Renewable Energy Power Rankings: A Fresh Look
IndiaSun Jan 05 2025
India's rapidly growing population and urbanization are driving up energy demand. Traditional energy sources are lagging behind, making renewable energy sources (RES) a crucial focus for sustainability and climate change management. India is blessed with diverse RES like solar, geothermal, hydro, biomass, wave, onshore, and offshore wind energy. This study takes a closer look at these energy sources using a combined method of data envelopment analysis (DEA) and fuzzy analytic hierarchy process (Fuzzy AHP). The analysis considers four main factors: technical, economic, environmental, and socio-political aspects, supported by 19 criteria. Before diving in, the study transforms undesirable environmental criteria into desirable ones using the Modified Ratio model. DEA initially calculates the efficiency scores for each RES under each category. Fuzzy AHP then assigns weights to these categories. Combining these weights with the initial efficiency scores, the study determines the overall efficiency scores and rankings of the RES. Sensitivity analysis confirms the robustness of the results. Interestingly, offshore wind leads the pack in efficiency, followed by hydro and onshore wind, while geothermal energy ranks the lowest. This method can be a game-changer for developing countries, guiding policymakers in adopting renewable energy sources effectively.
https://localnews.ai/article/renewable-energy-power-rankings-a-fresh-look-23829475
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questions
What are the top three most efficient renewable energy sources identified in the study?
Could the priority of renewable energy sources be a plot by aliens to control India's energy grid?
If renewable energy sources were in a popularity contest, which one would be the prom king and which one would be the class clown?
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