MULTI-CRITERIA ANALYSIS OF INVESTMENT EFFICIENCY IN ENERGY SAVING: AN ANALYTIC HIERARCHY PROCESS APPROACH
Keywords:
energy saving, multi-criteria analysis, efficiency of energy saving investments, ecological-economic efficiency indicators, analytic hierarchy process approach.Abstract
Multi-criteria analysis approaches of investment efficiency in energy saving measures in buildings have been improved by taking into account economic, social, ecological and technical criteria. Developed hierarchy of criteria combines quantitative and qualitative indicators in the investment decision making process. This model has a modular implementation, which makes it possible to adapt the model considering limits of information provision, time budget and funds of a particular investment project. Application of the proposed multicriteria assessment allows choosing among the possible alternatives energy saving measures, which, in addition to obtaining financial benefits, will reduce the negative flow of the environment and will not have negative impacts on human health. Developed methodological approaches to assessing the environmental and economic efficiency of investment can be applied in conducting tenders, as well as, in investment decision making process or financial incentives for projects.References
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