Serbian Hydropower Plants Selection Based on Elementary Turbine Parameters Using Multi- Criteria Decisions Making

Radjenovic, Zarko and Boskov, Tatjana and Pantic, Anđela (2017) Serbian Hydropower Plants Selection Based on Elementary Turbine Parameters Using Multi- Criteria Decisions Making. In: International Scientific Conference EMAN 2017 "Economics & Management: Globalization Challenges", 30 March 2017, Ljubljana, Slovenia.

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The problem of electricity deficit and inadequate utilization of existing water
facilities, as well as insufficient analysis of hydro potential of Serbia, has led to the emergence
of increasing electricity imports. Specifically, policy makers of power industry should pay more
attention to global trends in the production of electricity. There are primarily related to
increase production by building small, local hydropower plant, which will meet the needs with
its potential at a micro level. This is achieved not only reducing the distribution network losses
and costs of electricity distribution, but also large hydro centers relieve pressure of insufficient
capacity to supply the whole region and even country. Unused hydro potential and consequently
electricity purchasing raise its price so the efficiency of existing hydro system is questionable.
The subject of this paper is therefore efficiency analysis of existing hydropower plants and their selection and ranking, based on key technical and production characteristics. The selection of
these hydropower plants will be implemented by the method of multi-criteria decision-making
based on the software Expert Choice. The software uses AHP method (Analytical Hierarchy
Process) for determining the mutual importance of given criteria and their priorities and
subsequent ranking of alternatives. This software has the possibility to conduct sensitivity
analysis and visualization based on a simple interactive mode, shift the weight of criteria and
alternatives. Also, it allows decision makers priority sorting alternatives in order to choose the
best possible solution, in this case the most efficient model hydropower plants in Serbia.

Item Type: Conference or Workshop Item (Paper)
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 14 Aug 2017 13:18
Last Modified: 14 Aug 2017 13:18

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