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Application Of Fuzzy Topsis Method In Evaluation Of Solar Energy System Investment Alternatives

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  • Murat Burak KURT

    (Tradesoft ARI 2 Teknokent İTÜ Ayazağa Kampüsü)

  • Yusuf Sait TÃœRKAN

    (Ä°stanbul Ãœniversitesi CerrahpaÅŸa)

Abstract

Solar energy systems have an important place in renewable energy systems. In Turkey, which has a sunny weather most of the year, many companies invest in solar energy systems both for reducing energy costs and for a sustainable world. The decision invest in these systems often requires consideration of many criteria. This study includes the evaluation of alternative solar energy system investments in a company. In the study, first the decision criteria were determined and then the company's current energy system and two different solar energy system investments were compared with the Fuzzy TOPSIS method. The findings obtained in this application have revealed that solar energy system investments provide significant advantages to meet the company's energy, and will also contribute to the reduction of greenhouse gas emission.

Suggested Citation

  • Murat Burak KURT & Yusuf Sait TÃœRKAN, 2022. "Application Of Fuzzy Topsis Method In Evaluation Of Solar Energy System Investment Alternatives," Eurasian Academy Of Sciences Social Sciences Journal, Eurasian Academy Of Sciences, vol. 45(45), pages 160-174, March.
    • Handle: RePEc:eas:journl:v:45:y:2022:i:45:p:160-174
    DOI: 10.17740/eas.soc.2022.V45-11
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