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Sustainability 2015, 7(5), 4783-4805; doi:10.3390/su7054783

External Benefit Evaluation of Renewable Energy Power in China for Sustainability

School of Economics and Management, North China Electric Power University, Beijing 102206, China
School of Natural Resources and Environment, University of Michigan, Ann Arbor, MI 48109-1041, USA
Author to whom correspondence should be addressed.
Academic Editor: Marc A. Rosen
Received: 15 February 2015 / Revised: 8 April 2015 / Accepted: 10 April 2015 / Published: 23 April 2015
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China’s renewable energy power has developed rapidly in recent years. Evaluating the external benefits of renewable energy power can provide a reference for the Chinese government to set diverse development goals and to implement differentiated supporting policies for different renewable energy power types, which can promote their sustainable development. In this paper, a hybrid MCDM method was applied to evaluate the external benefits of China’s renewable energy power. Firstly, the impacts of renewable energy power accessing the power grid for multiple stakeholders in the electric power system were analyzed. Secondly, the external benefit evaluation index system for renewable energy power was built from the economic, social and environmental factors, based on the concept of sustainability. Then, the basic theory of the hybrid MCDM method employed in this paper was introduced in two parts: the superiority linguistic ratings and entropy weighting method for index weight determination and the fuzzy grey relation analysis for ranking alternatives. Finally, the external benefits of wind power, solar PV power and biomass power were evaluated. Taking a regional electric power system as an example, the results show that PV power has the greatest external benefit, followed by wind power and biomass power. Therefore, more policies supporting PV power should be put in place to promote the harmonious and sustainable development of the whole renewable energy power industry. View Full-Text
Keywords: renewable energy power; external benefit evaluation; hybrid MCDM method; China; sustainability renewable energy power; external benefit evaluation; hybrid MCDM method; China; sustainability

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Zhao, H.; Guo, S. External Benefit Evaluation of Renewable Energy Power in China for Sustainability. Sustainability 2015, 7, 4783-4805.

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