International Transactions in Operational Research,
Journal Year:
2025,
Volume and Issue:
unknown
Published: Feb. 11, 2025
Abstract
This
paper
presents
a
two‐stage
model
for
planning
renewable
energy
portfolio
by
balancing
economic,
social
and
environmental
sustainability
goals.
The
first
stage
addresses
multi‐objective
problem
where
conflictive
impacts
generated
the
portfolios
should
be
optimised
according
to
corresponding
or
profile.
A
parametric
goal
programming
with
fuzzy
hierarchy
model,
an
alternative
weighted
lexicographic
models,
is
built.
second
stage,
comprising
three
steps,
identifies
best
mix
each
First,
preferential
weights
are
determined
economically
flexibly
decision‐maker
(DM)
using
extended
best‐worst
method.
Then,
valuation
process
applied
portfolio's
deviation
vectors,
transformed
vectors
ranked
technique
order
preference
similarity
ideal
solution
(TOPSIS)
Applied
Spain,
results
reveal
significant
conflict
in
profile,
especially
regarding
total
employment,
which
shows
greatest
disagreement
other
impacts.
In
contrast,
economic
profiles
exhibit
low
divergence
among
their
key
work
suggests
that
policymaking
requires
balanced
approach
and,
sometimes,
acceptance
of
unavoidable
trade‐offs
between
objectives.
Our
proposal
guides
search
strong
DM
intervention.
