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Selecting The Right Photovoltaic System Using The Entropy Method

Author

Listed:
  • George Sebastian NAGHIU
  • Gheorghe BADEA
  • Ioan ASCHILEAN
  • Ioan GIURCA

Abstract

The production of renewable energy using the concentrated solar radiation is a field of high scientific level worldwide, while in Romania the research in this field is only in its early stages. In this paper, in order to select the type of photovoltaic system, we suggested the use of multi-criteria methods, where the utilities are determined based on the Neumann-Morgenstern utility theorem, and the importance coefficients are determined based on the Entropy method. According to the elaborated study, we recommend the implementation into practice of the alternative A3, namely the technical solution involving concentrator photovoltaic panels with dual-axis tracker. The conclusions of this study are useful both for the designers of photovoltaic systems as well as for the potential beneficiaries of photovoltaic systems. Obviously, this method can also be used in case of other investment projects from related fields.

Suggested Citation

  • George Sebastian NAGHIU & Gheorghe BADEA & Ioan ASCHILEAN & Ioan GIURCA, 2015. "Selecting The Right Photovoltaic System Using The Entropy Method," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(1), pages 976-989, November.
    • Handle: RePEc:rom:mancon:v:9:y:2015:i:1:p:976-989
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    File URL: https://conference.management.ase.ro/archives/2015/pdf/104.pdf
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    References listed on IDEAS

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    1. Ioan GIURCA & Ioan A?CHILEAN & C?lin Ovidiu SAFIRESCU & Dan MURE?AN, 2014. "Choosing Photovoltaic Panels Using The Promethee Method," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(1), pages 1087-1098, November.
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    Cited by:

    1. Gheorghe Badea & Raluca-Andreea Felseghi & Mihai Varlam & Constantin Filote & Mihai Culcer & Mariana Iliescu & Maria Simona Răboacă, 2018. "Design and Simulation of Romanian Solar Energy Charging Station for Electric Vehicles," Energies, MDPI, vol. 12(1), pages 1-16, December.

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