IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i4p978-d498547.html
   My bibliography  Save this article

Multi-Criteria Fuzzy Evaluation of the Planned Offshore Wind Farm Investments in Poland

Author

Listed:
  • Paweł Ziemba

    (Faculty of Economics, Finance and Management, University of Szczecin, Cukrowa 8, 71-004 Szczecin, Poland)

Abstract

In recent years, the dynamic development of renewable energy has been visible all over the world, including Poland. Wind energy is one of the most used renewable energy sources. In Poland, by 2030, it is planned to commission at least six offshore wind farms with a total capacity of 3.8 GW. It is estimated that these investments will increase Poland’s GDP by approximately PLN 60 billion and increase tax revenues by PLN 15 billion. Therefore, they could be a strong stimulus for the development of the Polish economy and may be of great importance in recovering from the crisis caused by the economic constraints related to the COVID-19 pandemic. The aim of the article is a multi-criteria evaluation of the investments planned in Poland in offshore wind farms and identification of potentially the most economically effective investments. To account for the uncertainty in this decision problem, a modified fuzzy Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) method was used and a comprehensive sensitivity analysis was performed. As a result of the research, a ranking of the considered projects was constructed and the most preferred investments were identified. Moreover, it has been shown that all the investments considered are justified and recommended.

Suggested Citation

  • Paweł Ziemba, 2021. "Multi-Criteria Fuzzy Evaluation of the Planned Offshore Wind Farm Investments in Poland," Energies, MDPI, vol. 14(4), pages 1-19, February.
  • Handle: RePEc:gam:jeners:v:14:y:2021:i:4:p:978-:d:498547
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/4/978/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/14/4/978/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kesra Nermend, 2017. "The Implementation of Cognitive Neuroscience Techniques for Fatigue Evaluation in Participants of the Decision-Making Process," Springer Proceedings in Business and Economics, in: Kesra Nermend & Małgorzata Łatuszyńska (ed.), Neuroeconomic and Behavioral Aspects of Decision Making, chapter 0, pages 329-339, Springer.
    2. Dedecca, João Gorenstein & Hakvoort, Rudi A. & Ortt, J. Roland, 2016. "Market strategies for offshore wind in Europe: A development and diffusion perspective," Renewable and Sustainable Energy Reviews, Elsevier, vol. 66(C), pages 286-296.
    3. Jarosław Brodny & Magdalena Tutak & Saqib Ahmad Saki, 2020. "Forecasting the Structure of Energy Production from Renewable Energy Sources and Biofuels in Poland," Energies, MDPI, vol. 13(10), pages 1-31, May.
    4. Deveci, Muhammet & Cali, Umit & Kucuksari, Sadik & Erdogan, Nuh, 2020. "Interval type-2 fuzzy sets based multi-criteria decision-making model for offshore wind farm development in Ireland," Energy, Elsevier, vol. 198(C).
    5. Józef Paska & Tomasz Surma & Paweł Terlikowski & Krzysztof Zagrajek, 2020. "Electricity Generation from Renewable Energy Sources in Poland as a Part of Commitment to the Polish and EU Energy Policy," Energies, MDPI, vol. 13(16), pages 1-31, August.
    6. Mateusz Piwowarski & Danuta Miłaszewicz & Małgorzata Łatuszyńska & Mariusz Borawski & Kesra Nermend, 2018. "Application of the Vector Measure Construction Method and Technique for Order Preference by Similarity Ideal Solution for the Analysis of the Dynamics of Changes in the Poverty Levels in the European ," Sustainability, MDPI, vol. 10(8), pages 1-24, August.
    7. Chen, Chen-Tung & Lin, Ching-Torng & Huang, Sue-Fn, 2006. "A fuzzy approach for supplier evaluation and selection in supply chain management," International Journal of Production Economics, Elsevier, vol. 102(2), pages 289-301, August.
    8. Gao, Jianwei & Guo, Fengjia & Ma, Zeyang & Huang, Xin & Li, Xiangzhen, 2020. "Multi-criteria group decision-making framework for offshore wind farm site selection based on the intuitionistic linguistic aggregation operators," Energy, Elsevier, vol. 204(C).
    9. Paweł Ziemba, 2019. "Towards Strong Sustainability Management—A Generalized PROSA Method," Sustainability, MDPI, vol. 11(6), pages 1-29, March.
    10. Paweł Ziemba, 2020. "Multi-Criteria Stochastic Selection of Electric Vehicles for the Sustainable Development of Local Government and State Administration Units in Poland," Energies, MDPI, vol. 13(23), pages 1-19, November.
    11. Shokrzadeh, Shahab & Jafari Jozani, Mohammad & Bibeau, Eric & Molinski, Tom, 2015. "A statistical algorithm for predicting the energy storage capacity for baseload wind power generation in the future electric grids," Energy, Elsevier, vol. 89(C), pages 793-802.
    12. Paweł Ziemba, 2019. "Inter-Criteria Dependencies-Based Decision Support in the Sustainable wind Energy Management," Energies, MDPI, vol. 12(4), pages 1-29, February.
    13. Paska, Józef & Surma, Tomasz, 2014. "Electricity generation from renewable energy sources in Poland," Renewable Energy, Elsevier, vol. 71(C), pages 286-294.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kamali Saraji, Mahyar & Aliasgari, Elahe & Streimikiene, Dalia, 2023. "Assessment of the challenges to renewable energy technologies adoption in rural areas: A Fermatean CRITIC-VIKOR approach," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    2. Indre Siksnelyte-Butkiene, 2021. "Impact of the COVID-19 Pandemic to the Sustainability of the Energy Sector," Sustainability, MDPI, vol. 13(23), pages 1-19, November.
    3. Liang Cui & Ye Xu & Ling Xu & Guohe Huang, 2021. "Wind Farm Location Special Optimization Based on Grid GIS and Choquet Fuzzy Integral Method in Dalian City, China," Energies, MDPI, vol. 14(9), pages 1-13, April.
    4. Paweł Ziemba & Aneta Becker & Jarosław Becker, 2022. "Models and Indices of Sustainability Assessment in the Energy Context," Energies, MDPI, vol. 15(24), pages 1-22, December.
    5. Paweł Ziemba, 2021. "Selection of Electric Vehicles for the Needs of Sustainable Transport under Conditions of Uncertainty—A Comparative Study on Fuzzy MCDA Methods," Energies, MDPI, vol. 14(22), pages 1-25, November.
    6. Ziemba, Paweł, 2022. "Uncertain Multi-Criteria analysis of offshore wind farms projects investments – Case study of the Polish Economic Zone of the Baltic Sea," Applied Energy, Elsevier, vol. 309(C).
    7. Ivana Racetin & Nives Ostojić Škomrlj & Marina Peko & Mladen Zrinjski, 2023. "Fuzzy Multi-Criteria Decision for Geoinformation System-Based Offshore Wind Farm Positioning in Croatia," Energies, MDPI, vol. 16(13), pages 1-18, June.
    8. Paweł Ziemba, 2022. "Energy Security Assessment Based on a New Dynamic Multi-Criteria Decision-Making Framework," Energies, MDPI, vol. 15(24), pages 1-18, December.
    9. Paweł Ziemba & Aneta Becker & Jarosław Becker, 2021. "Forecasting and Assessment of the Energy Security Risk in Fuzzy Environment," Energies, MDPI, vol. 14(18), pages 1-20, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ziemba, Paweł, 2022. "Uncertain Multi-Criteria analysis of offshore wind farms projects investments – Case study of the Polish Economic Zone of the Baltic Sea," Applied Energy, Elsevier, vol. 309(C).
    2. Paweł Ziemba, 2021. "Selection of Electric Vehicles for the Needs of Sustainable Transport under Conditions of Uncertainty—A Comparative Study on Fuzzy MCDA Methods," Energies, MDPI, vol. 14(22), pages 1-25, November.
    3. Bartłomiej Kizielewicz & Jarosław Wątróbski & Wojciech Sałabun, 2020. "Identification of Relevant Criteria Set in the MCDA Process—Wind Farm Location Case Study," Energies, MDPI, vol. 13(24), pages 1-40, December.
    4. Paweł Ziemba & Aneta Becker & Jarosław Becker, 2021. "Forecasting and Assessment of the Energy Security Risk in Fuzzy Environment," Energies, MDPI, vol. 14(18), pages 1-20, September.
    5. Paweł Ziemba & Mateusz Piwowarski & Kesra Nermend, 2023. "Remote Work in Post-Pandemic Reality—Multi-Criteria Evaluation of Teleconferencing Software," Sustainability, MDPI, vol. 15(13), pages 1-20, June.
    6. Sylwia Mrozowska & Jan A. Wendt & Krzysztof Tomaszewski, 2021. "The Challenges of Poland’s Energy Transition," Energies, MDPI, vol. 14(23), pages 1-22, December.
    7. Qigan Shao & Sung-Shun Weng & James J.H. Liou & Huai-Wei Lo & Hongbo Jiang, 2019. "Developing A Sustainable Urban-Environmental Quality Evaluation System in China Based on A Hybrid Model," IJERPH, MDPI, vol. 16(8), pages 1-25, April.
    8. Uma Shankar Singh & Małgorzata Rutkowska & Paweł Bartoszczuk, 2022. "Renewable Energy Decision Criteria on Green Consumer Values Comparing Poland and India Aligned with Environment Policy for Sustainable Development," Energies, MDPI, vol. 15(14), pages 1-26, July.
    9. Paweł Ziemba, 2020. "Multi-Criteria Stochastic Selection of Electric Vehicles for the Sustainable Development of Local Government and State Administration Units in Poland," Energies, MDPI, vol. 13(23), pages 1-19, November.
    10. Daniel Zbroński & Henryk Otwinowski & Aleksandra Górecka-Zbrońska & Dariusz Urbaniak & Tomasz Wyleciał, 2023. "Analysis of Changes in Electricity Generation from Renewable Energy Sources after Poland’s Accession to Structures of the European Union," Energies, MDPI, vol. 16(12), pages 1-16, June.
    11. María Carmen Carnero, 2020. "Fuzzy TOPSIS Model for Assessment of Environmental Sustainability: A Case Study with Patient Judgements," Mathematics, MDPI, vol. 8(11), pages 1-43, November.
    12. Paweł Ziemba, 2019. "Inter-Criteria Dependencies-Based Decision Support in the Sustainable wind Energy Management," Energies, MDPI, vol. 12(4), pages 1-29, February.
    13. Ryszard Dachowski & Katarzyna Gałek, 2020. "Selection of the Best Method for Underpinning Foundations Using the PROMETHEE II Method," Sustainability, MDPI, vol. 12(13), pages 1-10, July.
    14. Andrii Shekhovtsov & Volodymyr Kozlov & Viktor Nosov & Wojciech Sałabun, 2020. "Efficiency of Methods for Determining the Relevance of Criteria in Sustainable Transport Problems: A Comparative Case Study," Sustainability, MDPI, vol. 12(19), pages 1-23, September.
    15. Paweł Ziemba & Izabela Gago, 2022. "Compromise Multi-Criteria Selection of E-Scooters for the Vehicle Sharing System in Poland," Energies, MDPI, vol. 15(14), pages 1-26, July.
    16. Jaros{l}aw Wk{a}tr'obski & Aleksandra Bk{a}czkiewicz & Iga Rudawska, 2023. "A Strong Sustainability Paradigm Based Analytical Hierarchy Process (SSP-AHP) Method to Evaluate Sustainable Healthcare Systems," Papers 2306.00718, arXiv.org.
    17. Mateusz Piwowarski & Mariusz Borawski & Kesra Nermend, 2021. "The Problem of Non-Typical Objects in the Multidimensional Comparative Analysis of the Level of Renewable Energy Development," Energies, MDPI, vol. 14(18), pages 1-24, September.
    18. Wojciech Sałabun & Krzysztof Palczewski & Jarosław Wątróbski, 2019. "Multicriteria Approach to Sustainable Transport Evaluation under Incomplete Knowledge: Electric Bikes Case Study," Sustainability, MDPI, vol. 11(12), pages 1-19, June.
    19. B. Igliński & M. Skrzatek & W. Kujawski & M. Cichosz & R. Buczkowski, 2022. "SWOT analysis of renewable energy sector in Mazowieckie Voivodeship (Poland): current progress, prospects and policy implications," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(1), pages 77-111, January.
    20. Robert Ulewicz & Dominika Siwiec & Andrzej Pacana & Magdalena Tutak & Jarosław Brodny, 2021. "Multi-Criteria Method for the Selection of Renewable Energy Sources in the Polish Industrial Sector," Energies, MDPI, vol. 14(9), pages 1-30, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:14:y:2021:i:4:p:978-:d:498547. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.