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An Integrated Multi-Criteria System to Assess Sustainable Energy Options: An Application of the Promethee Method

Author

Listed:
  • Fausto Cavallaro

    (University of Molise)

  • University of Molise

Abstract

The planning and appraisal of sustainable energy projects involve rather complex tasks. This is due to the fact that the decision making process is the closing link in the process of analysing and handling different types of information: environmental, technical economic and social. Such information can play a strategic role in steering the decision maker towards one choice instead of another. Some of these variables (technical and economic) can be handled fairly easily by numerical models whilst others, particularly ones relating to environmental impacts, may only be adjudicated qualitatively (subjective or not). In many cases therefore, traditional evaluation methods such as cost-benefit analysis and the main economic and financial indicators (NPV, ROI, IRR etc.) are unable to deal with all the components involved in an environmentally valid energy project. Multi-criteria methods provide a flexible tool that is able to handle and bring together a wide range of variables appraised in different ways and thus offer valid assistance to the decision maker in mapping out the problem. This paper sets out the application of a multi-criteria method (PROMETHEE developed by J.P. Brans et al. 1986) to a real life case that is in tune with the objectives of sustainable development.

Suggested Citation

  • Fausto Cavallaro & University of Molise, 2005. "An Integrated Multi-Criteria System to Assess Sustainable Energy Options: An Application of the Promethee Method," Working Papers 2005.22, Fondazione Eni Enrico Mattei.
    • Handle: RePEc:fem:femwpa:2005.22
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    Citations

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    Cited by:

    1. Subbarao, Srikanth & Lloyd, Bob, 2011. "Can the Clean Development Mechanism (CDM) deliver?," Energy Policy, Elsevier, vol. 39(3), pages 1600-1611, March.
    2. Haurant, P. & Oberti, P. & Muselli, M., 2011. "Multicriteria selection aiding related to photovoltaic plants on farming fields on Corsica island: A real case study using the ELECTRE outranking framework," Energy Policy, Elsevier, vol. 39(2), pages 676-688, February.
    3. Tena Bilić & Sara Raos & Perica Ilak & Ivan Rajšl & Robert Pašičko, 2020. "Assessment of Geothermal Fields in the South Pannonian Basin System Using a Multi-Criteria Decision-Making Tool," Energies, MDPI, vol. 13(5), pages 1-23, February.
    4. Terrados, J. & Almonacid, G. & Pérez-Higueras, P., 2009. "Proposal for a combined methodology for renewable energy planning. Application to a Spanish region," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(8), pages 2022-2030, October.
    5. Tsoutsos, Theocharis & Drandaki, Maria & Frantzeskaki, Niki & Iosifidis, Eleftherios & Kiosses, Ioannis, 2009. "Sustainable energy planning by using multi-criteria analysis application in the island of Crete," Energy Policy, Elsevier, vol. 37(5), pages 1587-1600, May.
    6. Hernandez-Perdomo, Elvis A. & Mun, Johnathan & Rocco S., Claudio M., 2017. "Active management in state-owned energy companies: Integrating a real options approach into multicriteria analysis to make companies sustainable," Applied Energy, Elsevier, vol. 195(C), pages 487-502.
    7. Ren, Hongbo & Gao, Weijun & Zhou, Weisheng & Nakagami, Ken'ichi, 2009. "Multi-criteria evaluation for the optimal adoption of distributed residential energy systems in Japan," Energy Policy, Elsevier, vol. 37(12), pages 5484-5493, December.
    8. Kowalski, Katharina & Stagl, Sigrid & Madlener, Reinhard & Omann, Ines, 2009. "Sustainable energy futures: Methodological challenges in combining scenarios and participatory multi-criteria analysis," European Journal of Operational Research, Elsevier, vol. 197(3), pages 1063-1074, September.
    9. Troldborg, Mads & Heslop, Simon & Hough, Rupert L., 2014. "Assessing the sustainability of renewable energy technologies using multi-criteria analysis: Suitability of approach for national-scale assessments and associated uncertainties," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 1173-1184.
    10. Strantzali, Eleni & Aravossis, Konstantinos, 2016. "Decision making in renewable energy investments: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 885-898.
    11. Na Li & Rudi Hakvoort & Zofia Lukszo, 2021. "Cost Allocation in Integrated Community Energy Systems—Social Acceptance," Sustainability, MDPI, vol. 13(17), pages 1-24, September.
    12. Nafiseh Khoramshokooh & Mehdi Veiskarami & Mohammad Reza Nikoo & Somayeh Pourvahedi Roshandeh, 2018. "Multi-Objective Hydraulic Optimization of Diversion Dam’s Cut-Off," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 32(11), pages 3723-3736, September.
    13. Yanbin Li & Shuangshuang Shao & Feng Zhang, 2018. "An Analysis of the Multi-Criteria Decision-Making Problem for Distributed Energy Systems," Energies, MDPI, vol. 11(9), pages 1-12, September.

    More about this item

    Keywords

    Renewable energy; Multicriteria; Sustainable devolopment;
    All these keywords.

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

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