Skip to main content

Selection Among Solar Power Plants Using Fuzzy Economics

  • Conference paper
  • First Online:
Advances in Fuzzy Logic and Technology 2017 (EUSFLAT 2017, IWIFSGN 2017)

Abstract

Alternative energy sources are gaining popularity against the world’s fossil energy sources. There is an increasing energy demand due to the growing population. Renewable energy sources are used as alter-natives for fulfilling this demand. Since these sources are non-exhaustible and can renew themselves, they are considered as primary energy sources for the future. Although solar energy has the highest capacity among renewable energy sources, currently it has the disadvantage of high equipment and installation costs. Therefore, the economic analysis of investments in solar energy systems should be accurate and realistic but the uncertainty and ambiguity inherit in the parameters make this analysis complex and inaccurate. In this work, the solar economic model containing economic and technical uncertainties has been evaluated by using fuzzy logic. Realistic solutions from the developed solar fuzzy economic model direct investors to more accurate solar power plant investments.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Commission, E.: Energy statistical pocketbook (2016). http://ec.europa.eu/energy/sites/ener/files/documents/2014_pocketbook.pdf. Accessed 14 Feb 2017

  2. Kalogirou, S.A.: Solar Energy Engineering: Processes and Systems. Academic Press, Cambridge (2013)

    Google Scholar 

  3. Resources, T.M.o.E.a.N.: Renewable energy resources support mechanism (YEKDEM) (2017). http://www.eie.gov.tr/yenilenebilir/YEKDEM.aspx. Accessed 28 Mar 2017

  4. (EIA), U.S.E.I.A.: Renewable and Alternative Fuels (2017). https://www.eia.gov/renewable/. Accessed 28 Mar 2017

  5. Çoban, V., Onar, S.Ç.: Modelling renewable energy usage with hesitant fuzzy cognitive map. In: Uncertainty Modelling in Knowledge Engineering and Decision Making. Proceedings of the 12th International FLINS Conference. World Scientific (2016)

    Google Scholar 

  6. Duffie, J.A., Beckman, W.A.: Solar Engineering of Thermal Processes. Wiley, Hoboken (2013)

    Book  Google Scholar 

  7. Çoban, V., Onar, S.Ç.: Modelling solar energy usage with fuzzy cognitive maps. In: Intelligence Systems in Environmental Management: Theory and Applications, pp. 159–187. Springer, New York (2017)

    Google Scholar 

  8. Kahraman, C., et al.: Fuzzy economic analysis methods for environmental economics. In: Intelligence Systems in Environmental Management: Theory and Applications, pp. 315–346. Springer, New york (2017)

    Google Scholar 

  9. Zadeh, L.A.: Fuzzy sets. Inf. Control 8(3), 338–353 (1965)

    Article  MATH  Google Scholar 

  10. Kosko, B.: Fuzzy cognitive maps. Int. J. Man Mach. Stud. 24(1), 65–75 (1986)

    Article  MATH  Google Scholar 

  11. Ross, T.J.: Fuzzy Logic with Engineering Applications. Wiley, Hoboken (2009)

    Google Scholar 

  12. Kahraman, C., Çevik Onar, S., Öztayşi, B.: Engineering economic analyses using intuitionistic and hesitant fuzzy sets. J. Intell. Fuzzy Syst. 29(3), 1151–1168 (2015)

    Article  MathSciNet  MATH  Google Scholar 

  13. Blank, L., Tarquin, A.: Basics of Engineering Economy. McGraw-Hill Higher Education, Pennsylvania (2013)

    Google Scholar 

  14. Kahraman, C., Öztayşi, B., Çevik Onar, S.: A comprehensive literature review of 50 years of fuzzy set theory. Int. J. Comput. Intell. Syst. 9(Suppl. 1), 3–24 (2016)

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Veysel Çoban .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer International Publishing AG

About this paper

Cite this paper

Çoban, V., Onar, S.Ç. (2018). Selection Among Solar Power Plants Using Fuzzy Economics. In: Kacprzyk, J., Szmidt, E., Zadrożny, S., Atanassov, K., Krawczak, M. (eds) Advances in Fuzzy Logic and Technology 2017. EUSFLAT IWIFSGN 2017 2017. Advances in Intelligent Systems and Computing, vol 641. Springer, Cham. https://doi.org/10.1007/978-3-319-66830-7_44

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-66830-7_44

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-66829-1

  • Online ISBN: 978-3-319-66830-7

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics