Making Risk Evaluation for The Renewable Energy Investments in The Telecommunications Sector with SF TOP-DEMATEL Methodology

Serkan Eti, Yaşar Gökalp and Alexey Mikhaylov

Journal of Sustainable Development Issues (JOSDI), 2023, vol. 1, issue 1, 13-22

Abstract: Energy has an important role in the telecommunications sector. Therefore, it would be advantageous for telecommunication enterprises to produce their own energy. One of the best ways for these companies to produce their energy is renewable energy. However, there are some risks for them to make renewable energy investments. It is vital to manage these risks without incurring high costs. Accordingly, the purpose of this study is to conduct a priority analysis of the critical risks of renewable energy investment in the telecommunications sector. In this context, five different risks are analyzed with the SF TOP DEMATEL method. As a result of the analysis, the provision of uninterrupted energy is found as the most critical risk with the weight of 0.2093. Other important risks are defined as cost and updateability. To meet the energy needs of the telecommunications sector by making renewable energy investment, it would be appropriate to take action to ensure an uninterrupted energy supply. For this purpose, hybrid energy models and energy storage technologies are reasonable solutions.

Keywords: Clean energy; renewable energy; risk evaluation; telecommunications sector; TOP-DEMATEL (search for similar items in EconPapers)
JEL-codes: C02 C61 Q40 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:arv:journl:v:1:y:2023:i:1:p:13-22

DOI: 10.62433/josdi.v1i1.11

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