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Comprehensive Evaluation of the Sustainable Development of Power Grid Enterprises Based on the Model of Fuzzy Group Ideal Point Method and Combination Weighting Method with Improved Group Order Relation Method and Entropy Weight Method

Author

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  • Shuyu Dai

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Dongxiao Niu

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

Abstract

As an important implementing body of the national energy strategy, grid enterprises bear the important responsibility of optimizing the allocation of energy resources and serving the economic and social development, and their levels of sustainable development have a direct impact on the national economy and social life. In this paper, the model of fuzzy group ideal point method and combination weighting method with improved group order relation method and entropy weight method is proposed to evaluate the sustainable development of power grid enterprises. Firstly, on the basis of consulting a large amount of literature, the important criteria of the comprehensive evaluation of the sustainable development of power grid enterprises are preliminarily selected. The opinions of the industry experts are consulted and fed back for many rounds through the Delphi method and the evaluation criteria system for sustainable development of power grid enterprises is determined, then doing the consistent and non dimensional processing of the evaluation criteria. After that, based on the basic order relation method, the weights of each expert judgment matrix are synthesized to construct the compound matter elements. By using matter element analysis, the subjective weights of the criteria are obtained. And entropy weight method is used to determine the objective weights of the preprocessed criteria. Then, combining the subjective and objective information with the combination weighting method based on the subjective and objective weighted attribute value consistency, a more comprehensive, reasonable and accurate combination weight is calculated. Finally, based on the traditional TOPSIS method, the triangular fuzzy numbers are introduced to better realize the scientific processing of the data information which is difficult to quantify, and the queuing indication value of each object and the ranking result are obtained. A numerical example is taken to prove that the model of fuzzy group ideal point method and combination weighting method with improved group order relation method and entropy weight method is feasible and effective for evaluating the sustainable development of power grid enterprises.

Suggested Citation

  • Shuyu Dai & Dongxiao Niu, 2017. "Comprehensive Evaluation of the Sustainable Development of Power Grid Enterprises Based on the Model of Fuzzy Group Ideal Point Method and Combination Weighting Method with Improved Group Order Relati," Sustainability, MDPI, vol. 9(10), pages 1-22, October.
    • Handle: RePEc:gam:jsusta:v:9:y:2017:i:10:p:1900-:d:115889
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    References listed on IDEAS

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    1. Jun Zhao & Juliang Jin & Jiezhong Zhu & Jinchao Xu & Qingfeng Hang & Yaqian Chen & Donghao Han, 2016. "Water Resources Risk Assessment Model based on the Subjective and Objective Combination Weighting Methods," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 30(9), pages 3027-3042, July.
    2. Qingsong Wang & Xueliang Yuan & Jian Zhang & Yun Gao & Jinglan Hong & Jian Zuo & Wei Liu, 2015. "Assessment of the Sustainable Development Capacity with the Entropy Weight Coefficient Method," Sustainability, MDPI, vol. 7(10), pages 1-22, October.
    3. Lin Ding & Zhenfeng Shao & Hanchao Zhang & Cong Xu & Dewen Wu, 2016. "A Comprehensive Evaluation of Urban Sustainable Development in China Based on the TOPSIS-Entropy Method," Sustainability, MDPI, vol. 8(8), pages 1-23, August.
    4. Xiaomin Xu & Dongxiao Niu & Jinpeng Qiu & Meiqiong Wu & Peng Wang & Wangyue Qian & Xiang Jin, 2016. "Comprehensive Evaluation of Coordination Development for Regional Power Grid and Renewable Energy Power Supply Based on Improved Matter Element Extension and TOPSIS Method for Sustainability," Sustainability, MDPI, vol. 8(2), pages 1-17, February.
    5. Salih YILDIZ & Emel YILDIZ, 2015. "Service Quality Evaluation of Restaurants Using The Ahp And Topsis Method," Journal of Social and Administrative Sciences, KSP Journals, vol. 2(2), pages 53-61, June.
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    1. Peipei You & Sen Guo & Haoran Zhao & Huiru Zhao, 2017. "Operation Performance Evaluation of Power Grid Enterprise Using a Hybrid BWM-TOPSIS Method," Sustainability, MDPI, vol. 9(12), pages 1-15, December.
    2. Xiaodong Li & Haibo Kuang & Yan Hu, 2019. "Carbon Mitigation Strategies of Port Selection and Multimodal Transport Operations—A Case Study of Northeast China," Sustainability, MDPI, vol. 11(18), pages 1-17, September.
    3. Haoran Zhao & Huiru Zhao & Sen Guo, 2018. "Comprehensive Performance Evaluation of Electricity Grid Corporations Employing a Novel MCDM Model," Sustainability, MDPI, vol. 10(7), pages 1-23, June.

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