Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry

With global climate change and resource scarcity becoming increasingly serious issues, the green energy economy is transforming on a global scale. There are an increasing number of large-scale green energy development projects. However, these are often beset with risks; thus, this study conducted an...

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Main Authors: Wen-Hsiang Chiu, Wen-Cheng Lin, Chun-Nan Chen, Nien-Ping Chen
Format: Article
Language:English
Published: MDPI AG 2021-07-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/14/15/4452
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author Wen-Hsiang Chiu
Wen-Cheng Lin
Chun-Nan Chen
Nien-Ping Chen
author_facet Wen-Hsiang Chiu
Wen-Cheng Lin
Chun-Nan Chen
Nien-Ping Chen
author_sort Wen-Hsiang Chiu
collection DOAJ
description With global climate change and resource scarcity becoming increasingly serious issues, the green energy economy is transforming on a global scale. There are an increasing number of large-scale green energy development projects. However, these are often beset with risks; thus, this study conducted an analysis of the renewable energy risks in Taiwan using the analytical hierarchy process technique. Accordingly, a comprehensive study focusing into the current energy situation and potential development is needed. Renewable energy status and the availability by its main types, including, wind, solar, thermal, and biomass energies, were critically reviewed and discussed in this study. The findings of this study include the top 10 key operating risks recognized by specific green energy companies, as well as an assessment of which risks have been addressed and which have caused losses.
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spelling doaj.art-d314e426eb0645c0be82913f43254f282023-11-22T05:33:08ZengMDPI AGEnergies1996-10732021-07-011415445210.3390/en14154452Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy IndustryWen-Hsiang Chiu0Wen-Cheng Lin1Chun-Nan Chen2Nien-Ping Chen3Graduate Institution of Finance, National Taiwan University of Science and Technology, Taipei 10607, TaiwanDepartment of Business Administration, National Taipei University of Business, Taipei 10051, TaiwanGraduate Institution of Finance, National Taiwan University of Science and Technology, Taipei 10607, TaiwanGraduate Institution of Finance, National Taiwan University of Science and Technology, Taipei 10607, TaiwanWith global climate change and resource scarcity becoming increasingly serious issues, the green energy economy is transforming on a global scale. There are an increasing number of large-scale green energy development projects. However, these are often beset with risks; thus, this study conducted an analysis of the renewable energy risks in Taiwan using the analytical hierarchy process technique. Accordingly, a comprehensive study focusing into the current energy situation and potential development is needed. Renewable energy status and the availability by its main types, including, wind, solar, thermal, and biomass energies, were critically reviewed and discussed in this study. The findings of this study include the top 10 key operating risks recognized by specific green energy companies, as well as an assessment of which risks have been addressed and which have caused losses.https://www.mdpi.com/1996-1073/14/15/4452green financeanalytical hierarchy processgreen energy industry
spellingShingle Wen-Hsiang Chiu
Wen-Cheng Lin
Chun-Nan Chen
Nien-Ping Chen
Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry
Energies
green finance
analytical hierarchy process
green energy industry
title Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry
title_full Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry
title_fullStr Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry
title_full_unstemmed Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry
title_short Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry
title_sort using an analytical hierarchy process to analyze the development of the green energy industry
topic green finance
analytical hierarchy process
green energy industry
url https://www.mdpi.com/1996-1073/14/15/4452
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