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Energy Cooperatives as an Application of Microgrids : Multi-Criteria Decision Support for Investment Decisions

Title data

Fridgen, Gilbert ; Gründler, Anna ; Rusic, Milos:
Energy Cooperatives as an Application of Microgrids : Multi-Criteria Decision Support for Investment Decisions.
2015
Event: Energy Informatics & Management 2015 , 19.06.2015 , Rotterdam, Niederlande.
(Conference item: Conference , Speech )

Official URL: Volltext

Abstract in another language

The future of energy generation is expected to become increasingly decentralized. Today, many customers are already more than demand units, they also act as energy producers (prosumers) and thus active participants in the energy market. The development of energy cooperatives in recent years undermines this observation. Information and communication technologies (ICT) enable management of energy cooperatives by incorporating smart meter data and energy generation data. This paper presents a MAUT-based multi-criteria decision artifact to provide decision support for energy cooperatives based on microgrids when deciding about an investment in new supply units. The findings of the literature analysis point out that energy cooperatives have economic, ecologic and social goals. However, each cooperative weights the identified goals differently according to its preferences. Within our decision artifact we define measures for the fulfilment of the goals including available data. Thus, the utility for each criterion is calculated and aggregated to an index reflecting the total utility of each new investment, e.g. the utility by an additional photovoltaic plant in the cooperative. Furthermore, we test the developed model with real-world data. The results indicate that our artifact provides useful decision support for energy cooperatives.

Further data

Item Type: Conference item (Speech)
Refereed: Yes
Keywords: Energy Cooperatives; Microgrid; Decision Support Systems (DSS); MCDA; Sustainability
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management > Professorship Business Informations Systems and sustainable IT management- Univ.-Prof. Dr. Gilbert Fridgen
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Faculties
Faculties > Faculty of Law, Business and Economics
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 30 Nov 2015 10:09
Last Modified: 17 Apr 2018 07:14
URI: https://eref.uni-bayreuth.de/id/eprint/23409