State-of-the-art: Multi criteria decision making variables on solar PV business potential
Most developing countries, such as Indonesia, have increased targets for renewable energy. These developing countries still have limited framework alternatives that can be used as a business assessment tool or guideline for renewable energy. The characteristics in developing countries are different...
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| Format: | Article |
| Language: | English |
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Elsevier
2022-12-01
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| Series: | Energy Reports |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484722022569 |
| _version_ | 1811159631028813824 |
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| author | Abdul Malik Sadat Idris Wawan Dhewanto Yudo Anggoro |
| author_facet | Abdul Malik Sadat Idris Wawan Dhewanto Yudo Anggoro |
| author_sort | Abdul Malik Sadat Idris |
| collection | DOAJ |
| description | Most developing countries, such as Indonesia, have increased targets for renewable energy. These developing countries still have limited framework alternatives that can be used as a business assessment tool or guideline for renewable energy. The characteristics in developing countries are different from developed countries, there are some challenges in adopting the global renewable energy tools that do not suit the characteristics of developing countries. Several literatures describe several variations of methods for decision making in the field of renewable energy sources, particularly the multi-criteria decision analysis (MCDA) method. The Analytic Hierarchy Process (AHP) method has been at the forefront as the most widely used method for evaluation of the best location. Due to the climate, proximity to other facilities, and the existence of protected environmental areas, the location of photovoltaic power plants is a key issue for large-scale projects. There are some papers that analyze and research about the selection process and method to choose the best location. This research has compiled and analyzed the state-of-the-art in MCDA variable in energy business potential decision making research that has been conducted in the past years and looks for research gaps that can be used as a reference for conducting further research. From the analysis, there is still a gap in current research that fulfills all aspects (technical, politic, economy, social, legal, environmental) into one assessment. Technical aspect is the most used variable and the legal aspect is the least used variable. Analyzing all six aspects into one integrated risk assessment to select the potential location for floating solar PV will be the novelty of the research. In addition, the existing studies are dominated by land solar PV objects and very few have raised the topic of floating solar PV. This is something that needs to be studied because the risk character of floating PV is different from land PV. |
| first_indexed | 2024-04-10T05:45:31Z |
| format | Article |
| id | doaj.art-9233e913435a44b3983b5b3edce32e72 |
| institution | Directory Open Access Journal |
| issn | 2352-4847 |
| language | English |
| last_indexed | 2024-04-10T05:45:31Z |
| publishDate | 2022-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Reports |
| spelling | doaj.art-9233e913435a44b3983b5b3edce32e722023-03-06T04:14:49ZengElsevierEnergy Reports2352-48472022-12-018613624State-of-the-art: Multi criteria decision making variables on solar PV business potentialAbdul Malik Sadat Idris0Wawan Dhewanto1Yudo Anggoro2Corresponding author.; School of Business and Management, Bandung Institute of Technology, Bandung, 40132, IndonesiaSchool of Business and Management, Bandung Institute of Technology, Bandung, 40132, IndonesiaSchool of Business and Management, Bandung Institute of Technology, Bandung, 40132, IndonesiaMost developing countries, such as Indonesia, have increased targets for renewable energy. These developing countries still have limited framework alternatives that can be used as a business assessment tool or guideline for renewable energy. The characteristics in developing countries are different from developed countries, there are some challenges in adopting the global renewable energy tools that do not suit the characteristics of developing countries. Several literatures describe several variations of methods for decision making in the field of renewable energy sources, particularly the multi-criteria decision analysis (MCDA) method. The Analytic Hierarchy Process (AHP) method has been at the forefront as the most widely used method for evaluation of the best location. Due to the climate, proximity to other facilities, and the existence of protected environmental areas, the location of photovoltaic power plants is a key issue for large-scale projects. There are some papers that analyze and research about the selection process and method to choose the best location. This research has compiled and analyzed the state-of-the-art in MCDA variable in energy business potential decision making research that has been conducted in the past years and looks for research gaps that can be used as a reference for conducting further research. From the analysis, there is still a gap in current research that fulfills all aspects (technical, politic, economy, social, legal, environmental) into one assessment. Technical aspect is the most used variable and the legal aspect is the least used variable. Analyzing all six aspects into one integrated risk assessment to select the potential location for floating solar PV will be the novelty of the research. In addition, the existing studies are dominated by land solar PV objects and very few have raised the topic of floating solar PV. This is something that needs to be studied because the risk character of floating PV is different from land PV.http://www.sciencedirect.com/science/article/pii/S2352484722022569Solar PVMCDAState of the art |
| spellingShingle | Abdul Malik Sadat Idris Wawan Dhewanto Yudo Anggoro State-of-the-art: Multi criteria decision making variables on solar PV business potential Energy Reports Solar PV MCDA State of the art |
| title | State-of-the-art: Multi criteria decision making variables on solar PV business potential |
| title_full | State-of-the-art: Multi criteria decision making variables on solar PV business potential |
| title_fullStr | State-of-the-art: Multi criteria decision making variables on solar PV business potential |
| title_full_unstemmed | State-of-the-art: Multi criteria decision making variables on solar PV business potential |
| title_short | State-of-the-art: Multi criteria decision making variables on solar PV business potential |
| title_sort | state of the art multi criteria decision making variables on solar pv business potential |
| topic | Solar PV MCDA State of the art |
| url | http://www.sciencedirect.com/science/article/pii/S2352484722022569 |
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