A Hybrid Model to Explore the Barriers to Enterprise Energy Storage System Adoption
Using green energy is an important way for businesses to achieve their ESG goals and ensure sustainable operations. Currently, however, green energy is not a stable source of power, and this instability poses certain risks to normal business operations and manufacturing processes. The installation o...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2023-10-01
|
| Series: | Mathematics |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7390/11/19/4223 |
| _version_ | 1827722404729716736 |
|---|---|
| author | James J. H. Liou Peace Y. L. Liu Sun-Weng Huang |
| author_facet | James J. H. Liou Peace Y. L. Liu Sun-Weng Huang |
| author_sort | James J. H. Liou |
| collection | DOAJ |
| description | Using green energy is an important way for businesses to achieve their ESG goals and ensure sustainable operations. Currently, however, green energy is not a stable source of power, and this instability poses certain risks to normal business operations and manufacturing processes. The installation of energy storage equipment has become an indispensable accompaniment to facilitating green energy use for an enterprise. However, businesses may encounter significant barriers during the process of installing energy storage equipment. This study aims to explore and discern the key barrier factors that influence the assessment and decision-making process of installing energy storage equipment. A hybrid approach combining the Decision-making and Trial Evaluation Laboratory (DEMATEL) and Interpretive Structural Modeling (ISM) is developed to explore the causality relationships and degrees of influence among these key factors. The Z-number and Rough Dombi Weighted Geometric Averaging (RDWGA) methods are also utilized to integrate the experts’ varied opinions and uncertain judgements. Finally, recommendations are provided based on the results to assist businesses to make informed decisions while evaluating the installation of energy storage equipment, to ensure a stable and uninterrupted supply of green energy for use in normal operations. |
| first_indexed | 2024-03-10T21:39:36Z |
| format | Article |
| id | doaj.art-3fd09d4e982e4b129462567b9e258a6f |
| institution | Directory Open Access Journal |
| issn | 2227-7390 |
| language | English |
| last_indexed | 2024-03-10T21:39:36Z |
| publishDate | 2023-10-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Mathematics |
| spelling | doaj.art-3fd09d4e982e4b129462567b9e258a6f2023-11-19T14:45:03ZengMDPI AGMathematics2227-73902023-10-011119422310.3390/math11194223A Hybrid Model to Explore the Barriers to Enterprise Energy Storage System AdoptionJames J. H. Liou0Peace Y. L. Liu1Sun-Weng Huang2Department of Industrial Engineering and Management, National Taipei University of Technology, Taipei 106344, TaiwanDepartment of Industrial Engineering and Management, National Taipei University of Technology, Taipei 106344, TaiwanDepartment of Industrial Engineering and Management, National Taipei University of Technology, Taipei 106344, TaiwanUsing green energy is an important way for businesses to achieve their ESG goals and ensure sustainable operations. Currently, however, green energy is not a stable source of power, and this instability poses certain risks to normal business operations and manufacturing processes. The installation of energy storage equipment has become an indispensable accompaniment to facilitating green energy use for an enterprise. However, businesses may encounter significant barriers during the process of installing energy storage equipment. This study aims to explore and discern the key barrier factors that influence the assessment and decision-making process of installing energy storage equipment. A hybrid approach combining the Decision-making and Trial Evaluation Laboratory (DEMATEL) and Interpretive Structural Modeling (ISM) is developed to explore the causality relationships and degrees of influence among these key factors. The Z-number and Rough Dombi Weighted Geometric Averaging (RDWGA) methods are also utilized to integrate the experts’ varied opinions and uncertain judgements. Finally, recommendations are provided based on the results to assist businesses to make informed decisions while evaluating the installation of energy storage equipment, to ensure a stable and uninterrupted supply of green energy for use in normal operations.https://www.mdpi.com/2227-7390/11/19/4223corporate energy storage systemESGsustainabilityMCDMDEMATELISM |
| spellingShingle | James J. H. Liou Peace Y. L. Liu Sun-Weng Huang A Hybrid Model to Explore the Barriers to Enterprise Energy Storage System Adoption Mathematics corporate energy storage system ESG sustainability MCDM DEMATEL ISM |
| title | A Hybrid Model to Explore the Barriers to Enterprise Energy Storage System Adoption |
| title_full | A Hybrid Model to Explore the Barriers to Enterprise Energy Storage System Adoption |
| title_fullStr | A Hybrid Model to Explore the Barriers to Enterprise Energy Storage System Adoption |
| title_full_unstemmed | A Hybrid Model to Explore the Barriers to Enterprise Energy Storage System Adoption |
| title_short | A Hybrid Model to Explore the Barriers to Enterprise Energy Storage System Adoption |
| title_sort | hybrid model to explore the barriers to enterprise energy storage system adoption |
| topic | corporate energy storage system ESG sustainability MCDM DEMATEL ISM |
| url | https://www.mdpi.com/2227-7390/11/19/4223 |
| work_keys_str_mv | AT jamesjhliou ahybridmodeltoexplorethebarrierstoenterpriseenergystoragesystemadoption AT peaceylliu ahybridmodeltoexplorethebarrierstoenterpriseenergystoragesystemadoption AT sunwenghuang ahybridmodeltoexplorethebarrierstoenterpriseenergystoragesystemadoption AT jamesjhliou hybridmodeltoexplorethebarrierstoenterpriseenergystoragesystemadoption AT peaceylliu hybridmodeltoexplorethebarrierstoenterpriseenergystoragesystemadoption AT sunwenghuang hybridmodeltoexplorethebarrierstoenterpriseenergystoragesystemadoption |