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Adjustable Model of Renewable Energy Projects for Sustainable Development: A Case Study of the Nišava District in Serbia

Author

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  • Violeta Dimić

    (High school of Electrical Engineering “Nikola Tesla”, Aleksandra Medvedeva 18, 18000 Nis, Serbia)

  • Mimica Milošević

    (Department of Civil Engineering, Faculty of Construction Management, University “Union-Nikola Tesla”, Cara Dušana 62-64, 11000 Belgrade, Serbia)

  • Dušan Milošević

    (Department of Mathematics, Faculty of Electronic Engineering, University of Niš, Aleksandra Medvedeva 14, 18000 Nis, Serbia)

  • Dragan Stević

    (Department of Construction Management, Faculty of Technical Science, University of Priština, Knjaza Miloša 7, 38220 Kosovska Mitrovica, Serbia)

Abstract

This paper explores and ranks the key performance indicators of multi-criteria decision-making in the process of selecting renewable energy sources (RES). Different categories of factors (e.g., political, legal, technological, economic and financial, sociocultural, and physical) are crucial for the analysis of such projects. In this paper, we apply the fuzzy analytic hierarchy process (fuzzy AHP) method—a mathematical method—in order to analyze the main criteria for such projects, which include the environment, the organizational management structure, project participants, and participants’ relationship with the performance indicators. In order of ranking, the indicators are the following: time, costs, quality, monitoring the project’s sustainability, user feedback, and users’ health and safety. The aim of this paper is to point out the necessity of creating an adjustable model for renewable energy projects in order to proceed with the sustainable development of the southeast part of Serbia. This model should lead the creation process for such a project, with the aim of increasing its energy efficiency.

Suggested Citation

  • Violeta Dimić & Mimica Milošević & Dušan Milošević & Dragan Stević, 2018. "Adjustable Model of Renewable Energy Projects for Sustainable Development: A Case Study of the Nišava District in Serbia," Sustainability, MDPI, vol. 10(3), pages 1-19, March.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:3:p:775-:d:135845
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    References listed on IDEAS

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    2. Mimica R. Milošević & Dušan M. Milošević & Dragan M. Stević & Ana D. Stanojević, 2019. "Smart City: Modeling Key Indicators in Serbia Using IT2FS," Sustainability, MDPI, vol. 11(13), pages 1-28, June.
    3. Yue Meng & Haoyue Wu & Wenjing Zhao & Wenkuan Chen & Hasan Dinçer & Serhat Yüksel, 2021. "A hybrid heterogeneous Pythagorean fuzzy group decision modelling for crowdfunding development process pathways of fintech-based clean energy investment projects," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-34, December.
    4. Mimica R. Milošević & Miloš M. Nikolić & Dušan M. Milošević & Violeta Dimić, 2022. "Managing Resources Based on Influential Indicators for Sustainable Economic Development: A Case Study in Serbia," Sustainability, MDPI, vol. 14(8), pages 1-20, April.

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