Making Risk Evaluation for The Renewable Energy Investments in The Telecommunications Sector with SF TOP-DEMATEL Methodology

Authors

  • Serkan Eti IMU Vocational School, Istanbul Medipol University, Istanbul, Turkey.
  • Yaşar Gökalp School of Health, Istanbul Medipol University, Istanbul, Turkey.
  • Alexey Mikhaylov Faculty of Finance, Financial University under the Government of Russian Federation, Moscow, Russia.

DOI:

https://doi.org/10.62433/josdi.v1i1.11

Keywords:

Clean energy, renewable energy, risk evaluation, telecommunications sector, TOP-DEMATEL

Abstract

Energy has an important role in the telecommunications sector. Therefore, it would be advantageous  for telecommunication enterprises to produce their own energy. One of the best ways for these  companies to produce their energy is renewable energy. However, there are some risks for them to  make renewable energy investments. It is vital to manage these risks without incurring high costs.  Accordingly, the purpose of this study is to conduct a priority analysis of the critical risks of renewable  energy investment in the telecommunications sector. In this context, five different risks are analyzed  with the SF TOP DEMATEL method. As a result of the analysis, the provision of uninterrupted energy is  found as the most critical risk with the weight of 0.2093. Other important risks are defined as cost and  updateability. To meet the energy needs of the telecommunications sector by making renewable  energy investment, it would be appropriate to take action to ensure an uninterrupted energy supply.  For this purpose, hybrid energy models and energy storage technologies are reasonable solutions.

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Published

2023-12-29

How to Cite

Eti, S., Gökalp, Y., & Mikhaylov, A. (2023). Making Risk Evaluation for The Renewable Energy Investments in The Telecommunications Sector with SF TOP-DEMATEL Methodology. Journal of Sustainable Development Issues, 1(1), 13–22. https://doi.org/10.62433/josdi.v1i1.11

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Articles