Hybrid critic-topsis model for prioritizing digitally developed countries in the light of energy indicators
Апстракт
Digital progress of the society is associated with trends in energetic sector. The top ten digitally developed European countries, according to the most recent ICT development index report in 2017, were chosen as testing countries to conduct a deeper investigation on the issue of energy production and consumption in the digital era. Data on (1, 2) coal and oil-fired electricity generation, (3) share of GHG emissions from energy production, (4) final electricity consumption in industry, (5) final electricity consumption in households, and (6) energy intensity were included in the initial database. For determining criteria weights and final ranking of alternatives, a hybrid CRITIC-TOPSIS MCDM model was utilized. The CRITIC approach was used to calculate objective weights of criteria by employing standard deviation to measure the contrast strength of each criterion. The findings highlight the dominance of three criteria in comparison to others: energy intensity (wei = 0.200), share of GHG... emissions in total energy production (weGHG = 0.198), and ultimate energy consumption in households (wfch = 0.194). The TOPSIS approach was used to complete the final ranking. Switzerland, Luxembourg, and Sweden were ranked first, second, and third, respectively, in terms of advanced digitalization performance and awareness of the need of providing green energy for economic activity.
Кључне речи:
energy / digitalization / multi-criteria decision-making / CRITIC-TOPSISИзвор:
Book of Proceedings of the International May Conference on Strategic Management – IMCSM22, 2022, 264-277Издавач:
- University of Belgrade - Technical Faculty in Bor
Финансирање / пројекти:
- Ministarstvo prosvete, nauke i Tehnološki razvoj kroz Matematički institut Srpske akademije nauke i umetnosti.
Колекције
Институција/група
Mašinski fakultetTY - CONF AU - Petkoviski, Ivana AU - Mihajlović, Ivan AU - Fedajev, Aleksandra PY - 2022 UR - https://machinery.mas.bg.ac.rs/handle/123456789/4855 AB - Digital progress of the society is associated with trends in energetic sector. The top ten digitally developed European countries, according to the most recent ICT development index report in 2017, were chosen as testing countries to conduct a deeper investigation on the issue of energy production and consumption in the digital era. Data on (1, 2) coal and oil-fired electricity generation, (3) share of GHG emissions from energy production, (4) final electricity consumption in industry, (5) final electricity consumption in households, and (6) energy intensity were included in the initial database. For determining criteria weights and final ranking of alternatives, a hybrid CRITIC-TOPSIS MCDM model was utilized. The CRITIC approach was used to calculate objective weights of criteria by employing standard deviation to measure the contrast strength of each criterion. The findings highlight the dominance of three criteria in comparison to others: energy intensity (wei = 0.200), share of GHG emissions in total energy production (weGHG = 0.198), and ultimate energy consumption in households (wfch = 0.194). The TOPSIS approach was used to complete the final ranking. Switzerland, Luxembourg, and Sweden were ranked first, second, and third, respectively, in terms of advanced digitalization performance and awareness of the need of providing green energy for economic activity. PB - University of Belgrade - Technical Faculty in Bor C3 - Book of Proceedings of the International May Conference on Strategic Management – IMCSM22 T1 - Hybrid critic-topsis model for prioritizing digitally developed countries in the light of energy indicators EP - 277 SP - 264 UR - https://hdl.handle.net/21.15107/rcub_machinery_4855 ER -
@conference{ author = "Petkoviski, Ivana and Mihajlović, Ivan and Fedajev, Aleksandra", year = "2022", abstract = "Digital progress of the society is associated with trends in energetic sector. The top ten digitally developed European countries, according to the most recent ICT development index report in 2017, were chosen as testing countries to conduct a deeper investigation on the issue of energy production and consumption in the digital era. Data on (1, 2) coal and oil-fired electricity generation, (3) share of GHG emissions from energy production, (4) final electricity consumption in industry, (5) final electricity consumption in households, and (6) energy intensity were included in the initial database. For determining criteria weights and final ranking of alternatives, a hybrid CRITIC-TOPSIS MCDM model was utilized. The CRITIC approach was used to calculate objective weights of criteria by employing standard deviation to measure the contrast strength of each criterion. The findings highlight the dominance of three criteria in comparison to others: energy intensity (wei = 0.200), share of GHG emissions in total energy production (weGHG = 0.198), and ultimate energy consumption in households (wfch = 0.194). The TOPSIS approach was used to complete the final ranking. Switzerland, Luxembourg, and Sweden were ranked first, second, and third, respectively, in terms of advanced digitalization performance and awareness of the need of providing green energy for economic activity.", publisher = "University of Belgrade - Technical Faculty in Bor", journal = "Book of Proceedings of the International May Conference on Strategic Management – IMCSM22", title = "Hybrid critic-topsis model for prioritizing digitally developed countries in the light of energy indicators", pages = "277-264", url = "https://hdl.handle.net/21.15107/rcub_machinery_4855" }
Petkoviski, I., Mihajlović, I.,& Fedajev, A.. (2022). Hybrid critic-topsis model for prioritizing digitally developed countries in the light of energy indicators. in Book of Proceedings of the International May Conference on Strategic Management – IMCSM22 University of Belgrade - Technical Faculty in Bor., 264-277. https://hdl.handle.net/21.15107/rcub_machinery_4855
Petkoviski I, Mihajlović I, Fedajev A. Hybrid critic-topsis model for prioritizing digitally developed countries in the light of energy indicators. in Book of Proceedings of the International May Conference on Strategic Management – IMCSM22. 2022;:264-277. https://hdl.handle.net/21.15107/rcub_machinery_4855 .
Petkoviski, Ivana, Mihajlović, Ivan, Fedajev, Aleksandra, "Hybrid critic-topsis model for prioritizing digitally developed countries in the light of energy indicators" in Book of Proceedings of the International May Conference on Strategic Management – IMCSM22 (2022):264-277, https://hdl.handle.net/21.15107/rcub_machinery_4855 .