Multicriteria evaluation of power plants impact on the living standard using the analytic hierarchy process
Athanasios I. Chatzimouratidis and
Petros A. Pilavachi
Energy Policy, 2008, vol. 36, issue 3, 1074-1089
Abstract:
The purpose of this study is to evaluate 10 types of power plants available at present including fossil fuel, nuclear as well as renewable-energy-based power plants, with regard to their overall impact on the living standard of local communities. Both positive and negative impacts of power plant operation are considered using the analytic hierarchy process (AHP). The current study covers the set of criteria weights considered typical for many local communities in many developed countries. The results presented here are illustrative only and user-defined weighting is required to make this study valuable for a specific group of users. A sensitivity analysis examines the most important weight variations, thus giving an overall view of the problem evaluation to every decision maker. Regardless of criteria weight variations, the five types of renewable energy power plant rank in the first five positions. Nuclear plants are in the sixth position when priority is given to quality of life and last when socioeconomic aspects are valued more important. Natural gas, oil and coal/lignite power plants rank between sixth and tenth position having slightly better ranking under priority to socioeconomic aspects.
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:36:y:2008:i:3:p:1074-1089
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