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Shannon entropy for energy technologies ex-ante evaluation

Author

Listed:
  • Carla Balocco
  • Daniele Verdesca

Abstract

Most of the international literature has used Shannon entropy to measure the information gap. In this paper we propose a method that uses Shannon entropy to evaluate ex-ante energy technologies in a decision making process. It was called ITEM, i.e., Information Theory Energy technology ex-ante evaluation Method. The aim was to have a suitable tool for characterising the most critical project during energy planning. The ITEM method was used to evaluate ex-ante two renewable energy scenarios: biomass energy production vs. bio fuel gasoline production. Analysis results highlight bio fuel low entropy, promoting this technology scenario from every point of view.

Suggested Citation

  • Carla Balocco & Daniele Verdesca, 2007. "Shannon entropy for energy technologies ex-ante evaluation," International Journal of Environmental Technology and Management, Inderscience Enterprises Ltd, vol. 7(1/2), pages 197-217.
    • Handle: RePEc:ids:ijetma:v:7:y:2007:i:1/2:p:197-217
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