Multi-criteria decision making on strategic selection of wind farms
Amy H.I. Lee,
Hsing Hung Chen and
He-Yau Kang ()
Renewable Energy, 2009, vol. 34, issue 1, 120-126
Abstract:
With maturity of advanced technologies and urgent requirement for maintaining a healthy environment with reasonable price, China is moving toward a trend of generating electricity from renewable wind resources. How to select a suitable wind farm becomes an important focus for stakeholders. This paper first briefly introduces wind farm and then develops its critical success criteria. A new multi-criteria decision-making (MCDM) model, based on the analytic hierarchy process (AHP) associated with benefits, opportunities, costs and risks (BOCR), is proposed to help select a suitable wind farm project. Multiple factors that affect the success of wind farm operations are analyzed by taking into account experts' opinions, and a performance ranking of the wind farms is generated.
Keywords: Analytic hierarchy process (AHP); Benefits, opportunities, costs and risks (BOCR); Wind farms (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (74)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:34:y:2009:i:1:p:120-126
DOI: 10.1016/j.renene.2008.04.013
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