Abstract
With the expansion of its industrial and manufacturing sectors, with the goal of positioning Vietnam as the world’s new production hub, Vietnam is forecast to face a surge in energy demand. Today, the main source of energy of Vietnam is fossil fuels, which are not environmentally friendly and are rapidly depleting. The speed of extraction and consumption of fossil fuels is too fast, causing them to become increasingly scarce and gradually depleted. Renewable energy options, such as solar, wind, hydro electrical, and biomass, can be considered as sustainable alternatives to fossil fuels. However, to ensure the effectiveness of renewable energy development initiatives, technological, economic, and environmental must be taken in consideration when choosing a suitable renewable energy resource. In this research, the authors present a multi-criteria decision-making model (MCDM) implementing the grey analytic hierarchy process (G-AHP) method and the weighted aggregates sum product assessment (WASPAS) method for the selection of optimal renewable energy sources for the energy sector of Vietnam. The results of the proposed model have determined that solar energy is the optimal source of renewable energy with a performance score of 0.8822, followed by wind (0.8766), biomass (0.8488), and solid waste energy (0.8135) based on the calculations of the aforementioned methods.
Highlights
Climate change and environmental pollution are increasing in Vietnam
This is the problem posed by the government in finding an effective solution to develop renewable energy sources in Vietnam
While there have been MCDM models developed to support decision makers with the renewable energy source selection, few of them look at the problem under fuzzy decisionmaking environment and in developing countries
Summary
Climate change and environmental pollution are increasing in Vietnam. Renewable energy projects are planned to rapidly replace fossil fuels. Due to limitations in power transmission, some renewable energy projects are unable to develop, which leads to the increasing requirement of importing electricity, and existing thermal power plants continue to emit pollutants. This is the problem posed by the government in finding an effective solution to develop renewable energy sources in Vietnam. An overview of alternatives energy sources in Vietnam—including wind, solar, solid waste, and biomass—is presented. These sources of renewable energies have mature production technologies.
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
