IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v12y2024i16p2498-d1455396.html
   My bibliography  Save this article

The T-Spherical Fuzzy Einstein Interaction Operation Matrix Energy Decision-Making Approach: The Context of Vietnam Offshore Wind Energy Storage Technologies Assessment

Author

Listed:
  • Nhat-Luong Nhieu

    (College of Technology and Design, University of Economics Ho Chi Minh City, Ho Chi Minh City 70000, Vietnam)

Abstract

Fuzzy multi-criteria decision making (FMCDM) is a critical field that addresses the inherent uncertainty and imprecision in complex decision scenarios. This study tackles the significant challenge of evaluating energy storage technologies (ESTs) in Vietnam’s offshore wind sector, where traditional decision-making models often fall short due to their inability to handle fuzzy data and complex criteria interactions effectively. To overcome these limitations, the novel T-spherical fuzzy Einstein interaction operation matrix energy decision-making approach is introduced. This methodology integrates T-spherical fuzzy sets with matrix energy concepts and Einstein interaction operations, thereby eliminating the need for traditional aggregation processes and criteria weight determinations. My approach provides a structured evaluation of ESTs, highlighting that hydrogen storage, among others, demonstrates significant potential for high energy capacity and long-term storage. The findings not only underscore the robustness of this new method in managing the complexities of renewable energy assessment but also offer a comprehensive tool for selecting the most suitable ESTs to support Vietnam’s energy transition strategies. This study recognizes limitations related to data dependency, which could affect the generalizability of the results. Future research is suggested to expand the ESTs considered and integrate extensive real-world operational data, aiming to deepen the exploration of economic impacts and long-term viability of these technologies. This revised approach emphasizes both the challenge of evaluating ESTs under uncertain conditions and my innovative solution, enhancing the relevance and applicability of the findings.

Suggested Citation

  • Nhat-Luong Nhieu, 2024. "The T-Spherical Fuzzy Einstein Interaction Operation Matrix Energy Decision-Making Approach: The Context of Vietnam Offshore Wind Energy Storage Technologies Assessment," Mathematics, MDPI, vol. 12(16), pages 1-25, August.
  • Handle: RePEc:gam:jmathe:v:12:y:2024:i:16:p:2498-:d:1455396
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/12/16/2498/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2227-7390/12/16/2498/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. R. E. Bellman & L. A. Zadeh, 1970. "Decision-Making in a Fuzzy Environment," Management Science, INFORMS, vol. 17(4), pages 141-164, December.
    2. Cosgrove, Paul & Roulstone, Tony & Zachary, Stan, 2023. "Intermittency and periodicity in net-zero renewable energy systems with storage," Renewable Energy, Elsevier, vol. 212(C), pages 299-307.
    3. Tung Nguyen Thanh & Phap Vu Minh & Kien Duong Trung & Tuan Do Anh, 2021. "Study on Performance of Rooftop Solar Power Generation Combined with Battery Storage at Office Building in Northeast Region, Vietnam," Sustainability, MDPI, vol. 13(19), pages 1-15, October.
    4. Shouzhen Zeng & Muhammad Munir & Tahir Mahmood & Muhammad Naeem, 2020. "Some T-Spherical Fuzzy Einstein Interactive Aggregation Operators and Their Application to Selection of Photovoltaic Cells," Mathematical Problems in Engineering, Hindawi, vol. 2020, pages 1-16, June.
    Full references (including those not matched with items on IDEAS)

    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. Vuciterna, Rina & Thomsen, Michael & Popp, Jennie & Musliu, Arben, 2017. "Efficiency and Competitiveness of Kosovo Raspberry Producers," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252770, Southern Agricultural Economics Association.
    2. Berna Tektas Sivrikaya & Ferhan Cebi & Hasan Hüseyin Turan & Nihat Kasap & Dursun Delen, 2017. "A fuzzy long-term investment planning model for a GenCo in a hybrid electricity market considering climate change impacts," Information Systems Frontiers, Springer, vol. 19(5), pages 975-991, October.
    3. Collan, Mikael, 2008. "New Method for Real Option Valuation Using Fuzzy Numbers," Working Papers 466, IAMSR, Åbo Akademi.
    4. Kim, Jong Soon & Whang, Kyu-Seung, 1998. "A tolerance approach to the fuzzy goal programming problems with unbalanced triangular membership function," European Journal of Operational Research, Elsevier, vol. 107(3), pages 614-624, June.
    5. Berna Tektaş & Hasan Hüseyin Turan & Nihat Kasap & Ferhan Çebi & Dursun Delen, 2022. "A Fuzzy Prescriptive Analytics Approach to Power Generation Capacity Planning," Energies, MDPI, vol. 15(9), pages 1-26, April.
    6. Chen, Lisa Y. & Wang, Tien-Chin, 2009. "Optimizing partners' choice in IS/IT outsourcing projects: The strategic decision of fuzzy VIKOR," International Journal of Production Economics, Elsevier, vol. 120(1), pages 233-242, July.
    7. Víctor G. Alfaro-García & Anna M. Gil-Lafuente & Gerardo G. Alfaro Calderón, 2017. "A fuzzy approach to a municipality grouping model towards creation of synergies," Computational and Mathematical Organization Theory, Springer, vol. 23(3), pages 391-408, September.
    8. Aghayi, Nazila & Maleki, Bentolhoda, 2016. "Efficiency measurement of DMUs with undesirable outputs under uncertainty based on the directional distance function: Application on bank industry," Energy, Elsevier, vol. 112(C), pages 376-387.
    9. Wenyao Niu & Yuan Rong & Liying Yu & Lu Huang, 2022. "A Novel Hybrid Group Decision Making Approach Based on EDAS and Regret Theory under a Fermatean Cubic Fuzzy Environment," Mathematics, MDPI, vol. 10(17), pages 1-30, August.
    10. de Andres-Sanchez, Jorge, 2007. "Claim reserving with fuzzy regression and Taylor's geometric separation method," Insurance: Mathematics and Economics, Elsevier, vol. 40(1), pages 145-163, January.
    11. Mikhailov, L., 2004. "A fuzzy approach to deriving priorities from interval pairwise comparison judgements," European Journal of Operational Research, Elsevier, vol. 159(3), pages 687-704, December.
    12. Hongyi Sun & Bingqian Zhang & Wenbin Ni, 2022. "A Hybrid Model Based on SEM and Fuzzy TOPSIS for Supplier Selection," Mathematics, MDPI, vol. 10(19), pages 1-19, September.
    13. Liu, Yong-Jun & Zhang, Wei-Guo, 2015. "A multi-period fuzzy portfolio optimization model with minimum transaction lots," European Journal of Operational Research, Elsevier, vol. 242(3), pages 933-941.
    14. Kowsar, Abu & Hassan, Mahedi & Rana, Md Tasnim & Haque, Nawshad & Faruque, Md Hasan & Ahsan, Saifuddin & Alam, Firoz, 2023. "Optimization and techno-economic assessment of 50 MW floating solar power plant on Hakaluki marsh land in Bangladesh," Renewable Energy, Elsevier, vol. 216(C).
    15. Sakawa, Masatoshi & Kato, Kosuke, 1998. "An interactive fuzzy satisficing method for structured multiobjective linear fractional programs with fuzzy numbers," European Journal of Operational Research, Elsevier, vol. 107(3), pages 575-589, June.
    16. Sajid Ali & Sang-Moon Lee & Choon-Man Jang, 2017. "Determination of the Most Optimal On-Shore Wind Farm Site Location Using a GIS-MCDM Methodology: Evaluating the Case of South Korea," Energies, MDPI, vol. 10(12), pages 1-22, December.
    17. David Opresnik & Maurizio Fiasché & Marco Taisch & Manuel Hirsch, 0. "An evolving fuzzy inference system for extraction of rule set for planning a product–service strategy," Information Technology and Management, Springer, vol. 0, pages 1-17.
    18. Bogdana Stanojević & Milan Stanojević & Sorin Nădăban, 2021. "Reinstatement of the Extension Principle in Approaching Mathematical Programming with Fuzzy Numbers," Mathematics, MDPI, vol. 9(11), pages 1-16, June.
    19. Svajone Bekesiene & Serhii Mashchenko, 2023. "On Nash Equilibria in a Finite Game for Fuzzy Sets of Strategies," Mathematics, MDPI, vol. 11(22), pages 1-12, November.
    20. V. Alpagut Yavuz, 2016. "An Analysis of Job Change Decision Using a Hybrid Mcdm Method: A Comparative Analysis," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 6(3), pages 60-75, March.

    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:jmathe:v:12:y:2024:i:16:p:2498-:d:1455396. 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.