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Multiple criteria decision making (MCDM) based economic analysis of solar PV system with respect to performance investigation for Indian market

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dc.citedby36
dc.contributor.authorPadmanathan K.en_US
dc.contributor.authorGovindarajan U.en_US
dc.contributor.authorRamachandaramurthy V.K.en_US
dc.contributor.authorSudar Oli Selvi T.en_US
dc.contributor.authorid57194393495en_US
dc.contributor.authorid6603473566en_US
dc.contributor.authorid6602912020en_US
dc.contributor.authorid57194393283en_US
dc.date.accessioned2023-05-29T06:38:36Z
dc.date.available2023-05-29T06:38:36Z
dc.date.issued2017
dc.descriptionanalytical hierarchy process; decision making; demand analysis; economic analysis; electricity; energy market; energy resource; life cycle; performance assessment; photovoltaic system; renewable resource; Indiaen_US
dc.description.abstractEnergy market is subject to changing energy demands on a daily basis. The increasing demand for energy necessitates the use of renewable sources and promotes decentralized generation. Specifically, solar PV is preferred in the energy market to meet the increasing energy demand. New approaches are preferred in the economic analysis to simulate multiple actor interplays and intermittent behavior in order to predict the increasing complexity in solar PV. In the Indian society, there are various myths and perceptions regarding economics of electricity generated through solar PV system. Therefore, this paper will address the various Life Cycle Cost Analysis (LCCA) and economic analysis for all types of consumers in the Indian electricity market. A detailed economic and performance study is made by considering ten categories and seven sub categories of investment plan for 1 MW solar projects using Multi Criteria Decision Making (MCDM). Analytic Hierarchy Process (AHP) is applied to support the decision. � 2017 by the authors.en_US
dc.description.natureFinalen_US
dc.identifier.ArtNo820
dc.identifier.doi10.3390/su9050820
dc.identifier.issue5
dc.identifier.scopus2-s2.0-85019945922
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85019945922&doi=10.3390%2fsu9050820&partnerID=40&md5=144215925ed1d2e4b5d42cc1a8908ea4
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/23228
dc.identifier.volume9
dc.publisherMDPIen_US
dc.relation.ispartofAll Open Access, Gold, Green
dc.sourceScopus
dc.sourcetitleSustainability (Switzerland)
dc.titleMultiple criteria decision making (MCDM) based economic analysis of solar PV system with respect to performance investigation for Indian marketen_US
dc.typeArticleen_US
dspace.entity.typePublication
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