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Abstract
The paper presents the selected problems of decision making modelling in power engineering specially investment risk evaluation methods. The proposed model can be used in the range programming the development and investing process in power engineering. Decision making problems in power engineering and the evaluation of investment effectiveness in particular are closely related to modelling which relatively accurately reflects the complexity of market economy mechanisms. In order to analyze the phenomena mentioned above, models of existing processes, which are later used to achieve a set goal during decision making in a real situation, are applied. Its mathematical representation is a formalization of a model of a decision making task. A significant task in the whole process is to design a mathematical model, optimized by means of a goal function, whose arguments are decision variables meeting defined boundary conditions. Descriptions of decision making processes show that variables usually have non-negative values. Also the economic environment influences the quality of modelling. The dynamics of events causes that models of decision making processes can be analyzed. An attempt to take into account the influence of the factors mentioned above on the modelling of decision making in power engineering is presented in this paper.
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- Category:
- Articles
- Type:
- artykuły w czasopismach
- Published in:
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Sustainable Energy Technologies and Assessments
no. 45,
pages 101054 - 7,
ISSN: 2213-1388 - Language:
- English
- Publication year:
- 2021
- Bibliographic description:
- Kamrat W.: Selected problems of decision making modelling in power engineering// Sustainable Energy Technologies and Assessments -Vol. 45, (2021), s.101054-7
- DOI:
- Digital Object Identifier (open in new tab) 10.1016/j.seta.2021.101054
- Verified by:
- Gdańsk University of Technology
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