Risk and uncertainty in the production of energy plants
Risk and uncertainty in the production of energy plants
Author(s): Marcin RabeSubject(s): Economy, Business Economy / Management, Energy and Environmental Studies
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: risk and uncertainty; energy plants; multicriteria method
Summary/Abstract: The study is devoted to the presentation of the concept of risk and uncertainty accompanying the production of energy crops. The problem with risk assessment and uncertainty is often the difficulty of expressing them in numerical terms. In order to avoid risk and uncertainty, it is necessary to set the criteria and objectives of the activity before proceeding with energy crop production planning. The aim of the study is to try to provide this gap, using energy plants for planning in any area. Multicriteria methods minimize the risk of plant production for energy purposes. If we can not determine the probability of occurrence of certain phenomena and their inclusion in the model, we are not able to determine how well the solutions resulting from the models are accurate and what is the probability of their implementation in the specific conditions of the farm. The research material in the article is taken from many sources, both domestic and foreign, including Empirical data from Eurostat, OECD and GUS, scientific institutes of energy and fuels, regional energy institutions.
Journal: European Journal of Service Management
- Issue Year: 28/2018
- Issue No: 4/1
- Page Range: 263-272
- Page Count: 10
- Language: English