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Evaluating Energy Efficiency

Ibrahim Iskin () and Tugrul U. Daim ()
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Ibrahim Iskin: Portland State University
Tugrul U. Daim: Portland State University

Chapter Chapter 11 in Policies and Programs for Sustainable Energy Innovations, 2015, pp 277-356 from Springer

Abstract: Abstract Nature of resource planning has changed dramatically since 1970s due to increased diversity in resource options such as renewable alternatives, demand-side management, space conditioning, cogeneration of heat and electricity in industrial applications, and deregulation of the energy market. Along with that new objectives have been added to the utilities’ decision-making processes beyond cost minimization (Hobbs, Eur. J. Oper. Res., 83:1–20, 1995). Moreover; technological development, instability in fuel markets, and government regulations are taking place faster than ever before and as a result complexity and uncertainty involved in decision-making practices have become increasingly significant. This chapter provides an approach based on hierarchical decision modeling to consider new factors in evaluating energy efficiency technologies.

Keywords: Energy Efficiency; Expert Judgment; Decision Alternative; Interpretive Structural Modeling; Energy Efficiency Measure (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:innchp:978-3-319-16033-7_11

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DOI: 10.1007/978-3-319-16033-7_11

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