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Combining Value-Focused Thinking and PROMETHEE Techniques for Selecting a Portfolio of Distributed Energy Generation Projects in the Brazilian Electricity Sector

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  • Mirian Bortoluzzi

    (Department of Management Engineering, Universidade Federal do Mato Grosso do Sul (UFMS), Campus de Nova Andradina, Nova Andradina 79750-000, MS, Brazil
    Programa de Pós-Graduação em Meio Ambiente e Desenvolvimento Regional, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil)

  • Marcelo Furlan

    (Department of Management Engineering, Universidade Federal do Mato Grosso do Sul (UFMS), Campus de Nova Andradina, Nova Andradina 79750-000, MS, Brazil)

  • Simone Geitenes Colombo

    (Department of Management Engineering, Universidade Federal do Mato Grosso do Sul (UFMS), Campus de Nova Andradina, Nova Andradina 79750-000, MS, Brazil
    Programa de Pós-Graduação em Meio Ambiente e Desenvolvimento Regional, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil)

  • Tatiele Martins Amaral

    (Department of Management Engineering, Universidade Federal do Mato Grosso do Sul (UFMS), Campus de Nova Andradina, Nova Andradina 79750-000, MS, Brazil)

  • Celso Correia de Souza

    (Programa de Pós-Graduação em Meio Ambiente e Desenvolvimento Regional, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil
    Programa de Pós-Graduação em Produção e Gestão Ambiental, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil)

  • José Francisco dos Reis Neto

    (Programa de Pós-Graduação em Meio Ambiente e Desenvolvimento Regional, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil
    Programa de Pós-Graduação em Produção e Gestão Ambiental, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil)

  • Josimar Fernandes de França

    (Programa de Pós-Graduação em Produção e Gestão Ambiental, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil)

Abstract

This article aims to propose a multi-criteria model to support decision-making from a portfolio in selecting technologies for Distributed Generation of Energy (DGE) projects based on the characteristics of the geographic space in Brazil. The decision model involves using multi-criteria to support the evaluation, prioritization, and selection of projects under a multistage decision-making process that fits into a strategic management cycle within the energy sector of Mato Grosso do Sul (Brazil). The over-classification techniques Preference Ranking Organization Technique for Enrichment Evaluations (PROMETHEE) II and V were applied under the Value-Focused Thinking (VFT) approach, reflecting the decision-maker or manager preferences among several conflicting criteria in the investment context of sustainable distributed energy generation projects. Based on real data, a numerical application is employed to view the steps of this decision model and illustrate the adequacy and effectiveness in practical issues of portfolio management.

Suggested Citation

  • Mirian Bortoluzzi & Marcelo Furlan & Simone Geitenes Colombo & Tatiele Martins Amaral & Celso Correia de Souza & José Francisco dos Reis Neto & Josimar Fernandes de França, 2021. "Combining Value-Focused Thinking and PROMETHEE Techniques for Selecting a Portfolio of Distributed Energy Generation Projects in the Brazilian Electricity Sector," Sustainability, MDPI, vol. 13(19), pages 1-19, October.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:19:p:11091-:d:651365
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    1. Bortoluzzi, Mirian & Furlan, Marcelo & dos Reis Neto, José Francisco, 2022. "Assessing the impact of hydropower projects in Brazil through data envelopment analysis and machine learning," Renewable Energy, Elsevier, vol. 200(C), pages 1316-1326.

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