International Journal of Energy Sector Management · 2011 · 62 citations · 35 references
ManagementStrategic ManagementStrategyEnergy ManagementKnowledge RepresentationStrategic PlanningCognitive MappingFuture ScenariosScenario AnalysisStrategic Technology PlanningStrategic ThinkingDomain Knowledge IntegrationEnergy Scenario PlanningFuzzy Cognitive MapsMultiple FuturesRenewable Energy DeploymentScenario BuildingScenario DesignScenario Planning
Purpose The purpose of this paper is to explore a very new approach of creating scenarios with fuzzy cognitive maps (FCM); specifically to create scenarios for wind energy deployment. Design/methodology/approach In this paper a small exercise is conducted to illustrate the usefulness of FCM‐based scenarios. Findings Scenario‐based planning is often used in technology management and scenarios are generated to cater for uncertainty and facilitate development of responsive and robust strategic plans. Scenario analysis helps to identify different alternatives of the future state of technologies, needs, policies and environment. Scenario planning helps to overcome thinking limitations by presenting multiple futures. FCMs are based on causal cognitive maps and combine the benefits of both qualitative and quantitative analysis. Domain knowledge of multiple experts can be integrated into an FCM to present collective knowledge base. Originality/value This is a conceptual paper exploring use of fuzzy cognitive maps to create scenarios for wind energy deployment. The paper provides scenarios and a way to integrate them into technology roadmaps.
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