Evaluation of strategic energy alternatives determined for Northern Cyprus with SWOT based MCDM integrated approach
Today, energy management is of strategic importance, and evaluating options is an important step for decision-makers in energy management. The lack of strategy for the future of Northern Cyprus in the energy sector constitutes the main motivation of this article. The application of the proposed meth...
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Format: | Article |
Language: | English |
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Elsevier
2022-11-01
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Series: | Energy Reports |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484722016717 |
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author | Soley Akçaba Fehiman Eminer |
author_facet | Soley Akçaba Fehiman Eminer |
author_sort | Soley Akçaba |
collection | DOAJ |
description | Today, energy management is of strategic importance, and evaluating options is an important step for decision-makers in energy management. The lack of strategy for the future of Northern Cyprus in the energy sector constitutes the main motivation of this article. The application of the proposed methodology to Northern Cyprus is novel and has not been applied in any of its scientific areas before. This study proposes an integrated approach to identifying strategic energy alternatives with Multi-Criteria Decision Making (MCDM) methods based on Strengths, Weaknesses, Opportunities, and Threats (SWOT). The proposed model has a three-stage structure; in the first stage, SWOT analysis was used for the strengths, weaknesses, opportunities, and threats of internal and external factors affecting the energy sector, along with TOWS analysis to determine alternative strategies. In the second stage, analytical network processing (ANP) was used to weight the SWOT factors, and in the third stage, fuzzy ideal solution similarity order performance (FTOPSIS) methods were used to rank alternative energy strategies. In the final results, alternative energy strategies proposed for the Northern Cyprus energy sector were ranked according to their priority values. While the most preferred energy strategy by the decision-makers was establishing an interconnected connection to the mainland, the least preferred strategy was determined as laying a natural gas pipeline to the mainland. Both options point to the strategic and geopolitical critical importance of Northern Cyprus’ location in the Eastern Mediterranean in energy transmission. On the other hand, it is gratifying that the strategy based on primary energy takes the bottom rank. |
first_indexed | 2024-04-10T09:09:04Z |
format | Article |
id | doaj.art-a757accd91a646a9b06cf66f87957649 |
institution | Directory Open Access Journal |
issn | 2352-4847 |
language | English |
last_indexed | 2024-04-10T09:09:04Z |
publishDate | 2022-11-01 |
publisher | Elsevier |
record_format | Article |
series | Energy Reports |
spelling | doaj.art-a757accd91a646a9b06cf66f879576492023-02-21T05:13:00ZengElsevierEnergy Reports2352-48472022-11-0181102211038Evaluation of strategic energy alternatives determined for Northern Cyprus with SWOT based MCDM integrated approachSoley Akçaba0Fehiman Eminer1Corresponding author.; Faculty Economic and Administrative Sciences, European University of Lefke, Gemikonagi-Lefke, North Cyprus TR-10 Mersin, TurkeyFaculty Economic and Administrative Sciences, European University of Lefke, Gemikonagi-Lefke, North Cyprus TR-10 Mersin, TurkeyToday, energy management is of strategic importance, and evaluating options is an important step for decision-makers in energy management. The lack of strategy for the future of Northern Cyprus in the energy sector constitutes the main motivation of this article. The application of the proposed methodology to Northern Cyprus is novel and has not been applied in any of its scientific areas before. This study proposes an integrated approach to identifying strategic energy alternatives with Multi-Criteria Decision Making (MCDM) methods based on Strengths, Weaknesses, Opportunities, and Threats (SWOT). The proposed model has a three-stage structure; in the first stage, SWOT analysis was used for the strengths, weaknesses, opportunities, and threats of internal and external factors affecting the energy sector, along with TOWS analysis to determine alternative strategies. In the second stage, analytical network processing (ANP) was used to weight the SWOT factors, and in the third stage, fuzzy ideal solution similarity order performance (FTOPSIS) methods were used to rank alternative energy strategies. In the final results, alternative energy strategies proposed for the Northern Cyprus energy sector were ranked according to their priority values. While the most preferred energy strategy by the decision-makers was establishing an interconnected connection to the mainland, the least preferred strategy was determined as laying a natural gas pipeline to the mainland. Both options point to the strategic and geopolitical critical importance of Northern Cyprus’ location in the Eastern Mediterranean in energy transmission. On the other hand, it is gratifying that the strategy based on primary energy takes the bottom rank.http://www.sciencedirect.com/science/article/pii/S2352484722016717Energy planningMulti-criteria decision-makingEnergy managementEnergy strategies |
spellingShingle | Soley Akçaba Fehiman Eminer Evaluation of strategic energy alternatives determined for Northern Cyprus with SWOT based MCDM integrated approach Energy Reports Energy planning Multi-criteria decision-making Energy management Energy strategies |
title | Evaluation of strategic energy alternatives determined for Northern Cyprus with SWOT based MCDM integrated approach |
title_full | Evaluation of strategic energy alternatives determined for Northern Cyprus with SWOT based MCDM integrated approach |
title_fullStr | Evaluation of strategic energy alternatives determined for Northern Cyprus with SWOT based MCDM integrated approach |
title_full_unstemmed | Evaluation of strategic energy alternatives determined for Northern Cyprus with SWOT based MCDM integrated approach |
title_short | Evaluation of strategic energy alternatives determined for Northern Cyprus with SWOT based MCDM integrated approach |
title_sort | evaluation of strategic energy alternatives determined for northern cyprus with swot based mcdm integrated approach |
topic | Energy planning Multi-criteria decision-making Energy management Energy strategies |
url | http://www.sciencedirect.com/science/article/pii/S2352484722016717 |
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