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Evaluating electric power generation technologies: A multicriteria analysis based on the FITradeoff method

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  • Abreu Kang, Takanni Hannaka
  • da Costa Soares Júnior, Antônio Marques
  • de Almeida, Adiel Teixeira

Abstract

Evaluating which electric power generation technologies should comprise the electricity matrix of a country has become a worldwide issue. Multiple factors should be taken into account and issues such as those to do with social, economic and environmental aspects have to be considered in the decision process. In this paper a decision model based on the FITradeoff method is proposed in order to aid multicriteria decision making in the energy planning context. The originality of the paper comes from accommodating, in the proposed model, situations in which the available information is incomplete, when evaluating electric power generation technologies. In order to illustrate the applicability of the model, eight different electrical energy technologies that form the current Brazilian electricity matrix are evaluated under four dimensions: financial, technical, environmental and socio-economic. A sensitivity analysis was performed in order to check the robustness of the results obtained. The application of the proposed model provides information that could be used in Brazil when drawing up energy policies, thus showing the potential use of the method to solve related problems.

Suggested Citation

  • Abreu Kang, Takanni Hannaka & da Costa Soares Júnior, Antônio Marques & de Almeida, Adiel Teixeira, 2018. "Evaluating electric power generation technologies: A multicriteria analysis based on the FITradeoff method," Energy, Elsevier, vol. 165(PB), pages 10-20.
  • Handle: RePEc:eee:energy:v:165:y:2018:i:pb:p:10-20
    DOI: 10.1016/j.energy.2018.09.165
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    3. Marques, Adriana Cavalcante & Frej, Eduarda Asfora & de Almeida, Adiel Teixeira, 2022. "Multicriteria decision support for project portfolio selection with the FITradeoff method," Omega, Elsevier, vol. 111(C).
    4. Lucia Reis Peixoto Roselli & Adiel Teixeira Almeida, 2022. "Use of the Alpha-Theta Diagram as a decision neuroscience tool for analyzing holistic evaluation in decision making," Annals of Operations Research, Springer, vol. 312(2), pages 1197-1219, May.
    5. Anderson Lucas Carneiro de Lima da Silva & Ana Paula Cabral Seixas Costa & Adiel Teixeira de Almeida, 2022. "Exploring cognitive aspects of FITradeoff method using neuroscience tools," Annals of Operations Research, Springer, vol. 312(2), pages 1147-1169, May.
    6. Adiel Teixeira Almeida & Eduarda Asfora Frej & Lucia Reis Peixoto Roselli, 2021. "Combining holistic and decomposition paradigms in preference modeling with the flexibility of FITradeoff," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 29(1), pages 7-47, March.

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