Selecting Rooftop Solar Photovoltaic Modules by Measuring Their Attractiveness by a Categorical-Based Evaluation Technique (MACBETH): The Case of Lithuania

Andrius Tamošiūnas ()
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Andrius Tamošiūnas: Department of Management, Faculty of Business Management, Vilnius Gediminas Technical University, LT-10223 Vilnius, Lithuania

Energies, 2023, vol. 16, issue 7, 1-22

Abstract: The paper examines the challenges related to solar photovoltaic (PV) development with a pivotal focus on the impacts of the dynamics of the relevant markets and technological advancements in the solar industry. In this regard, household investments into rooftop solar PV modules as one of the available incentives are investigated based on a conducted experiment in Lithuania for selecting rooftop solar PV systems for the prosumer by measuring the attractiveness of solar PV modules by a categorical-based evaluation technique (MACBETH). While a variety of multiple-criteria decision-making (MCDM) methods used by scholars have their specifics in terms of application and the divergence of results, the findings of the conducted experiment reveal MACBETH’s utility when based upon qualitative judgments about the differences in the attractiveness of offers, quantifying their relative value and accordingly ranking the latter. The findings also confirm MACBETH’s potential to be used not only to solve operational and tactical tasks but also for strategic objectives of private and public organizations aiming at competitive and sustainable development in short- and long-term contexts.

Keywords: solar photovoltaic module; multiple-criteria decision-making; renewable energy; MACBETH; management (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: 2023
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