Selection of an Electricity Tariff Plan for Mini-Grid Business Models: an Intuitionistic Fuzzy Axiomatic Design Approach

Moses Olubayo Babatunde, Desmond Eseoghene Ighravwe, Peter Oluseyi, Daniel Mashao

Research output: Contribution to journalArticlepeer-review

7 Citations (Scopus)

Abstract

This article proposes a conceptual framework that used mini-gird business models (MBMs) to rank electricity tariff plans. The framework combines intuitionistic fuzzy set (IFS), Criteria Importance Through Inter-criteria Correlation (CRITIC), fuzzy axiomatic design (FAD) and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS). It considered when decision-makers specify or did not specify for MBM’s requirements. Also, this article considered uncertainty in decision-makers information. The framework applicability was showed using information obtained from Sub-Sahara Africa. Five decision-makers provided information for the model implementation based on a well-structured questionnaire. The CRITIC method results showed that least and most important MBM are community-based and private MBMs, respectively. The IFS-FAD method identified time-based electricity tariff plan as the best suitable for the case study, while the IFS-TOPSIS method identified flexible best electricity tariff plans for the case study, respectively. However, both methods identified flat-rate as the least suitable plan. The proposed framework will provide mini-grid business owners with relevant information for energy tariff selection.

Original languageEnglish
Article number4
JournalTechnology and Economics of Smart Grids and Sustainable Energy
Volume5
Issue number1
DOIs
Publication statusPublished - 1 Dec 2020

Keywords

  • Business model
  • CRITIC
  • Energy tariff
  • IFS-FAD
  • IFS-TOPSIS

ASJC Scopus subject areas

  • Renewable Energy, Sustainability and the Environment
  • Energy (miscellaneous)
  • Economics and Econometrics
  • Electrical and Electronic Engineering

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