Multi-criteria decision analysis for simplified evaluation of clean energy technologies

Abstract

Technology assessment (TA) is not a new concept. High value energy technology identification needs to be followed by a decision process in which all shareholders contribute. A case study on Combined and Heat Power (CHP) technologies considered is presented to illustrate the applicability of fuzzy analytical hierarchy assessment approach (FAHP). The goal of this paper is to identify and evaluate the best variant of CHP technologies using multi-criteria that are technical feasibly and cost effective reflecting performance parameters. The results depict that technology A2 with an overall ranking of 0.438 is the best alternative compared to others. Taking into consideration decision parameters for the section, A1 is found to be relatively most important with a rating of 0.434 with its reliability and cost effectiveness. The presented fuzzy-based methodology is general expected to be used by a diverse target groups in energy sectors.