Publication:
A Multicriteria Decision-Making Model for the Selection of Suitable Renewable Energy Sources

datacite.subject.fos oecd::Social sciences::Economics and Business
dc.contributor.author Chia-Nan Wang
dc.contributor.author Jui-Chung Kao
dc.contributor.author Yen-Hui Wang
dc.contributor.author Van Thanh Nguyen
dc.contributor.author Viet Tinh Nguyen
dc.contributor.author Syed Tam Husain
dc.date.accessioned 2022-11-02T00:58:02Z
dc.date.available 2022-11-02T00:58:02Z
dc.date.issued 2021
dc.description.abstract With the expansion of its industrial and manufacturing sectors, with the goal of positioning Vietnam as the world’s new production hub, Vietnam is forecast to face a surge in energy demand. Today, the main source of energy of Vietnam is fossil fuels, which are not environmentally friendly and are rapidly depleting. The speed of extraction and consumption of fossil fuels is too fast, causing them to become increasingly scarce and gradually depleted. Renewable energy options, such as solar, wind, hydro electrical, and biomass, can be considered as sustainable alternatives to fossil fuels. However, to ensure the effectiveness of renewable energy development initiatives, technological, economic, and environmental must be taken in consideration when choosing a suitable renewable energy resource. In this research, the authors present a multi-criteria decision-making model (MCDM) implementing the grey analytic hierarchy process (G-AHP) method and the weighted aggregates sum product assessment (WASPAS) method for the selection of optimal renewable energy sources for the energy sector of Vietnam. The results of the proposed model have determined that solar energy is the optimal source of renewable energy with a performance score of 0.8822, followed by wind (0.8766), biomass (0.8488), and solid waste energy (0.8135) based on the calculations of the aforementioned methods.
dc.identifier.doi 10.3390/math9121318
dc.identifier.uri http://repository.vlu.edu.vn:443/handle/123456789/556
dc.language.iso en_US
dc.relation.ispartof Mathematics
dc.relation.issn 2227-7390
dc.subject "renewable energy
dc.subject wind energy
dc.subject solid waste energy
dc.subject solar energy
dc.subject biomass energy
dc.subject MCDM
dc.subject G-AHP
dc.subject WASPAS"
dc.title A Multicriteria Decision-Making Model for the Selection of Suitable Renewable Energy Sources
dc.type journal-article
dspace.entity.type Publication
oaire.citation.issue 12
oaire.citation.volume 9
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