Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments

Sezi Cevik Onar; Basar Oztaysi; Cengiz Kahraman

doi:10.1007/978-3-030-51156-2_17

Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments

Sezi Cevik Onar^*, Basar Oztaysi, Cengiz Kahraman

^*Bu çalışma için yazışmadan sorumlu yazar

Endüstri Mühendisliği Bölümü

Araştırma sonucu: Kitap/Rapor/Konferans Bildirisinde Bölüm › Konferans katkısı › bilirkişi

10 Atıf (Scopus)

Özet

Energy investments are highly risky due to the uncertainties of the energy market. Over the past two decades, the usage of wind energy has been increased dramatically. Appropriate wind energy investment valuations are vital for both the public and private sectors. The fluctuations in the energy prices, the uncertainties in the production levels and the changes in the investment costs harden the wind energy investment decision. Using the traditional investment valuations overlooks the necessary managerial flexibility of investments, uncertainty and risk concepts. The spherical fuzzy sets enable us dealing with this uncertain structure with the hesitancy. In this study, a new Spherical fuzzy cost benefit analysis is developed and modified to the wind energy investment evaluation. In order to show the applicability of the proposed method a wind energy investment is analyzed with it. This new approach by taking into account the hesitancy may enable investments to be evaluated with more flexibility and accuracy.

Orijinal dil	İngilizce
Ana bilgisayar yayını başlığı	Intelligent and Fuzzy Techniques
Ana bilgisayar yayını alt yazısı	Smart and Innovative Solutions - Proceedings of the INFUS 2020 Conference
Editörler	Cengiz Kahraman, Sezi Cevik Onar, Basar Oztaysi, Irem Ucal Sari, Selcuk Cebi, A. Cagri Tolga
Yayınlayan	Springer
Sayfalar	134-141
Sayfa sayısı	8
ISBN (Basılı)	9783030511555
DOI'lar	https://doi.org/10.1007/978-3-030-51156-2_17
Yayın durumu	Yayınlandı - 2021
Etkinlik	International Conference on Intelligent and Fuzzy Systems, INFUS 2020 - Istanbul, Turkey Süre: 21 Tem 2020 → 23 Tem 2020

Yayın serisi

Adı	Advances in Intelligent Systems and Computing
Hacim	1197 AISC
ISSN (Basılı)	2194-5357
ISSN (Elektronik)	2194-5365

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???event.eventtypes.event.conference???	International Conference on Intelligent and Fuzzy Systems, INFUS 2020
Ülke/Bölge	Turkey
Şehir	Istanbul
Periyot	21/07/20 → 23/07/20

Bibliyografik not

Publisher Copyright:
© 2021, The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG.

BM SKH

Bu sonuç, aşağıdaki Sürdürülebilir Kalkınma Hedefine/Hedeflerine katkıda bulunur

Belgeye Erişim

10.1007/978-3-030-51156-2_17

Diğer Dosyalar ve Linkler

Link to publication in Scopus

Alıntı Yap

Onar, S. C., Oztaysi, B., & Kahraman, C. (2021). Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments. In C. Kahraman, S. Cevik Onar, B. Oztaysi, I. U. Sari, S. Cebi, & A. C. Tolga (Eds.), Intelligent and Fuzzy Techniques: Smart and Innovative Solutions - Proceedings of the INFUS 2020 Conference (pp. 134-141). (Advances in Intelligent Systems and Computing; Hac. 1197 AISC). Springer. https://doi.org/10.1007/978-3-030-51156-2_17

Onar, Sezi Cevik ; Oztaysi, Basar ; Kahraman, Cengiz. / Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments. Intelligent and Fuzzy Techniques: Smart and Innovative Solutions - Proceedings of the INFUS 2020 Conference. editör / Cengiz Kahraman ; Sezi Cevik Onar ; Basar Oztaysi ; Irem Ucal Sari ; Selcuk Cebi ; A. Cagri Tolga. Springer, 2021. pp. 134-141 (Advances in Intelligent Systems and Computing).

@inproceedings{c6965cc1c20c4e30a71e1fde7a0ba146,

title = "Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments",

abstract = "Energy investments are highly risky due to the uncertainties of the energy market. Over the past two decades, the usage of wind energy has been increased dramatically. Appropriate wind energy investment valuations are vital for both the public and private sectors. The fluctuations in the energy prices, the uncertainties in the production levels and the changes in the investment costs harden the wind energy investment decision. Using the traditional investment valuations overlooks the necessary managerial flexibility of investments, uncertainty and risk concepts. The spherical fuzzy sets enable us dealing with this uncertain structure with the hesitancy. In this study, a new Spherical fuzzy cost benefit analysis is developed and modified to the wind energy investment evaluation. In order to show the applicability of the proposed method a wind energy investment is analyzed with it. This new approach by taking into account the hesitancy may enable investments to be evaluated with more flexibility and accuracy.",

keywords = "Cost benefit analysis, Engineering economics, Spherical fuzzy sets, Wind energy investment analysis",

author = "Onar, {Sezi Cevik} and Basar Oztaysi and Cengiz Kahraman",

note = "Publisher Copyright: {\textcopyright} 2021, The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG.; International Conference on Intelligent and Fuzzy Systems, INFUS 2020 ; Conference date: 21-07-2020 Through 23-07-2020",

year = "2021",

doi = "10.1007/978-3-030-51156-2_17",

language = "English",

isbn = "9783030511555",

series = "Advances in Intelligent Systems and Computing",

publisher = "Springer",

pages = "134--141",

editor = "Cengiz Kahraman and {Cevik Onar}, Sezi and Basar Oztaysi and Sari, {Irem Ucal} and Selcuk Cebi and Tolga, {A. Cagri}",

booktitle = "Intelligent and Fuzzy Techniques",

address = "Germany",

}

Onar, SC , Oztaysi, B & Kahraman, C 2021, Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments. in C Kahraman, S Cevik Onar, B Oztaysi, IU Sari, S Cebi & AC Tolga (eds), Intelligent and Fuzzy Techniques: Smart and Innovative Solutions - Proceedings of the INFUS 2020 Conference. Advances in Intelligent Systems and Computing, hac. 1197 AISC, Springer, pp. 134-141, International Conference on Intelligent and Fuzzy Systems, INFUS 2020, Istanbul, Turkey, 21/07/20. https://doi.org/10.1007/978-3-030-51156-2_17

Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments. / Onar, Sezi Cevik ; Oztaysi, Basar ; Kahraman, Cengiz.
Intelligent and Fuzzy Techniques: Smart and Innovative Solutions - Proceedings of the INFUS 2020 Conference. ed. / Cengiz Kahraman; Sezi Cevik Onar; Basar Oztaysi; Irem Ucal Sari; Selcuk Cebi; A. Cagri Tolga. Springer, 2021. p. 134-141 (Advances in Intelligent Systems and Computing; Hac. 1197 AISC).

Araştırma sonucu: Kitap/Rapor/Konferans Bildirisinde Bölüm › Konferans katkısı › bilirkişi

TY - GEN

T1 - Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments

AU - Onar, Sezi Cevik

AU - Oztaysi, Basar

AU - Kahraman, Cengiz

PY - 2021

Y1 - 2021

N2 - Energy investments are highly risky due to the uncertainties of the energy market. Over the past two decades, the usage of wind energy has been increased dramatically. Appropriate wind energy investment valuations are vital for both the public and private sectors. The fluctuations in the energy prices, the uncertainties in the production levels and the changes in the investment costs harden the wind energy investment decision. Using the traditional investment valuations overlooks the necessary managerial flexibility of investments, uncertainty and risk concepts. The spherical fuzzy sets enable us dealing with this uncertain structure with the hesitancy. In this study, a new Spherical fuzzy cost benefit analysis is developed and modified to the wind energy investment evaluation. In order to show the applicability of the proposed method a wind energy investment is analyzed with it. This new approach by taking into account the hesitancy may enable investments to be evaluated with more flexibility and accuracy.

AB - Energy investments are highly risky due to the uncertainties of the energy market. Over the past two decades, the usage of wind energy has been increased dramatically. Appropriate wind energy investment valuations are vital for both the public and private sectors. The fluctuations in the energy prices, the uncertainties in the production levels and the changes in the investment costs harden the wind energy investment decision. Using the traditional investment valuations overlooks the necessary managerial flexibility of investments, uncertainty and risk concepts. The spherical fuzzy sets enable us dealing with this uncertain structure with the hesitancy. In this study, a new Spherical fuzzy cost benefit analysis is developed and modified to the wind energy investment evaluation. In order to show the applicability of the proposed method a wind energy investment is analyzed with it. This new approach by taking into account the hesitancy may enable investments to be evaluated with more flexibility and accuracy.

KW - Cost benefit analysis

KW - Engineering economics

KW - Spherical fuzzy sets

KW - Wind energy investment analysis

UR - http://www.scopus.com/inward/record.url?scp=85088742378&partnerID=8YFLogxK

U2 - 10.1007/978-3-030-51156-2_17

DO - 10.1007/978-3-030-51156-2_17

M3 - Conference contribution

AN - SCOPUS:85088742378

SN - 9783030511555

T3 - Advances in Intelligent Systems and Computing

SP - 134

EP - 141

BT - Intelligent and Fuzzy Techniques

A2 - Kahraman, Cengiz

A2 - Cevik Onar, Sezi

A2 - Oztaysi, Basar

A2 - Sari, Irem Ucal

A2 - Cebi, Selcuk

A2 - Tolga, A. Cagri

PB - Springer

T2 - International Conference on Intelligent and Fuzzy Systems, INFUS 2020

Y2 - 21 July 2020 through 23 July 2020

ER -

Onar SC , Oztaysi B , Kahraman C. Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments. In Kahraman C, Cevik Onar S, Oztaysi B, Sari IU, Cebi S, Tolga AC, editörler, Intelligent and Fuzzy Techniques: Smart and Innovative Solutions - Proceedings of the INFUS 2020 Conference. Springer. 2021. p. 134-141. (Advances in Intelligent Systems and Computing). doi: 10.1007/978-3-030-51156-2_17

Spherical Fuzzy Cost/Benefit Analysis of Wind Energy Investments

Özet

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Bibliyografik not

BM SKH

Belgeye Erişim

Diğer Dosyalar ve Linkler

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