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IT2 Fuzzy-Based Multidimensional Evaluation of Coal Energy for Sustainable Economic Development

Author

Listed:
  • Ling Du

    (College of Economics and Management, South China Agricultural University, Guangzhou 510642, China)

  • Hasan Dinçer

    (School of Business, Istanbul Medipol University, 34810 Istanbul, Turkey)

  • İrfan Ersin

    (School of Business, Istanbul Medipol University, 34810 Istanbul, Turkey)

  • Serhat Yüksel

    (School of Business, Istanbul Medipol University, 34810 Istanbul, Turkey)

Abstract

The aim of this study is to determine the impact of coal energy on the economic development of countries. For this purpose, similar studies in the literature have been examined and nine different criteria have been determined for three dimensions affecting the use of coal energy. In order to determine the most important factors, an analysis is performed with IT2 fuzzy DANP method. The most important contribution of this study to the literature is that a proposal can be made for the use of coal energy by considering both positive and negative opinions related to this energy. On the other hand, IT2 fuzzy DANP method has been taken into consideration in this study for the first-time regarding coal energy and it is believed that methodological originality has been achieved. It is identified that social factors have the most importance in the use of coal energy. In this context, environmental pollution, health problems and demographic factors resulting from the use of coal energy should be taken into consideration in the use of this energy. Thus, problems arising from the use of coal energy far outweigh the economic benefits of using this energy. Therefore, factors that may prevent air pollution, such as carbon capture technology, should be considered in the use of coal energy. In addition, the use of high-quality coal will contribute to the reduction of the problems caused with this energy. In addition, investing in renewable energy sources that do not have negative impacts on the environment is also important for the sustainability of future energy policies.

Suggested Citation

  • Ling Du & Hasan Dinçer & İrfan Ersin & Serhat Yüksel, 2020. "IT2 Fuzzy-Based Multidimensional Evaluation of Coal Energy for Sustainable Economic Development," Energies, MDPI, vol. 13(10), pages 1-21, May.
    • Handle: RePEc:gam:jeners:v:13:y:2020:i:10:p:2453-:d:357619
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    References listed on IDEAS

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    Cited by:

    1. Gang Kou & Özlem Olgu Akdeniz & Hasan Dinçer & Serhat Yüksel, 2021. "Fintech investments in European banks: a hybrid IT2 fuzzy multidimensional decision-making approach," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-28, December.
    2. Sun, Liangliang & Peng, Jiayu & Dinçer, Hasan & Yüksel, Serhat, 2022. "Coalition-oriented strategic selection of renewable energy system alternatives using q-ROF DEMATEL with golden cut," Energy, Elsevier, vol. 256(C).
    3. Gang Kou & Serhat Yüksel & Hasan Dinçer & Mohammed A.Hefni, 2024. "Integrated approach for sustainable development and investment goals: analyzing environmental issues in European economies," Annals of Operations Research, Springer, vol. 342(1), pages 429-475, November.
    4. Yiqing Zhao & Renata Korsakienė & Hasan Dinçer & Serhat Yüksel, 2022. "Identifying Significant Points of Energy Culture for Developing Sustainable Energy Investments," SAGE Open, , vol. 12(1), pages 21582440221, March.
    5. Yujing Xiang & Qinli Zhang & Daolin Wang & Shihai Wu, 2022. "Mining Investment Risk Assessment for Nations along the Belt and Road Initiative," Land, MDPI, vol. 11(8), pages 1-20, August.
    6. Mukhtarov, Shahriyar & Yüksel, Serhat & Dinçer, Hasan, 2022. "The impact of financial development on renewable energy consumption: Evidence from Turkey," Renewable Energy, Elsevier, vol. 187(C), pages 169-176.
    7. Niu, Xiaoqin & Yüksel, Serhat & Dinçer, Hasan, 2023. "Emission strategy selection for the circular economy-based production investments with the enhanced decision support system," Energy, Elsevier, vol. 274(C).
    8. Zhou, Pengfei & Luo, Jie & Cheng, Fei & Yüksel, Serhat & Dinçer, Hasan, 2021. "Analysis of risk priorities for renewable energy investment projects using a hybrid IT2 hesitant fuzzy decision-making approach with alpha cuts," Energy, Elsevier, vol. 224(C).

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