Selecting Rooftop Solar Photovoltaic Modules by Measuring Their Attractiveness by a Categorical-Based Evaluation Technique (MACBETH): The Case of Lithuania

The paper examines the challenges related to solar photovoltaic (PV) development with a pivotal focus on the impacts of the dynamics of the relevant markets and technological advancements in the solar industry. In this regard, household investments into rooftop solar PV modules as one of the availab...

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Main Author: Andrius Tamošiūnas
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/16/7/2999
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author Andrius Tamošiūnas
author_facet Andrius Tamošiūnas
author_sort Andrius Tamošiūnas
collection DOAJ
description The paper examines the challenges related to solar photovoltaic (PV) development with a pivotal focus on the impacts of the dynamics of the relevant markets and technological advancements in the solar industry. In this regard, household investments into rooftop solar PV modules as one of the available incentives are investigated based on a conducted experiment in Lithuania for selecting rooftop solar PV systems for the prosumer by measuring the attractiveness of solar PV modules by a categorical-based evaluation technique (MACBETH). While a variety of multiple-criteria decision-making (MCDM) methods used by scholars have their specifics in terms of application and the divergence of results, the findings of the conducted experiment reveal MACBETH’s utility when based upon qualitative judgments about the differences in the attractiveness of offers, quantifying their relative value and accordingly ranking the latter. The findings also confirm MACBETH’s potential to be used not only to solve operational and tactical tasks but also for strategic objectives of private and public organizations aiming at competitive and sustainable development in short- and long-term contexts.
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spelling doaj.art-63226b94d5424ba3bd1163f537718c532023-11-17T16:36:02ZengMDPI AGEnergies1996-10732023-03-01167299910.3390/en16072999Selecting Rooftop Solar Photovoltaic Modules by Measuring Their Attractiveness by a Categorical-Based Evaluation Technique (MACBETH): The Case of LithuaniaAndrius Tamošiūnas0Department of Management, Faculty of Business Management, Vilnius Gediminas Technical University, LT-10223 Vilnius, LithuaniaThe paper examines the challenges related to solar photovoltaic (PV) development with a pivotal focus on the impacts of the dynamics of the relevant markets and technological advancements in the solar industry. In this regard, household investments into rooftop solar PV modules as one of the available incentives are investigated based on a conducted experiment in Lithuania for selecting rooftop solar PV systems for the prosumer by measuring the attractiveness of solar PV modules by a categorical-based evaluation technique (MACBETH). While a variety of multiple-criteria decision-making (MCDM) methods used by scholars have their specifics in terms of application and the divergence of results, the findings of the conducted experiment reveal MACBETH’s utility when based upon qualitative judgments about the differences in the attractiveness of offers, quantifying their relative value and accordingly ranking the latter. The findings also confirm MACBETH’s potential to be used not only to solve operational and tactical tasks but also for strategic objectives of private and public organizations aiming at competitive and sustainable development in short- and long-term contexts.https://www.mdpi.com/1996-1073/16/7/2999solar photovoltaic modulemultiple-criteria decision-makingrenewable energyMACBETHmanagement
spellingShingle Andrius Tamošiūnas
Selecting Rooftop Solar Photovoltaic Modules by Measuring Their Attractiveness by a Categorical-Based Evaluation Technique (MACBETH): The Case of Lithuania
Energies
solar photovoltaic module
multiple-criteria decision-making
renewable energy
MACBETH
management
title Selecting Rooftop Solar Photovoltaic Modules by Measuring Their Attractiveness by a Categorical-Based Evaluation Technique (MACBETH): The Case of Lithuania
title_full Selecting Rooftop Solar Photovoltaic Modules by Measuring Their Attractiveness by a Categorical-Based Evaluation Technique (MACBETH): The Case of Lithuania
title_fullStr Selecting Rooftop Solar Photovoltaic Modules by Measuring Their Attractiveness by a Categorical-Based Evaluation Technique (MACBETH): The Case of Lithuania
title_full_unstemmed Selecting Rooftop Solar Photovoltaic Modules by Measuring Their Attractiveness by a Categorical-Based Evaluation Technique (MACBETH): The Case of Lithuania
title_short Selecting Rooftop Solar Photovoltaic Modules by Measuring Their Attractiveness by a Categorical-Based Evaluation Technique (MACBETH): The Case of Lithuania
title_sort selecting rooftop solar photovoltaic modules by measuring their attractiveness by a categorical based evaluation technique macbeth the case of lithuania
topic solar photovoltaic module
multiple-criteria decision-making
renewable energy
MACBETH
management
url https://www.mdpi.com/1996-1073/16/7/2999
work_keys_str_mv AT andriustamosiunas selectingrooftopsolarphotovoltaicmodulesbymeasuringtheirattractivenessbyacategoricalbasedevaluationtechniquemacbeththecaseoflithuania