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A Novel MS Excel Tool for Multi-Criteria Decision Analysis in Energy Systems

A Novel MS Excel Tool for Multi-Criteria Decision Analysis in Energy Systems

K. S. Sastry Musti, Marcio Van der Merwe
Copyright: © 2022 |Pages: 27
ISBN13: 9781668440124|ISBN10: 1668440121|ISBN13 Softcover: 9781668440131|EISBN13: 9781668440148
DOI: 10.4018/978-1-6684-4012-4.ch003
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MLA

Musti, K. S. Sastry, and Marcio Van der Merwe. "A Novel MS Excel Tool for Multi-Criteria Decision Analysis in Energy Systems." Optimal Planning of Smart Grid With Renewable Energy Resources, edited by Naveen Jain, et al., IGI Global, 2022, pp. 83-109. https://doi.org/10.4018/978-1-6684-4012-4.ch003

APA

Musti, K. S. & Van der Merwe, M. (2022). A Novel MS Excel Tool for Multi-Criteria Decision Analysis in Energy Systems. In N. Jain, J. Maherchandani, N. Agrawal, & T. Gupta (Eds.), Optimal Planning of Smart Grid With Renewable Energy Resources (pp. 83-109). IGI Global. https://doi.org/10.4018/978-1-6684-4012-4.ch003

Chicago

Musti, K. S. Sastry, and Marcio Van der Merwe. "A Novel MS Excel Tool for Multi-Criteria Decision Analysis in Energy Systems." In Optimal Planning of Smart Grid With Renewable Energy Resources, edited by Naveen Jain, et al., 83-109. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-6684-4012-4.ch003

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Abstract

Application of multi-criteria decision analysis (MCDA) methods to various aspects of energy systems is of significant interest. This chapter first proposes a simple yet user-friendly MS-Excel tool with four popular MCDA methods. The tool can be effectively used to apply MCDA techniques and to determine the rankings for the alternatives. This MS-Excel tool is made available on Mendeley data repository. The chapter explains the overall MCDA computational processes, algorithms, and provides details on using the tool itself with the help of two case studies to demonstrate its effectiveness and applicability.

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