Abstract
In recent years, there has been a remarkable trend toward sustainable and renewable energy sources due to environmental problems and depletion of fossil energy sources. Authorities encourage energy investors to tend this field and consequently many investors develop an energy planning for next decades based on renewable energy sources. At this stage, it is a crucial step to choose energy type and develop a strategic plan based on it. In this study, we aimed to find out the best performing sustainable and/or renewable energy alternative and thus guide decision makers on energy investments. We evaluated four energy power plant types, which are solar, wind, hydroelectric and landfilled gas (LFG). Multi-criteria decision making (MCDM) methods are very appropriate for the evaluation of the renewable energy alternatives, with many factors to consider. We conducted a real life case study with two different MCDM methods; VIKOR and TODIM, and compared their results. In order to cope with vagueness and uncertainty in this evaluation process, we integrated fuzzy sets into both methods. Finally, we presented a sensitivity analysis to see how robust decisions we obtained.
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Turgut, Z.K., Tolga, A.Ç. (2018). Fuzzy MCDM Methods in Sustainable and Renewable Energy Alternative Selection: Fuzzy VIKOR and Fuzzy TODIM. In: Kahraman, C., Kayakutlu, G. (eds) Energy Management—Collective and Computational Intelligence with Theory and Applications. Studies in Systems, Decision and Control, vol 149. Springer, Cham. https://doi.org/10.1007/978-3-319-75690-5_13
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