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Making Risk Evaluation for The Renewable Energy Investments in The Telecommunications Sector with SF TOP-DEMATEL Methodology

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  • Serkan Eti
  • YaÅŸar Gökalp
  • Alexey Mikhaylov

Abstract

Energy has an important role in the telecommunications sector. Therefore, it would be advantageous for telecommunication enterprises to produce their own energy. One of the best ways for these companies to produce their energy is renewable energy. However, there are some risks for them to make renewable energy investments. It is vital to manage these risks without incurring high costs. Accordingly, the purpose of this study is to conduct a priority analysis of the critical risks of renewable energy investment in the telecommunications sector. In this context, five different risks are analyzed with the SF TOP DEMATEL method. As a result of the analysis, the provision of uninterrupted energy is found as the most critical risk with the weight of 0.2093. Other important risks are defined as cost and updateability. To meet the energy needs of the telecommunications sector by making renewable energy investment, it would be appropriate to take action to ensure an uninterrupted energy supply. For this purpose, hybrid energy models and energy storage technologies are reasonable solutions.

Suggested Citation

  • Serkan Eti & YaÅŸar Gökalp & Alexey Mikhaylov, 2023. "Making Risk Evaluation for The Renewable Energy Investments in The Telecommunications Sector with SF TOP-DEMATEL Methodology," Journal of Sustainable Development Issues (JOSDI), SDIjournals, vol. 1(1), pages 13-22, December.
    • Handle: RePEc:arv:journl:v:1:y:2023:i:1:p:13-22
    DOI: 10.62433/josdi.v1i1.11
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    More about this item

    Keywords

    Clean energy; renewable energy; risk evaluation; telecommunications sector; TOP-DEMATEL;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis

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