Combining Value-Focused Thinking and PROMETHEE Techniques for Selecting a Portfolio of Distributed Energy Generation Projects in the Brazilian Electricity Sector
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Wu, Yunna & Xu, Chuanbo & Ke, Yiming & Chen, Kaifeng & Sun, Xiaokun, 2018. "An intuitionistic fuzzy multi-criteria framework for large-scale rooftop PV project portfolio selection: Case study in Zhejiang, China," Energy, Elsevier, vol. 143(C), pages 295-309.
- Büyüközkan, Gülçin & Karabulut, Yağmur, 2017. "Energy project performance evaluation with sustainability perspective," Energy, Elsevier, vol. 119(C), pages 549-560.
- Jay Simon & Eva Regnier & Laura Whitney, 2014. "A Value-Focused Approach to Energy Transformation in the United States Department of Defense," Decision Analysis, INFORMS, vol. 11(2), pages 117-132, June.
- Fan, Xiao-chao & Wang, Wei-qing & Shi, Rui-jing & Li, Feng-ting, 2015. "Analysis and countermeasures of wind power curtailment in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1429-1436.
- 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.
- 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.
- Aragonés-Beltrán, Pablo & Chaparro-González, Fidel & Pastor-Ferrando, Juan-Pascual & Pla-Rubio, Andrea, 2014. "An AHP (Analytic Hierarchy Process)/ANP (Analytic Network Process)-based multi-criteria decision approach for the selection of solar-thermal power plant investment projects," Energy, Elsevier, vol. 66(C), pages 222-238.
- Bastidas, Daniel & Mc Isaac, Florent, 2019. "Reaching Brazil's Nationally Determined Contributions: An assessment of the key transitions in final demand and employment," Energy Policy, Elsevier, vol. 135(C).
- Bertrand Mareschal & Jean Pierre Brans, 1992. "PROMETHEE V: MCDM problems with segmentation constraints," ULB Institutional Repository 2013/9341, ULB -- Universite Libre de Bruxelles.
- Ávila, Leandro & Mine, Miriam R.M & Kaviski, Eloy & Detzel, Daniel H.M., 2021. "Evaluation of hydro-wind complementarity in the medium-term planning of electrical power systems by joint simulation of periodic streamflow and wind speed time series: A Brazilian case study," Renewable Energy, Elsevier, vol. 167(C), pages 685-699.
- Cuoghi, Kaio Guilherme & Leoneti, Alexandre Bevilacqua, 2019. "A group MCDA method for aiding decision-making of complex problems in public sector: The case of Belo Monte Dam," Socio-Economic Planning Sciences, Elsevier, vol. 68(C).
- Mirakyan, Atom & Guio, R.D., 2014. "A methodology in innovative support of the integrated energy planning preparation and orientation phase," Energy, Elsevier, vol. 78(C), pages 916-927.
- Aquila, Giancarlo & Pamplona, Edson de Oliveira & Queiroz, Anderson Rodrigo de & Rotela Junior, Paulo & Fonseca, Marcelo Nunes, 2017. "An overview of incentive policies for the expansion of renewable energy generation in electricity power systems and the Brazilian experience," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 1090-1098.
- de Melo, Conrado Augustus & Jannuzzi, Gilberto de Martino & Bajay, Sergio Valdir, 2016. "Nonconventional renewable energy governance in Brazil: Lessons to learn from the German experience," Renewable and Sustainable Energy Reviews, Elsevier, vol. 61(C), pages 222-234.
- Wu, Yunna & Xu, Chuanbo & Ke, Yiming & Li, Xinying & Li, Lingwenying, 2019. "Portfolio selection of distributed energy generation projects considering uncertainty and project interaction under different enterprise strategic scenarios," Applied Energy, Elsevier, vol. 236(C), pages 444-464.
- 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.
- Hermano Bernardo & Adélio Gaspar & Carlos Henggeler Antunes, 2018. "A Combined Value Focused Thinking-Soft Systems Methodology Approach to Structure Decision Support for Energy Performance Assessment of School Buildings," Sustainability, MDPI, vol. 10(7), pages 1-19, July.
- Animesh Debnath & Jagannath Roy & Samarjit Kar & Edmundas Kazimieras Zavadskas & Jurgita Antucheviciene, 2017. "A Hybrid MCDM Approach for Strategic Project Portfolio Selection of Agro By-Products," Sustainability, MDPI, vol. 9(8), pages 1-33, July.
- Jano-Ito, Marco A. & Crawford-Brown, Douglas, 2017. "Investment decisions considering economic, environmental and social factors: An actors' perspective for the electricity sector of Mexico," Energy, Elsevier, vol. 121(C), pages 92-106.
- Bortoluzzi, Mirian & Correia de Souza, Celso & Furlan, Marcelo, 2021. "Bibliometric analysis of renewable energy types using key performance indicators and multicriteria decision models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 143(C).
- Keeney, Ralph L., 1996. "Value-focused thinking: Identifying decision opportunities and creating alternatives," European Journal of Operational Research, Elsevier, vol. 92(3), pages 537-549, August.
- Di Santo, Katia Gregio & Kanashiro, Eduardo & Di Santo, Silvio Giuseppe & Saidel, Marco Antonio, 2015. "A review on smart grids and experiences in Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1072-1082.
- Mastorakis, Kostis & Siskos, Eleftherios, 2016. "Value focused pharmaceutical strategy determination with multicriteria decision analysis techniques," Omega, Elsevier, vol. 59(PA), pages 84-96.
- Hassanzadeh, Farhad & Nemati, Hamid & Sun, Minghe, 2014. "Robust optimization for interactive multiobjective programming with imprecise information applied to R&D project portfolio selection," European Journal of Operational Research, Elsevier, vol. 238(1), pages 41-53.
- Florent MCISAAC & Daniel BASTIDAS, 2019. "Reaching Brazil's Nationally Determined Contributions: An Assessment of the Key Transitions in Final Demand and Employment," Working Paper 911644f9-625d-496f-8ecf-8, Agence française de développement.
- Corrêa da Silva, Rodrigo & de Marchi Neto, Ismael & Silva Seifert, Stephan, 2016. "Electricity supply security and the future role of renewable energy sources in Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 328-341.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Bortoluzzi, Mirian & Furlan, Marcelo & dos Reis Neto, José Francisco, 2022. "Assessing the impact of hydropower projects in Brazil through data envelopment analysis and machine learning," Renewable Energy, Elsevier, vol. 200(C), pages 1316-1326.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Wu, Yunna & Xu, Chuanbo & Ke, Yiming & Li, Xinying & Li, Lingwenying, 2019. "Portfolio selection of distributed energy generation projects considering uncertainty and project interaction under different enterprise strategic scenarios," Applied Energy, Elsevier, vol. 236(C), pages 444-464.
- Sellak, Hamza & Ouhbi, Brahim & Frikh, Bouchra & Palomares, Iván, 2017. "Towards next-generation energy planning decision-making: An expert-based framework for intelligent decision support," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 1544-1577.
- Tim H¨ofer & Rüdiger von Nitzsch & Reinhard Madlener, 2020. "Using Value-Focused Thinking and Multicriteria Decision Making to Evaluate Energy Transition Alternatives," Decision Analysis, INFORMS, vol. 17(4), pages 330-355, December.
- Herrera, Milton M. & Dyner, Isaac & Cosenz, Federico, 2019. "Assessing the effect of transmission constraints on wind power expansion in northeast Brazil," Utilities Policy, Elsevier, vol. 59(C), pages 1-1.
- Aquila, Giancarlo & Nakamura, Wilson Toshiro & Junior, Paulo Rotella & Souza Rocha, Luiz Celio & de Oliveira Pamplona, Edson, 2021. "Perspectives under uncertainties and risk in wind farms investments based on Omega-LCOE approach: An analysis in São Paulo state, Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 141(C).
- Fahime Lotfian Delouyi & Seyed Hassan Ghodsypour & Maryam Ashrafi, 2021. "Dynamic Portfolio Selection in Gas Transmission Projects Considering Sustainable Strategic Alignment and Project Interdependencies through Value Analysis," Sustainability, MDPI, vol. 13(10), pages 1-25, May.
- Simsek, Yeliz & Watts, David & Escobar, Rodrigo, 2018. "Sustainability evaluation of Concentrated Solar Power (CSP) projects under Clean Development Mechanism (CDM) by using Multi Criteria Decision Method (MCDM)," Renewable and Sustainable Energy Reviews, Elsevier, vol. 93(C), pages 421-438.
- Qian, Xiaohu & Fang, Shu-Cherng & Huang, Min & Wang, Xingwei, 2019. "Winner determination of loss-averse buyers with incomplete information in multiattribute reverse auctions for clean energy device procurement," Energy, Elsevier, vol. 177(C), pages 276-292.
- Dimitrios Gouglas & Kendall Hoyt & Elizabeth Peacocke & Aristidis Kaloudis & Trygve Ottersen & John-Arne Røttingen, 2019. "Setting Strategic Objectives for the Coalition for Epidemic Preparedness Innovations: An Exploratory Decision Analysis Process," Service Science, INFORMS, vol. 49(6), pages 430-446, November.
- Fang, Hong & Wang, Xu & Song, Wenyan, 2020. "Technology selection for photovoltaic cell from sustainability perspective: An integrated approach," Renewable Energy, Elsevier, vol. 153(C), pages 1029-1041.
- Li, Tao & Li, Ang & Guo, Xiaopeng, 2020. "The sustainable development-oriented development and utilization of renewable energy industry——A comprehensive analysis of MCDM methods," Energy, Elsevier, vol. 212(C).
- Herrera, Milton M. & Dyner, Isaac & Cosenz, Federico, 2020. "Benefits from energy policy synchronisation of Brazil’s North-Northeast interconnection," Renewable Energy, Elsevier, vol. 162(C), pages 427-437.
- 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.
- Antoine GODIN & Paul HADJI-LAZARO, 2020.
"Demand-induced transition risks: A systemic approach applied to South Africa,"
Working Paper
1ec2dacf-58b9-4235-8d35-4, Agence française de développement.
- Antoine GODIN & Paul HADJI-LAZARO, 2020. "Demand-induced transition risks: A systemic approach applied to South Africa," Working Paper b86d90ca-ea16-401e-9fac-4, Agence française de développement.
- Aquila, Giancarlo & Coelho, Eden de Oliveira Pinto & Bonatto, Benedito Donizeti & Pamplona, Edson de Oliveira & Nakamura, Wilson Toshiro, 2021. "Perspective of uncertainty and risk from the CVaR-LCOE approach: An analysis of the case of PV microgeneration in Minas Gerais, Brazil," Energy, Elsevier, vol. 226(C).
- Bose, A.S. & Sarkar, S., 2019. "India's e-reverse auctions (2017–2018) for allocating renewable energy capacity: An evaluation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 112(C), pages 762-774.
- Bortoluzzi, Mirian & Furlan, Marcelo & dos Reis Neto, José Francisco, 2022. "Assessing the impact of hydropower projects in Brazil through data envelopment analysis and machine learning," Renewable Energy, Elsevier, vol. 200(C), pages 1316-1326.
- Indre Siksnelyte & Edmundas Kazimieras Zavadskas & Dalia Streimikiene & Deepak Sharma, 2018. "An Overview of Multi-Criteria Decision-Making Methods in Dealing with Sustainable Energy Development Issues," Energies, MDPI, vol. 11(10), pages 1-21, October.
- Ferreira, Agmar & Kunh, Sheila S. & Fagnani, Kátia C. & De Souza, Tiago A. & Tonezer, Camila & Dos Santos, Geocris Rodrigues & Coimbra-Araújo, Carlos H., 2018. "Economic overview of the use and production of photovoltaic solar energy in brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 181-191.
- Bortoluzzi, Mirian & Correia de Souza, Celso & Furlan, Marcelo, 2021. "Bibliometric analysis of renewable energy types using key performance indicators and multicriteria decision models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 143(C).
More about this item
Keywords
sustainable distributed generation; clean energy; portfolio selection; MCDM/A; PROMETHEE;All these keywords.
Statistics
Access and download statisticsCorrections
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:gam:jsusta:v:13:y:2021:i:19:p:11091-:d:651365. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.