Comparing electricity generation technologies based on multiple criteria scores from an expert group Euan Mearns*1 and Didier Sornette1.2 ETH Zurich 1Department of Management, Technology and Economics Scheuchzerstrasse 7 , CH-8092 Zurich, Switzerland 2Institute of Risk Analysis, Prediction and Management (Risks-X), Academy for Advanced Interdisciplinary Studies, Southern University of Science and Technology (SUSTech), Shenzhen, 518055, China
[email protected] [email protected] * Corresponding author. Highlights: • 13 common electricity generation technologies were evaluated using multi criteria decision analysis (MCDA) where values were assigned by the expert judgment of a professional group. • A hierarchical scheme of 12 criteria organized into 5 categories of health, environment, grid, economics and resources was used to provide a holistic measure of energy quality. • The three leading technologies to emerge are nuclear power, combined cycle gas and hydroelectric power. The three trailing technologies are solar PV, biomass and tidal lagoon. • Our findings are consistent with the baseline cost approach of the 2004-2009 EU funded NEEDS project but contrast sharply with the MCDA survey of the same project that found CaTe solar PV and solar thermal power to be the most promising technologies for central Europe. Abstract: Multi criteria decision analysis (MCDA) has been used to provide a holistic evaluation of the quality of 13 electricity generation technologies in use today. A group of 19 energy experts cast scores on a scale of 1 to 10 using 12 quality criteria – based around the pillars of sustainability – society, environment and economy - with the aim of quantifying each criterion for each technology. The total mean score is employed as a holistic measure of system quality.