Science Journal of Energy Engineering

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Evaluation on External Economies of Renewable Energy Resource Utilization: Taken Wind Power Engineering Project as Example

Received: 18 November 2014    Accepted: 27 November 2014    Published: 27 December 2014
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Abstract

Different wind power projects have different external economics level, the practical evaluation on which can provide reference for wind power projects selection and qualify the role of completed projects. In this paper, the external economies of wind power engineering projects were evaluated by employing VIKOR method. The basic theory of VIKOR method was firstly introduced, and then the empirical evaluation was performed. After the evaluation index system was built from environmental, social and economic aspects, the external economies of three selected wind power engineering projects in Hebei province were studied. The evaluation result shows the external economies of wind power project #3 are the best one. The application of VIKOR method in external economies evaluation of wind power project is effective and feasible.

DOI 10.11648/j.sjee.s.2015030401.11
Published in Science Journal of Energy Engineering (Volume 3, Issue 4-1, July 2015)

This article belongs to the Special Issue Soft Computing Techniques for Energy Engineering

Page(s) 1-5
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Wind Power Engineering Project, External Economies Evaluation, VIKOR Method

References
[1] http://en.wikipedia.org/wiki/Renewable_resource
[2] Tükenmez M, Demireli E. Renewable energy policy in Turkey with the new legal regulations [J]. Renewable Energy, 2012, 39(1): 1-9.
[3] Li H, Guo S. External economies evaluation of wind power engineering project based on analytic hierarchy process and matter-element extension model [J]. Mathematical Problems in Engineering, 2013, 2013.
[4] Zhang S, Andrews-Speed P, Zhao X. Political and institutional analysis of the successes and failures of China’s wind power policy [J]. Energy Policy, 2013, 56: 331-340.
[5] Chingulpitak S, Wongwises S. Critical review of the current status of wind energy in Thailand [J]. Renewable and Sustainable Energy Reviews, 2014, 31: 312-318.
[6] J. Markusen. Micro-foundation of external economies [J]. Canadian Journal of Economics, 1990, 23(1): 495–508.
[7] Caballero R J, Lyons R K. Internal versus external economies in European industry[J]. European Economic Review, 1990, 34(4): 805-826.
[8] Choi J Y, Yu E S H. External economies in the international trade theory: a survey[J]. Review of International Economics, 2002, 10(4): 708-728.
[9] Suga N. A monopolistic-competition model of international trade with external economies of scale[J]. The North American Journal of Economics and Finance, 2007, 18(1): 77-91.
[10] Claver N D, Castejón C F, Gracia F S. External economies as a mechanism of agglomeration in EU manufacturing[J]. Applied Economics, 2012, 44(34): 4421-4438.
[11] Opricovic S, Tzeng G H. Extended VIKOR method in comparison with outranking methods [J]. European Journal of Operational Research, 2007, 178(2): 514-529.
[12] Sanayei A, Farid Mousavi S, Yazdankhah A. Group decision making process for supplier selection with VIKOR under fuzzy environment[J]. Expert Systems with Applications, 2010, 37(1): 24-30.
[13] Opricovic S. Fuzzy VIKOR with an application to water resources planning[J]. Expert Systems with Applications, 2011, 38(10): 12983-12990.
[14] Kuo M S, Liang G S. Combining VIKOR with GRA techniques to evaluate service quality of airports under fuzzy environment[J]. Expert Systems with Applications, 2011, 38(3): 1304-1312.
[15] http://en.wikipedia.org/wiki/VIKOR_method
Author Information
  • Business College of Honghe University, Mengzi County, Yunnan Province, 661100, China

  • College of Life Science and Technology, Honghe University, Mengzi County, Yunnan Province, 661100, China

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  • APA Style

    Yanlin Qu, Yilan Su. (2014). Evaluation on External Economies of Renewable Energy Resource Utilization: Taken Wind Power Engineering Project as Example. Science Journal of Energy Engineering, 3(4-1), 1-5. https://doi.org/10.11648/j.sjee.s.2015030401.11

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    ACS Style

    Yanlin Qu; Yilan Su. Evaluation on External Economies of Renewable Energy Resource Utilization: Taken Wind Power Engineering Project as Example. Sci. J. Energy Eng. 2014, 3(4-1), 1-5. doi: 10.11648/j.sjee.s.2015030401.11

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    AMA Style

    Yanlin Qu, Yilan Su. Evaluation on External Economies of Renewable Energy Resource Utilization: Taken Wind Power Engineering Project as Example. Sci J Energy Eng. 2014;3(4-1):1-5. doi: 10.11648/j.sjee.s.2015030401.11

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  • @article{10.11648/j.sjee.s.2015030401.11,
      author = {Yanlin Qu and Yilan Su},
      title = {Evaluation on External Economies of Renewable Energy Resource Utilization: Taken Wind Power Engineering Project as Example},
      journal = {Science Journal of Energy Engineering},
      volume = {3},
      number = {4-1},
      pages = {1-5},
      doi = {10.11648/j.sjee.s.2015030401.11},
      url = {https://doi.org/10.11648/j.sjee.s.2015030401.11},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.sjee.s.2015030401.11},
      abstract = {Different wind power projects have different external economics level, the practical evaluation on which can provide reference for wind power projects selection and qualify the role of completed projects. In this paper, the external economies of wind power engineering projects were evaluated by employing VIKOR method. The basic theory of VIKOR method was firstly introduced, and then the empirical evaluation was performed. After the evaluation index system was built from environmental, social and economic aspects, the external economies of three selected wind power engineering projects in Hebei province were studied. The evaluation result shows the external economies of wind power project #3 are the best one. The application of VIKOR method in external economies evaluation of wind power project is effective and feasible.},
     year = {2014}
    }
    

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    T1  - Evaluation on External Economies of Renewable Energy Resource Utilization: Taken Wind Power Engineering Project as Example
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    AU  - Yilan Su
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    JF  - Science Journal of Energy Engineering
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    UR  - https://doi.org/10.11648/j.sjee.s.2015030401.11
    AB  - Different wind power projects have different external economics level, the practical evaluation on which can provide reference for wind power projects selection and qualify the role of completed projects. In this paper, the external economies of wind power engineering projects were evaluated by employing VIKOR method. The basic theory of VIKOR method was firstly introduced, and then the empirical evaluation was performed. After the evaluation index system was built from environmental, social and economic aspects, the external economies of three selected wind power engineering projects in Hebei province were studied. The evaluation result shows the external economies of wind power project #3 are the best one. The application of VIKOR method in external economies evaluation of wind power project is effective and feasible.
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