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A Data Envelopment Analysis Model For Renewable Energy Technology Selection, Elif Kongar, Kurt A. Rosentrater
A Data Envelopment Analysis Model For Renewable Energy Technology Selection, Elif Kongar, Kurt A. Rosentrater
Kurt A. Rosentrater
Public and media interest in alternative energy sources, such as renewable fuels, has rapidly increased in recent years due to higher prices for oil and natural gas. However, the current body of research providing comparative decision making models that either rank these alternative energy sources and/or determine the best possible alternatives is still limited. This paper aims at filling this gap by proposing a Data Envelopment Analysis (DEA) model structure for ranking energy source alternatives under varying circumstances. The model considers both the economics of energy sources and additional environmental criteria such as CO2 emissions and damage cost. Numerical examples …
Modeling The Effects Of Value-Added Processing And Logistics Using Arena, Kurt A. Rosentrater, Elif Kongar
Modeling The Effects Of Value-Added Processing And Logistics Using Arena, Kurt A. Rosentrater, Elif Kongar
Kurt A. Rosentrater
Scarcity and cost of nonrenewable fossil fuels have been a growing focus of many energy-dependent nations, including the U.S., for the past couple of decades. There are mainly two ways to approach these problems: (1) reducing the energy dependency and/or (2) developing alternative means of energy production. Utilizing biofuels, which are renewable sources of energy, is a promising way to produce energy. But, as this industry grows, so too does the quantity of byproducts, which are known as DDGS. This paper discusses a model that has been developed to analyze the economic viability of DDGS processing, and includes both deterministic …