WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 15, 2018
Electricity Generation Technologies and Sustainability: The Case of Decentralized Generation
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Abstract: In the relevant literature, distributed energy generation (DG) technologies are usually seen as sustainable system innovations which can contribute to the achievement of the key goals of sustainable development in the technology system of power generation and consumption. Despite the intensive research and regulatory efforts, nor the sustainability advantages of distributed technologies over traditional, centralized plants, nor their ability to induce systemic changes in the existing technological regime leading to the appearance of a new power regime consistent with the key requirements of sustainable development have been justified. The aim of this paper is to analyze whether it is possible to define renewable-based power plants and distributed energy generation technologies as the most favorable, disruptive power generation technologies in terms of sustainability by examining twenty electricity and cogeneration technology groups in a proposed multi-criteria sustainability assessment framework and decision model elaborated by the author.
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Keywords: sustainable development, electricity generations technologies, indicator system, sustainability ranking, cluster analysis
Pages: 143-161
WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 15, 2018, Art. #15