IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/v16y2026i2id22964.html

Supporting Sustainable Energy Finance through Hierarchical Multi-criteria Sorting of Electricity Generation Technologies

Author

Listed:
  • Solares, Efrain

    (Faculty of Accounting and Administration, Autonomous University of Coahuila, Torreón, Mexico,)

  • Díaz, Raymundo

    (Business School, Tecnologico de Monterrey, Monterrey, Mexico,)

  • Sanchez, Juan Manuel

    (Department of Accounting, The University of Texas at San Antonio, San Antonio, United States,)

  • Fernández, Eduardo

    (Faculty of Accounting and Administration, Autonomous University of Coahuila, Torreón, Mexico,)

  • Granados Montelongo, Juan Antonio

    (Department of Renewable Natural Resources, Antonio Narro Autonomous Agrarian University, Saltillo, Mexico,)

  • Álvarez Gaona, Juan Antonio

    (Faculty of Marketing, Autonomous University of Coahuila, Saltillo, Mexico.)

Abstract

Sustainable finance requires decision-support tools capable of integrating financial indicators with environmental and social risk factors in a transparent and data-driven manner. This study introduces a hierarchical multi-criteria sorting approach for the evaluation of electricity generation technologies, aimed at informing capital allocation and investment screening decisions. The framework relies exclusively on quantitative criteria obtained from public datasets and organizes them into a structured hierarchy encompassing economic performance, technical reliability, system relevance, and environmental and health impacts. Interval-valued evaluations and preference parameters are employed to represent uncertainty and heterogeneity in financial decision contexts. The resulting range-based classifications distinguish technologies according to their overall acceptability from a sustainable finance perspective. Results for the U.S. electricity sector highlight the ability of the approach to support responsible investment decisions under multiple, potentially conflicting financial and sustainability considerations.

Suggested Citation

  • Solares, Efrain & Díaz, Raymundo & Sanchez, Juan Manuel & Fernández, Eduardo & Granados Montelongo, Juan Antonio & Álvarez Gaona, Juan Antonio, 2026. "Supporting Sustainable Energy Finance through Hierarchical Multi-criteria Sorting of Electricity Generation Technologies," International Journal of Energy Economics and Policy, Econjournals, vol. 16(2), pages 979-990, January.
    • Handle: RePEc:eco:journ2:v:16:y:2026:i:2:id:22964
    DOI: 10.32479/ijeep.22964
    as

    Download full text from publisher

    File URL: https://econjournals.com/index.php/ijeep/article/download/22964/9846
    Download Restriction: no
    File URL: https://libkey.io/10.32479/ijeep.22964?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:v:16:y:2026:i:2:id:22964. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Monica Sinhat (email available below). General contact details of provider: https://econjournals.com/index.php/ijeep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.