Abstract
Recently, industrialization has led to a worldwide rise in energy usage. Consequently, satisfying rising energy demands has assumed more significance. Fuel, gasoline, and nat gas are all finite resources, making it all the more important to discover sustainable energy alternatives. To fulfill the current need for energy, renewable resources play a significant role. Therefore, energy decisions and government policy are of paramount importance for nations. Energy policy and judgment challenges, such as the appraisal of energy projects, the choice among fuel sources, the location of power plants, and the determination of energy policy, are solved using a variety of technical, financial, ecological, and social factors. Multi-criterion decision-making (MCDM) methodologies may be used to assess energy policy decisions, one of the important challenges for governments. Some of the challenges associated with making energy-related decisions and formulating policies are choosing between various energy sources, assessing the relative merits of various energy supply techniques, formulating an energy strategy, and carrying it through. Various forms of fuel sources are taken into account in the much research that has been conducted on energy decision-making challenges. Because they take into account several, sometimes competing, criteria in their assessments of potential solutions, MCDM techniques have proven useful in the resolution of energy-related decision-making issues. By combining MCDM with the neutrosophic set theory (NST), which captures the inherent ambiguity of human judgment, we may get more nuanced, tangible, and practical outcomes. This work intends to provide a thorough analysis of the methodology and implementations of neutrosophic MCDM in the power industry, as well as to synthesize the current literature and the latest recent breakthroughs to help guide researchers in this area. The neutrosophic Analytic Hierarchy Process (AHP) method is used to compute the weights of each criterion of energy in a social project. This research shows that neutrosophic AHP, either on its own or in combination with another MCDM approach, is the most often used MCDM technique.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.