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MULTI-CRITERIA INVESTMENT DECISION SUPPORT MODEL USING FUZZY ANALYTIC HIERARCHY PROCESS (F-AHP) METHOD FOR POWER INDUSTRY
Abstract
In this paper, the comparative analysis of two wind farm construction projects was presented. This particular type of analysis is commonly applied before purchasing investment project being in a planning phase by a company interested in its development. Conduction of this type of analysis is prompted by the necessity to take into consideration the requirements of Polish legislation. Comparison of wind farm construction projects was based on the analysis of their advancement and the priority of particular investment stages. In order to verify which stage is the most important for the implementation of the construction project, specified tasks should be performed in each particular stage. These tasks determine criteria utilized to compare wind farm construction projects. Fuzzy Analytic Hierarchy Process (F-AHP) method, that allows simultaneous prioritization of criteria in terms of quality and quantity, was applied to perform the analysis. The method demonstrates that obtaining environmental decision for wind farm area is the most important criterion. The method indicate also by which criteria project FW2 has a greater chance of implementation than FW1 project.
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- Category:
- Articles
- Type:
- artykuły w czasopismach recenzowanych i innych wydawnictwach ciągłych
- Published in:
-
Zeszyty Naukowe Wydziału Elektrotechniki i Automatyki Politechniki Gdańskiej
pages 179 - 182,
ISSN: 1425-5766 - Language:
- English
- Publication year:
- 2015
- Bibliographic description:
- Stoltmann A., Bućko P., Jaskólski M.: MULTI-CRITERIA INVESTMENT DECISION SUPPORT MODEL USING FUZZY ANALYTIC HIERARCHY PROCESS (F-AHP) METHOD FOR POWER INDUSTRY// Zeszyty Naukowe Wydziału Elektrotechniki i Automatyki Politechniki Gdańskiej. -., nr. 47 (2015), s.179-182
- Verified by:
- Gdańsk University of Technology
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