 Selecting the optimal exploitation option using a digital deposit model and the AHPEugeniusz J. Sobczyk, Dominik Galica, Michał Kopacz and Wiktoria Sobczyk Resources Policy, 2022, vol. 78, issue C Abstract: The prime objective of the study was to identify and evaluate options for development and exploitation of a prospective hard coal deposit using a digital geological model and a multi-criteria decision-making approach allowed, in elaborated research process, to identify investment alternatives and outline the one that maximizes the benefits for the potential investor. The developed research methodology was based on decision criteria including: economic, technical, geological, social, and environmental aspects. The combination of the above criteria made it possible to create six options for the development of the deposit named as: 1.2 MAX and 1.2 EKO, 1.5 MAX and 1.5 EKO, and 1.8 MAX and 1.8 EKO. The Analytic Hierarchy Process (AHP) was used as a method to select the optimum investment option. The research process consisted in taking into account the positive and negative impacts of individual exploitation options by building four separate hierarchical models (BOCR analysis), i.e. Benefits (B), Opportunities (O), Costs (C) and Risks (R). Keywords: Coal mining; AHP; Digital geological deposit model; Multi-criteria analysis; Economic evaluation (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:78:y:2022:i:c:s0301420722003968 DOI: 10.1016/j.resourpol.2022.102952 Access Statistics for this article Resources Policy is currently edited by R. G. Eggert More articles in Resources Policy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.