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Selection of Best Renewable Energy Source by Using VIKOR Method

Selection of Best Renewable Energy Source by Using VIKOR Method The increasing global demand for the sustainable development of electricity sectors increased the contribution of renewable energy sources (RESs). RESs give the flexibility to install generation units at demand areas and reduce transmission and distribution losses. Selection of appropriate RES is more strategic and decisive area. This is a complex multi-criteria decision making (MCDM) problem of having uncertain and conflicting factors. In this work, we used the recently developed MCDM technique VIKOR method to choose best appropriate RES alternative for installation at Banaras Hindu University (BHU) campus, India. The advantage of VIKOR method is to have a solution closest to the ideal solution having an acceptable compromise of conflicting and non-commensurable criteria. For assigning weights to the different criteria, we used analytical hierarchy process (AHP). The importance of different criteria has been assigned by decision-makers based on their preferences. The result shows that the wind turbine option is the best choice for the case of BHU campus. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Technology and Economics of Smart Grids and Sustainable Energy Springer Journals

Selection of Best Renewable Energy Source by Using VIKOR Method

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Publisher
Springer Journals
Copyright
Copyright © 2017 by Springer Science+Business Media Singapore
Subject
Energy; Energy Systems; Power Electronics, Electrical Machines and Networks; Energy Economics
eISSN
2199-4706
DOI
10.1007/s40866-017-0024-7
Publisher site
See Article on Publisher Site

Abstract

The increasing global demand for the sustainable development of electricity sectors increased the contribution of renewable energy sources (RESs). RESs give the flexibility to install generation units at demand areas and reduce transmission and distribution losses. Selection of appropriate RES is more strategic and decisive area. This is a complex multi-criteria decision making (MCDM) problem of having uncertain and conflicting factors. In this work, we used the recently developed MCDM technique VIKOR method to choose best appropriate RES alternative for installation at Banaras Hindu University (BHU) campus, India. The advantage of VIKOR method is to have a solution closest to the ideal solution having an acceptable compromise of conflicting and non-commensurable criteria. For assigning weights to the different criteria, we used analytical hierarchy process (AHP). The importance of different criteria has been assigned by decision-makers based on their preferences. The result shows that the wind turbine option is the best choice for the case of BHU campus.

Journal

Technology and Economics of Smart Grids and Sustainable EnergySpringer Journals

Published: Apr 19, 2017

References