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Ranking Hydroelectric Power Projects with Multicriteria Decision Analysis

Author

Listed:
  • Fred E. Wenstöp

    (Norwegian School of Management, PO Box 69, N-1341 Bekkestue, Norway)

  • Arne J. Carlsen

    (A. B. Berdal A S, Kjorboveien 25, N-1300 Sandvika, Norway)

Abstract

The Norwegian master plan for water resources called for ranking 542 hydropower projects. Two methods were used. The official one was process-oriented rather than analytical but was still intended to be formal and open to investigation. The ranked list produced was backed by the Norwegian government. We used the second method based on multicriteria decision analysis to review the first result. To our embarrassment, the two ranked lists turned out to be almost diametrically opposed to each other. In a public confrontation, political pragmatism was pitted against scientific ideals. Subsequent cooperation led to insight on a higher level and fruitful synthesis of methods.

Suggested Citation

  • Fred E. Wenstöp & Arne J. Carlsen, 1988. "Ranking Hydroelectric Power Projects with Multicriteria Decision Analysis," Interfaces, INFORMS, vol. 18(4), pages 36-48, August.
    • Handle: RePEc:inm:orinte:v:18:y:1988:i:4:p:36-48
    DOI: 10.1287/inte.18.4.36
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    Cited by:

    1. Kęstutis Peleckis, 2022. "Application of the Multicriteria Method Seeking to Assess Concentration, and Its Effects on Competition in the Manufacturing Sector," Sustainability, MDPI, vol. 14(19), pages 1-30, September.
    2. Paul L. Ewing & William Tarantino & Gregory S. Parnell, 2006. "Use of Decision Analysis in the Army Base Realignment and Closure (BRAC) 2005 Military Value Analysis," Decision Analysis, INFORMS, vol. 3(1), pages 33-49, March.
    3. Zanakis, Stelios H. & Mandakovic, Tomislav & Gupta, Sushil K. & Sahay, Sundeep & Hong, Sungwan, 1995. "A review of program evaluation and fund allocation methods within the service and government sectors," Socio-Economic Planning Sciences, Elsevier, vol. 29(1), pages 59-79, March.
    4. Guitouni, Adel & Martel, Jean-Marc, 1998. "Tentative guidelines to help choosing an appropriate MCDA method," European Journal of Operational Research, Elsevier, vol. 109(2), pages 501-521, September.
    5. Jon Strand & Mette Vågnes, 2001. "The relationship between property values and railroad proximity: a study based on hedonic prices and real estate brokers' appraisals," Transportation, Springer, vol. 28(2), pages 137-156, May.

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