Selection among solar power plants using fuzzy economics

Veysel Çoban*, Sezi Çevik Onar

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Alternative energy sources are gaining popularity against the world’s fossil energy sources. There is an increasing energy demand due to the growing population. Renewable energy sources are used as alter-natives for fulfilling this demand. Since these sources are non-exhaustible and can renew themselves, they are considered as primary energy sources for the future. Although solar energy has the highest capacity among renewable energy sources, currently it has the disadvantage of high equipment and installation costs. Therefore, the economic analysis of investments in solar energy systems should be accurate and realistic but the uncertainty and ambiguity inherit in the parameters make this analysis complex and inaccurate. In this work, the solar economic model containing economic and technical uncertainties has been evaluated by using fuzzy logic. Realistic solutions from the developed solar fuzzy economic model direct investors to more accurate solar power plant investments.

Original languageEnglish
Title of host publicationAdvances in Fuzzy Logic and Technology 2017 - Proceedings of
Subtitle of host publicationEUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets
EditorsJanusz Kacprzyk, Eulalia Szmidt, Slawomir Zadrozny, Maciej Krawczak, Maciej Krawczak, Krassimir T. Atanassov
PublisherSpringer Verlag
Pages487-496
Number of pages10
ISBN (Print)9783319668291
DOIs
Publication statusPublished - 2018
Event10th Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017 - Warsaw, Poland
Duration: 11 Sept 201715 Sept 2017

Publication series

NameAdvances in Intelligent Systems and Computing
Volume641
ISSN (Print)2194-5357

Conference

Conference10th Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017
Country/TerritoryPoland
CityWarsaw
Period11/09/1715/09/17

Bibliographical note

Publisher Copyright:
© 2018, Springer International Publishing AG.

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