Evaluation of Renewable Energy Alternatives for Turkey via Modified Fuzzy AHP

Esra Karaka and Ozan Veli Y ld Ran
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Esra Karaka: Adana Science and Technology University, Faculty of Business, Department of Business Administration, Adana, Turkey.
Ozan Veli Y ld Ran: Adana Science and Technology University, Faculty of Business, Department of Business Administration, Adana, Turkey.

International Journal of Energy Economics and Policy, 2019, vol. 9, issue 2, 31-39

Abstract: The importance of renewable energy is increasing both with the inadequacy of traditional energy resources and environmental awareness. Turkey has a large potential for renewable energy sources, and utilizing the potential is an inevitable choice for increasing its self-sufficiency with an environmentally friendly way. Therefore, evaluation of renewable energy alternatives for the country and determination of the most suitable renewable energy alternative are important issues to make reasonable energy investment plan. In this study, we evaluate the renewable energy alternatives of Turkey using Modified Fuzzy Analytic Hierarchy Process. Renewable energy alternatives considered in the study are hydro, wind, solar, biomass and geothermal energy. Four main criteria and eight sub criteria are used to evaluate five renewable energy alternatives. The obtained results indicate that solar energy is the best alternative, and wind energy is the second best alternative for Turkey. The conclusion reached by this study is also support successful realization of the Vision 2023 energy targets.

Keywords: Fuzzy Analytic Hierarchy Process; Renewable Energy; Energy Strategy. (search for similar items in EconPapers)
JEL-codes: D81 Q20 Q38 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (6)

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