Evaluating Energy Security using Choquet Integral: analysis in the southern E.U. countries

Amelia Bilbao-Terol (), Verónica Cañal-Fernández () and Carmen Gónzalez-Pérez ()
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Amelia Bilbao-Terol: University of Oviedo, Department Quantitative Economics, Faculty of Commerce Tourism and Social Sciences Jovellanos
Verónica Cañal-Fernández: University of Oviedo, Department Quantitative Economics, Faculty of Business and Economics
Carmen Gónzalez-Pérez: University of Oviedo, Faculty of Commerce Tourism and Social Sciences Jovellanos

Annals of Operations Research, 2025, vol. 355, issue 1, No 26, 763 pages

Abstract: Abstract The aim of this paper is to introduce a novel approach for assessing the risks to the continuous availability of cost-effective energy sources by proposing a Multi-Criteria Decision Making method that considers the interdependence between the indicators utilised in the measurement process. The paper focuses on Spain and Portugal into the EU energy market and investigates the consequences of their particular conditions. To account for the significance of each criterion and its subsets, the Choquet Integral is integrated into the analysis. The findings demonstrate the effectiveness of this approach in incorporating expert knowledge into Energy Security evaluations, which can be utilised to develop enhancement policies.

Keywords: Energy Security; Multi-criteria decision making; Choquet Integral; Climate risk; Risk of poverty (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s10479-023-05748-x

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