Review on multi-criteria decision analysis aid in sustainable energy decision-making
Jiang-Jiang Wang,
You-Yin Jing,
Chun-Fa Zhang and
Jun-Hong Zhao
Renewable and Sustainable Energy Reviews, 2009, vol. 13, issue 9, 2263-2278
Abstract:
Multi-criteria decision analysis (MCDA) methods have become increasingly popular in decision-making for sustainable energy because of the multi-dimensionality of the sustainability goal and the complexity of socio-economic and biophysical systems. This article reviewed the corresponding methods in different stages of multi-criteria decision-making for sustainable energy, i.e., criteria selection, criteria weighting, evaluation, and final aggregation. The criteria of energy supply systems are summarized from technical, economic, environmental and social aspects. The weighting methods of criteria are classified into three categories: subjective weighting, objective weighting and combination weighting methods. Several methods based on weighted sum, priority setting, outranking, fuzzy set methodology and their combinations are employed for energy decision-making. It is observed that the investment cost locates the first place in all evaluation criteria and CO2 emission follows closely because of more focuses on environment protection, equal criteria weights are still the most popular weighting method, analytical hierarchy process is the most popular comprehensive MCDA method, and the aggregation methods are helpful to get the rational result in sustainable energy decision-making.
Keywords: Sustainable; energy; Decision-making; Multi-criteria; decision; analysis; Criteria; selection; Weight; Aggregation; method (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (473)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:13:y:2009:i:9:p:2263-2278
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