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Published in:
Complexity in Energy Systems Read chapter Read first chapter

2018 | OriginalPaper | Chapter

8. Wind Energy Investment Analyses Based on Fuzzy Sets

Authors : Cengiz Kahraman, Sezi Çevik Onar, Başar Öztayşi, İrem Uçal Sarı, Esra İlbahar

Published in: Energy Management—Collective and Computational Intelligence with Theory and Applications

Publisher: Springer International Publishing

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Abstract

Engineering economics deals with the investment decisions, where the investment parameters are very hard to estimate exactly. In the cases where we do not have the required data for parameter estimation, possibilistic approaches may be used. In this chapter, a brief literature review on wind energy investments is first presented. Later, the chapter gives present worth analysis (PWA) methods extended to fuzzy sets. The chapter introduces ordinary fuzzy PWA, type-2 fuzzy PWA, intuitionistic fuzzy PWA, and hesitant fuzzy PWA. A numerical application for each extension is presented.

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Metadata
Title
Wind Energy Investment Analyses Based on Fuzzy Sets
Authors
Cengiz Kahraman
Sezi Çevik Onar
Başar Öztayşi
İrem Uçal Sarı
Esra İlbahar
Copyright Year
2018
Book
Energy Management—Collective and Computational Intelligence with Theory and Applications

Print ISBN: 978-3-319-75689-9

Electronic ISBN: 978-3-319-75690-5

Copyright Year: 2018

DOI
https://doi.org/10.1007/978-3-319-75690-5_8

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