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Developing Oregon’s renewable energy portfolio using fuzzy goal programming model

✍ Scribed by Tugrul U. Daim; Gulgun Kayakutlu; Kelly Cowan


Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
319 KB
Volume
59
Category
Article
ISSN
0360-8352

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✦ Synopsis


Renewable energy continues to be a hot topic in the United States affecting security and sustainability. A model to create renewable energy portfolio is established using guidelines drawn by Oregon's Renewable Portfolio Standard (RPS) legislation with the objective of responding to a 25% of the state electricity demand by renewable resources in 2025. The fuzzy goal programming model is adaptable to accommodate changes in energy costs and future advances in technology maturity. It can also take into consideration the preferences of policy-makers and stakeholders. This model can help to reveal the costs and benefits of complex decisions regarding renewable energy.