Comparative analysis of multi-attribute decision making methods for the evaluation of renewable energy options

Multi-attribute decision making (MADM) methods provide a structured approach for decision making considering various criteria and subjective preferences. A range of MADM methods have been applied in the context of renewable energy. The main benefits of MADM methods are their ability to include stakeholder's interests and increase participation, to account for a broader set of sustainability criteria that go beyond cost-efficiency including environment, social, technical and economic criteria, and provide opportunities to increase energy technology acceptance. This contribution provides an overview of the most applied MADM methods in renewable energy system analysis. It offers a summary of the calculation basics, suggests a novel classification scheme of MADM methods based on their mathematical foundation, and reviews applications related to renewable energy topics. Finally, future research directions in this field are identified.

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Publication Details

Journal
IET conference proceedings.
Published
2025-02-01
DOI
https://doi.org/10.1049/icp.2024.4716
Citations
2
Primary Topic
Multi-Criteria Decision Making
Type
article
Field-Weighted Citation Impact
4.21
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article

Comparative analysis of multi-attribute decision making methods for the evaluation of renewable energy options

Tiago Pinto, José Baptista, Philipp Thunshirn
2 citations
IET conference proceedings.
Multi-Criteria Decision Making
4.21
article

Comparative analysis of multi-attribute decision making methods for the evaluation of renewable energy options

Tiago Pinto, José Baptista, Philipp Thunshirn
article en
2 citations

Abstract

Multi-attribute decision making (MADM) methods provide a structured approach for decision making considering various criteria and subjective preferences. A range of MADM methods have been applied in the context of renewable energy. The main benefits of MADM methods are their ability to include stakeholder's interests and increase participation, to account for a broader set of sustainability criteria that go beyond cost-efficiency including environment, social, technical and economic criteria, and provide opportunities to increase energy technology acceptance. This contribution provides an overview of the most applied MADM methods in renewable energy system analysis. It offers a summary of the calculation basics, suggests a novel classification scheme of MADM methods based on their mathematical foundation, and reviews applications related to renewable energy topics. Finally, future research directions in this field are identified.

IET conference proceedings.Vol. 2024(29)
University of Applied Sciences Technikum Wien (AT), University of Trás-os-Montes and Alto Douro (PT), INESC TEC (PT)
Affordable and clean energy
Openalex Percentile: Top 8%
Multi-Criteria Decision Making
4.21
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