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Comparative Risk Assessment of energy supply technologies: a Data Envelopment Analysis approach

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  • Ramanathan, R

Abstract

The diverse characteristics of eight different energy technologies are summarized in the form of relative efficiencies using Data Envelopment Analysis. Data from a previously published study was employed for the purpose. The analysis showed that, given the data and variables considered in the analysis, solar photovoltaic and nuclear are the relatively best efficient technologies, followed by natural gas and oil. The main problem of several renewable technologies appears to be the large land area that they require.

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  • Ramanathan, R, 2001. "Comparative Risk Assessment of energy supply technologies: a Data Envelopment Analysis approach," Energy, Elsevier, vol. 26(2), pages 197-203.
    • Handle: RePEc:eee:energy:v:26:y:2001:i:2:p:197-203
    DOI: 10.1016/S0360-5442(00)00058-X
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    11. Azadeh, A. & Sheikhalishahi, M. & Asadzadeh, S.M., 2011. "A flexible neural network-fuzzy data envelopment analysis approach for location optimization of solar plants with uncertainty and complexity," Renewable Energy, Elsevier, vol. 36(12), pages 3394-3401.
    12. Azadeh, A. & Ghaderi, S.F. & Nasrollahi, M.R., 2011. "Location optimization of wind plants in Iran by an integrated hierarchical Data Envelopment Analysis," Renewable Energy, Elsevier, vol. 36(5), pages 1621-1631.
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    14. Kamenopoulos, Sotiris N. & Tsoutsos, Theocharis, 2015. "Assessment of the safe operation and maintenance of photovoltaic systems," Energy, Elsevier, vol. 93(P2), pages 1633-1638.
    15. Aquila, Giancarlo & Souza Rocha, Luiz Célio & Rotela Junior, Paulo & Saab Junior, Joseph Youssif & de Sá Brasil Lima, João & Balestrassi, Pedro Paulo, 2020. "Economic planning of wind farms from a NBI-RSM-DEA multiobjective programming," Renewable Energy, Elsevier, vol. 158(C), pages 628-641.
    16. Kemppi, Heikki & Perrels, Adriaan, 2003. "Liberalised Electricity Markets - Strengths and Weaknesses in Finland and Nordpool," Research Reports 97, VATT Institute for Economic Research.
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