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Multi-Criteria Decision Analysis Methods Comparison
Multi-criteria decision analysis (MCDA) is widely used to solve various decision problems through alternative evaluation. MCDA methods can be used in every field that can define a problem, alternatives and criteria. However, finding the appropriate method can influence the results, in this research five MCDA methods have been tested on the renewable energy sector in Latvia to find the best alternative. The main results showed that TOPSIS, VIKOR and PROMETHEE-GAIA have similar priority selection and the highest ranking was selected for hydropower plant, but MULTIMOORA and COPRAS results were beneficial to Solar PV.
Multi-Criteria Decision Analysis Methods Comparison
Multi-criteria decision analysis (MCDA) is widely used to solve various decision problems through alternative evaluation. MCDA methods can be used in every field that can define a problem, alternatives and criteria. However, finding the appropriate method can influence the results, in this research five MCDA methods have been tested on the renewable energy sector in Latvia to find the best alternative. The main results showed that TOPSIS, VIKOR and PROMETHEE-GAIA have similar priority selection and the highest ranking was selected for hydropower plant, but MULTIMOORA and COPRAS results were beneficial to Solar PV.
Multi-Criteria Decision Analysis Methods Comparison
Zlaugotne Beate (author) / Zihare Lauma (author) / Balode Lauma (author) / Kalnbalkite Antra (author) / Khabdullin Aset (author) / Blumberga Dagnija (author)
2020
Article (Journal)
Electronic Resource
Unknown
copras , mcda , multimoora , promethee-gaia , renewable energy , topsis , vikor , Renewable energy sources , TJ807-830
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