Shannon entropy for energy technologies ex-ante evaluation

Carla Balocco and Daniele Verdesca

International Journal of Environmental Technology and Management, 2007, vol. 7, issue 1/2, 197-217

Abstract: Most of the international literature has used Shannon entropy to measure the information gap. In this paper we propose a method that uses Shannon entropy to evaluate ex-ante energy technologies in a decision making process. It was called ITEM, i.e., Information Theory Energy technology ex-ante evaluation Method. The aim was to have a suitable tool for characterising the most critical project during energy planning. The ITEM method was used to evaluate ex-ante two renewable energy scenarios: biomass energy production vs. bio fuel gasoline production. Analysis results highlight bio fuel low entropy, promoting this technology scenario from every point of view.

Keywords: entropy; information theory; thermodynamics; sustainability; renewable energy; energy planning; sustainable development; environmental technology; biomass; biofuels; energy technology; technology evaluation; decision making; envrionmental management. (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijetma:v:7:y:2007:i:1/2:p:197-217

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