A Novel Multicriteria Evaluation of Small-Scale LNG Supply Alternatives: The Case of Greece

Eleni Strantzali, Konstantinos Aravossis, Georgios A. Livanos and Nikos Chrysanthopoulos
Additional contact information
Eleni Strantzali: Sector of Industrial Management and Operational Research, School of Mechanical Engineering, National Technical University of Athens, Iroon Polytechniou 9, 15780 Athens, Greece
Konstantinos Aravossis: Sector of Industrial Management and Operational Research, School of Mechanical Engineering, National Technical University of Athens, Iroon Polytechniou 9, 15780 Athens, Greece
Georgios A. Livanos: Department of Naval Architecture, Technological Educational Institute of Athens, 96 Agiou Spyridonos Street, 12210 Athens, Greece
Nikos Chrysanthopoulos: Sector of Signals, Control and Robotics, School of Electrical and Computer Engineering, National Technical University of Athens, Iroon Polytechniou 9, 15780 Athens, Greece

Energies, 2018, vol. 11, issue 4, 1-20

Abstract: Natural gas as fuel for electricity production has significant advantages, such as the reduction of environmental emissions and the lower operational cost. Due to the flexibility of gas engines, the exploitation of renewable energy sources in an area, can be maximized. The main objective of the present study is to investigate the possibility of LNG supply for sustainable electricity production in insular small-scale electricity systems. A novel multicriteria evaluation model has been developed, based on the methods of Additive Value Model, PROMETHEE and Simos approach. A set of coherent criteria has been selected, that fits perfectly with the demands of this type of problem. The proposed methodology has been implemented in four Greek islands (as they are the most indicative examples and with future perspectives to use natural gas for electricity production) and in one power plant in the mainland (as another typical example of small-scale electricity production). The evaluation process included four supply alternatives that cover the annual fuel demands of the examined regions. The obtaining ranking showed that the development of a network supplying individual small-scale terminals in a roundtrip is preferable, compared to the separate supply of each terminal.

Keywords: multicriteria analysis; additive value model; PROMETHEE; liquefied natural gas (LNG); small-scale LNG supply; isolated systems; sustainable electricity production (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.mdpi.com/1996-1073/11/4/903/pdf (application/pdf)
https://www.mdpi.com/1996-1073/11/4/903/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:11:y:2018:i:4:p:903-:d:140723

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().