Multi-criteria decision analysis (MCDA) for energy management

Jutta Geldermann, Erik Pohl and Marcel Dumeier

Chapter 7 in Research Handbook on Energy Management, 2025, pp 160-189 from Edward Elgar Publishing

Abstract: Managing complex energy decisions is challenging due to numerous options, varied consequences, and the involvement of multiple stakeholders with differing interests in a highly uncertain environment. Multi-criteria decision analysis (MCDA), a field within Operations Research, uses mathematical techniques to help decision-makers identify solutions that align best with their preferences, offering compromise solutions that balance multiple criteria rather than optimizing just one. This chapter presents the PROMETHEE outranking approach, an MCDA method, applied to an energy management case study. The example demonstrates how MCDA organizes preferences, weights, and criteria scores, enhancing understanding of key decision factors. Sensitivity analysis is also explored, providing insights into the influence of changing parameters on decision outcomes.

Keywords: Multi-criteria decision aiding; Outranking; PROMETHEE; Energy scenarios (search for similar items in EconPapers)
Date: 2025
ISBN: 9781800376496
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