Captive Power Plant Selection for Pakistan Cement Industry in Perspective of Current Energy Crises: A Fuzzy-AHP Approach
Based on the prevailing energy crisis, it is reasonable for the Cement industry of Pakistan to look for alternate sources of electricity generation. The decision of selecting a CPP (Captive Power Plant) depends on a broad variety of parameters which may be conflicting to each other. A comparative...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Mehran University of Engineering and Technology
2017-10-01
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| Series: | Mehran University Research Journal of Engineering and Technology |
| Subjects: | |
| Online Access: | http://publications.muet.edu.pk/research_papers/pdf/pdf1606.pdf |
| Summary: | Based on the prevailing energy crisis, it is reasonable for the Cement industry of Pakistan to look for
alternate sources of electricity generation. The decision of selecting a CPP (Captive Power Plant)
depends on a broad variety of parameters which may be conflicting to each other. A comparative
evaluation of these CPP?s should be helpful for industry, particularly if the applied methodology can
handle with the real world ambiguities and imprecisions associated with the data pools and expert
opinions. This paper utilizes an F-AHP (Fuzzy Analytical Hierarchy Process) based multi-attribute
framework to prioritize the affecting parameters and assign rankings to the CPP alternatives. The
CPP?s recommended by experts for this study are RDF-CPP (Refused Derived Fuel CPP), CF-CPP (Coal
Fired CPP) and WHR-CPP (Waste Heat Recovery CPP). The factors affecting the decision of selecting
the optimum CPP are prioritized by the experts using our F-AHP approach. Real world quantitative data
is extracted from different online resources and financial reports of cement companies in Pakistan.
The F-AHP model is flexible enough to deal with a variety of inputs including qualitative scales, crisp
values and standard fuzzy numbers. The model is solved and a sensitivity analysis is performed in
respective software. This study shows that non-conventional CPPs are highly demanded for cement
industry in Pakistan and while selecting these CPPs, management gives high priority to factors like
'automation' and 'environment' whereas associated "initial cost" is not given much weight in decision
making.In concluding ranking list, WHR-CPP is at the top and CF-CPP is at the bottom. This study may
facilitate decision makers of cement industry in Pakistan and international CPP manufacturers alike
in their forthcoming strategic decisions |
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| ISSN: | 0254-7821 2413-7219 |