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External Economies Evaluation of Wind Power Engineering Project Based on Analytic Hierarchy Process and Matter-Element Extension Model

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  • Hong-ze Li
  • Sen Guo

Abstract

The external economies of wind power engineering project may affect the operational efficiency of wind power enterprises and sustainable development of wind power industry. In order to ensure that the wind power engineering project is constructed and developed in a scientific manner, a reasonable external economies evaluation needs to be performed. Considering the interaction relationship of the evaluation indices and the ambiguity and uncertainty inherent, a hybrid model of external economies evaluation designed to be applied to wind power engineering project was put forward based on the analytic hierarchy process (AHP) and matter-element extension model in this paper. The AHP was used to determine the weights of indices, and the matter-element extension model was used to deduce final ranking. Taking a wind power engineering project in Inner Mongolia city as an example, the external economies evaluation is performed by employing this hybrid model. The result shows that the external economies of this wind power engineering project are belonged to the “strongest” level, and “the degree of increasing region GDP,” “the degree of reducing pollution gas emissions,” and “the degree of energy conservation” are the sensitive indices.

Suggested Citation

  • Hong-ze Li & Sen Guo, 2013. "External Economies Evaluation of Wind Power Engineering Project Based on Analytic Hierarchy Process and Matter-Element Extension Model," Mathematical Problems in Engineering, Hindawi, vol. 2013, pages 1-11, December.
  • Handle: RePEc:hin:jnlmpe:848901
    DOI: 10.1155/2013/848901
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    Cited by:

    1. Yana Duan & Yang Sun & Yu Zhang & Xiaoqi Fan & Qinghuan Dong & Sen Guo, 2021. "Risk Evaluation of Electric Power Grid Investment in China Employing a Hybrid Novel MCDM Method," Mathematics, MDPI, vol. 9(5), pages 1-22, February.

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