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Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry

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  • Wen-Hsiang Chiu

    (Graduate Institution of Finance, National Taiwan University of Science and Technology, Taipei 10607, Taiwan)

  • Wen-Cheng Lin

    (Department of Business Administration, National Taipei University of Business, Taipei 10051, Taiwan)

  • Chun-Nan Chen

    (Graduate Institution of Finance, National Taiwan University of Science and Technology, Taipei 10607, Taiwan)

  • Nien-Ping Chen

    (Graduate Institution of Finance, National Taiwan University of Science and Technology, Taipei 10607, Taiwan)

Abstract

With global climate change and resource scarcity becoming increasingly serious issues, the green energy economy is transforming on a global scale. There are an increasing number of large-scale green energy development projects. However, these are often beset with risks; thus, this study conducted an analysis of the renewable energy risks in Taiwan using the analytical hierarchy process technique. Accordingly, a comprehensive study focusing into the current energy situation and potential development is needed. Renewable energy status and the availability by its main types, including, wind, solar, thermal, and biomass energies, were critically reviewed and discussed in this study. The findings of this study include the top 10 key operating risks recognized by specific green energy companies, as well as an assessment of which risks have been addressed and which have caused losses.

Suggested Citation

  • Wen-Hsiang Chiu & Wen-Cheng Lin & Chun-Nan Chen & Nien-Ping Chen, 2021. "Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry," Energies, MDPI, vol. 14(15), pages 1-15, July.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:15:p:4452-:d:600104
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    References listed on IDEAS

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