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Risk identification on hydropower project using the IAHP and extension of TOPSIS methods under interval-valued fuzzy environment

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  • Sherong Zhang
  • Bo Sun
  • Lei Yan
  • Chao Wang

Abstract

Risk identification on hydropower project, the first step of risk management process, is an extremely complex issue and has a significant impact on the efficiency of the following risk assessment and control. On the other hand, finding out some more possible risk factors among many risk ones is a multi-criteria decision making problem. This paper develops an evaluation model based on the interval analytic hierarchy process (IAHP) and extension of technique for order preference by similarity to ideal solution (TOPSIS), to identify exactly the more possible risk factors under a complex and fuzzy environment. In this paper, the IAHP is used to analyze the structure of risk identification problems in hydropower project and to determine weights of the criteria and decision makers, and extension of TOPSIS method with interval data is used to obtain final ranking of potential risk factors in hydropower project. Risk identification on an earth dam is conducted to illustrate the utilization of the model proposed in this paper. The application could be interpreted as demonstrating the effectiveness and feasibility of the proposed model. Copyright Springer Science+Business Media B.V. 2013

Suggested Citation

  • Sherong Zhang & Bo Sun & Lei Yan & Chao Wang, 2013. "Risk identification on hydropower project using the IAHP and extension of TOPSIS methods under interval-valued fuzzy environment," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 65(1), pages 359-373, January.
    • Handle: RePEc:spr:nathaz:v:65:y:2013:i:1:p:359-373
    DOI: 10.1007/s11069-012-0367-2
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    References listed on IDEAS

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    Cited by:

    1. Crispim, José & Fernandes, Jorge & Rego, Nazaré, 2020. "Customized risk assessment in military shipbuilding," Reliability Engineering and System Safety, Elsevier, vol. 197(C).
    2. Yucesan, Melih & Kahraman, Gökhan, 2019. "Risk evaluation and prevention in hydropower plant operations: A model based on Pythagorean fuzzy AHP," Energy Policy, Elsevier, vol. 126(C), pages 343-351.
    3. Tseng, Ming-Lang & Wu, Kuo-Jui & Hu, Jiayao & Wang, Chin-Hsin, 2018. "Decision-making model for sustainable supply chain finance under uncertainties," International Journal of Production Economics, Elsevier, vol. 205(C), pages 30-36.
    4. Weiyao Tang & Zongmin Li & Yan Tu, 2018. "Sustainability Risk Evaluation for Large-Scale Hydropower Projects with Hybrid Uncertainty," Sustainability, MDPI, vol. 10(1), pages 1-19, January.
    5. Anuja Shaktawat & Shelly Vadhera, 2021. "Risk management of hydropower projects for sustainable development: a review," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(1), pages 45-76, January.
    6. Sherong Zhang & Yaosheng Tan, 2014. "Risk assessment of earth dam overtopping and its application research," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 74(2), pages 717-736, November.
    7. Xu, Ye & Li, Ye & Zheng, Lijun & Cui, Liang & Li, Sha & Li, Wei & Cai, Yanpeng, 2020. "Site selection of wind farms using GIS and multi-criteria decision making method in Wafangdian, China," Energy, Elsevier, vol. 207(C).
    8. Lin, Song-Shun & Shen, Shui-Long & Zhou, Annan & Xu, Ye-Shuang, 2021. "Novel model for risk identification during karst excavation," Reliability Engineering and System Safety, Elsevier, vol. 209(C).
    9. Yantao Zhu & Xinqiang Niu & Chongshi Gu & Dashan Yang & Qiang Sun & E. Fernandez Rodriguez, 2020. "Using the DEMATEL-VIKOR Method in Dam Failure Path Identification," IJERPH, MDPI, vol. 17(5), pages 1-21, February.
    10. Jun Dong & Huijuan Huo & Dongran Liu & Rong Li, 2017. "Evaluating the Comprehensive Performance of Demand Response for Commercial Customers by Applying Combination Weighting Techniques and Fuzzy VIKOR Approach," Sustainability, MDPI, vol. 9(8), pages 1-32, July.
    11. Ryszard Pukala & Nadezda Kirillova & Alexey Dorozhkin, 2021. "Insurance Instruments in Estimating the Cost Energy Assets with Renewable Energy Sources," Energies, MDPI, vol. 14(12), pages 1-17, June.

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