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A Multi-Criteria Strategic Decision Making Model to Assess Renewable Energy Forms

A Multi-Criteria Strategic Decision Making Model to Assess Renewable Energy Forms

Daniel W. Keebler, Paul D. Albertelli Jr., Briance Mascarenhas
Copyright: © 2017 |Volume: 8 |Issue: 2 |Pages: 10
ISSN: 1947-8569|EISSN: 1947-8577|EISBN13: 9781522512882|DOI: 10.4018/IJSDS.2017040101
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MLA

Keebler, Daniel W., et al. "A Multi-Criteria Strategic Decision Making Model to Assess Renewable Energy Forms." IJSDS vol.8, no.2 2017: pp.1-10. http://doi.org/10.4018/IJSDS.2017040101

APA

Keebler, D. W., Albertelli Jr., P. D., & Mascarenhas, B. (2017). A Multi-Criteria Strategic Decision Making Model to Assess Renewable Energy Forms. International Journal of Strategic Decision Sciences (IJSDS), 8(2), 1-10. http://doi.org/10.4018/IJSDS.2017040101

Chicago

Keebler, Daniel W., Paul D. Albertelli Jr., and Briance Mascarenhas. "A Multi-Criteria Strategic Decision Making Model to Assess Renewable Energy Forms," International Journal of Strategic Decision Sciences (IJSDS) 8, no.2: 1-10. http://doi.org/10.4018/IJSDS.2017040101

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Abstract

Renewable energy can potentially be a source of competitive advantage, reduce greenhouse gases, and counter climate change. This study utilizes Multi-Criteria Decision Analysis to systematically assess the relative attractiveness of multiple renewable energy forms based on three factors: 1. business (economic), 2. technical (environmental), and 3. social (regulatory). It uncovers the relative attractiveness of various renewable energy forms and suggests strategies for their development for providers and customers. After considering multiple factors, the study found hydro, geothermal, and wind power to be relatively attractive renewable energy sources.

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