Multi-criteria decision making on strategic selection of wind farms

With maturity of advanced technologies and urgent requirement for maintaining a healthy environment with reasonable price, China is moving toward a trend of generating electricity from renewable wind resources. How to select a suitable wind farm becomes an important focus for stakeholders. This pape...

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Bibliographic Details
Published in:Renewable energy 2009, Vol.34 (1), p.120-126
Main Authors: Lee, Amy H.I., Chen, Hsing Hung, Kang, He-Yau
Format: Article
Language:English
Subjects:
Analytic hierarchy process (AHP)
Applied sciences
Benefits, opportunities, costs and risks (BOCR)
Economic data
Energy
Energy economics
Exact sciences and technology
General, economic and professional studies
Methodology. Modelling
Natural energy
Wind energy
Wind farms
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Summary:With maturity of advanced technologies and urgent requirement for maintaining a healthy environment with reasonable price, China is moving toward a trend of generating electricity from renewable wind resources. How to select a suitable wind farm becomes an important focus for stakeholders. This paper first briefly introduces wind farm and then develops its critical success criteria. A new multi-criteria decision-making (MCDM) model, based on the analytic hierarchy process (AHP) associated with benefits, opportunities, costs and risks (BOCR), is proposed to help select a suitable wind farm project. Multiple factors that affect the success of wind farm operations are analyzed by taking into account experts' opinions, and a performance ranking of the wind farms is generated.
ISSN:0960-1481
1879-0682
DOI:10.1016/j.renene.2008.04.013