A fuzzy multicriteria model for comparing energy projects

Mitali De and Keith W. Hipel

Energy, 1987, vol. 12, issue 7, 599-613

Abstract: A fuzzy set approach to multicriteria modelling is presented for selecting the best alternative solution to a large-scale engineering project. The problems of making expert recommendations, amidst conflicting views of different people and institutions, is handled by this technique which incorporates the viewpoints of different interest groups, both quantitative and qualitative. The efficacy of the methodology is demonstrated by applying it to the real world problem of selecting the best site for the Bay of Fundy Tidal Power Project where emphasis is placed on socio-economic aspects. The direct impacts of developing tidal power energy on good living, transportation, psychological and political factors are studied by using fuzzy binary relations to model preferences.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:12:y:1987:i:7:p:599-613

DOI: 10.1016/0360-5442(87)90101-0

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