IEEE Transactions on Energy Conversion · 1998 · 384 citations · 7 references
BusinessDecision SciencesDecision AnalysisDecision TheoryMulti-criteria Decision MakingDesign Decision SupportEnergy System ModelingHybrid Renewable Energy SystemsReal Options AnalysisStochastic Multi-criteria Decision MakingTrade-off AnalysisAnalytic Hierarchy ProcessDecision Support ReasoningEnergy Scenario PlanningMinimum DistancePower System PlanningSolar Hybrid SystemsSolar-wind Hybrid SystemsWind Power Systems
Hybrid solar‑wind system design is influenced by political, social, technical, and economic factors. The study proposes a decision‑support method to evaluate influencing factors in designing grid‑connected hybrid solar‑wind power systems. The technique uses analytic hierarchy process to quantify divergent opinions, a trade‑off/risk method to generate 16‑scenario plans, a novel 3‑D trade‑off surface to locate knee points via minimum distance, and segregates robust and risky plans for hedging.
This paper presents a decision support technique to help decision makers study the influencing factors in the design of a hybrid solar-wind power system (HSWPS) for grid-linked applications. These factors relate mainly to political and social conditions, and to technical advances and economics. The analytic hierarchy process (AHP) is used to quantify the various divergencies of opinions, practices and events that lead to confusion and uncertainties in planning HSWPS. The trade-off/risk method is used to generate multiple plans under 16 different futures and obtain the corresponding trade-off curves. Unlike the traditional 2-D simulation, a novel modeling of a trade-off surface in 3-D space is presented where the knee set is determined using the minimum distance approach. Robust and inferior plans are segregated based on their frequent occurrence in the conditional decision set of each future and hedging analysis to reduce risk is performed in order to assign alternative options in case risky futures occur.
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Conflicting objectives and risk in power system planning
Enrique Crousillat, P. Dörfner, P. Alvarado et al. · IEEE Transactions on Power Systems · 1993 · 90 citations