{"title":"A Novel Fuzzy Model for Knowledge-Driven Process Optimization in Renewable Energy Projects","authors":"Chicheng Huang, Serhat Yüksel, Hasan Dinçer","doi":"10.1007/s13132-024-02074-w","DOIUrl":null,"url":null,"abstract":"<p>This study is aimed at identifying key indicators to increase knowledge-based process optimization for renewable energy projects. Within this context, a novel fuzzy decision-making model is introduced that has two different stages. The first stage is related to the weighting of the knowledge-based determinants of process optimization in investment decisions by using quantum picture fuzzy rough sets (QPFR)-based multi-step wise weight assessment ratio analysis (M-SWARA). On the other side, the second stage consists of ranking the investment alternatives for process optimization in renewable energy projects via the QPFR-based technique for order preference by similarity (TOPSIS) methodology. The main contribution of this study is that a priority analysis is conducted for information-based factors affecting the performance of renewable energy projects. This situation provides an opportunity for the investments to implement appropriate strategies to increase the optimization of these investments. It is concluded that quality is the most essential indicator with respect to the process optimization of these projects. It can be possible to increase the efficiency of these projects by using better quality products. Innovation has an important role in ensuring the use of quality products in environmental sustainability. Owing to new technologies, it is easier to use more effective and innovative products. This condition also contributes to increasing the efficiency of the energy production process. Furthermore, the findings also denote that the most appropriate energy innovation alternative is the variety of clean energy sources. By focusing on different clean energy alternatives, the risk of interruptions in energy generation can be minimized. In other words, the negative impact of climatic conditions on energy production can be lowered significantly with the help of this situation.</p>","PeriodicalId":47435,"journal":{"name":"Journal of the Knowledge Economy","volume":"82 1","pages":""},"PeriodicalIF":4.0000,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the Knowledge Economy","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s13132-024-02074-w","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This study is aimed at identifying key indicators to increase knowledge-based process optimization for renewable energy projects. Within this context, a novel fuzzy decision-making model is introduced that has two different stages. The first stage is related to the weighting of the knowledge-based determinants of process optimization in investment decisions by using quantum picture fuzzy rough sets (QPFR)-based multi-step wise weight assessment ratio analysis (M-SWARA). On the other side, the second stage consists of ranking the investment alternatives for process optimization in renewable energy projects via the QPFR-based technique for order preference by similarity (TOPSIS) methodology. The main contribution of this study is that a priority analysis is conducted for information-based factors affecting the performance of renewable energy projects. This situation provides an opportunity for the investments to implement appropriate strategies to increase the optimization of these investments. It is concluded that quality is the most essential indicator with respect to the process optimization of these projects. It can be possible to increase the efficiency of these projects by using better quality products. Innovation has an important role in ensuring the use of quality products in environmental sustainability. Owing to new technologies, it is easier to use more effective and innovative products. This condition also contributes to increasing the efficiency of the energy production process. Furthermore, the findings also denote that the most appropriate energy innovation alternative is the variety of clean energy sources. By focusing on different clean energy alternatives, the risk of interruptions in energy generation can be minimized. In other words, the negative impact of climatic conditions on energy production can be lowered significantly with the help of this situation.
期刊介绍：
In the context of rapid globalization and technological capacity, the world’s economies today are driven increasingly by knowledge—the expertise, skills, experience, education, understanding, awareness, perception, and other qualities required to communicate, interpret, and analyze information. New wealth is created by the application of knowledge to improve productivity—and to create new products, services, systems, and process (i.e., to innovate). The Journal of the Knowledge Economy focuses on the dynamics of the knowledge-based economy, with an emphasis on the role of knowledge creation, diffusion, and application across three economic levels: (1) the systemic ''meta'' or ''macro''-level, (2) the organizational ''meso''-level, and (3) the individual ''micro''-level. The journal incorporates insights from the fields of economics, management, law, sociology, anthropology, psychology, and political science to shed new light on the evolving role of knowledge, with a particular emphasis on how innovation can be leveraged to provide solutions to complex problems and issues, including global crises in environmental sustainability, education, and economic development. Articles emphasize empirical studies, underscoring a comparative approach, and, to a lesser extent, case studies and theoretical articles. The journal balances practice/application and theory/concepts.
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