A new MCDM method in transmission network planning based on gray correlation degree and TOPSIS

Author

Liguo, Fan ; Yanhong, Li

Author_Institution

Sch. of Bus. Adm., North China Electr. Power Univ., Baoding

fYear

2008

fDate

16-18 July 2008

Firstpage

462

Lastpage

467

Abstract

Aiming at solving multi-criteria decision (MCDM) problems in transmission network planning, a new decision-making method based on gray correlation degree and TOPSIS is proposed. On the basis of introducing the concept of gray correlation degree into traditional TOPSIS, it combines the Euclidean distance with gray correlation degree and establishes a new kind of relative similarity degree to decide the quality of alternatives. The method could overcome error originated from biased thinking due to subjective and objective factors in decision-making problem when using single method and boosts up reliability of evaluation result in transmission network planning.

Keywords

decision making; geometry; grey systems; power transmission planning; Euclidean distance; MCDM method; TOPSIS; gray correlation degree; multi-criteria decision problems; transmission network planning; Decision making; Electronic mail; Euclidean distance; Power generation; Power markets; Power system planning; Power system reliability; Routing; Shape; Technological innovation; Euclidean distance; Gray correlation degree; Multi-criteria decision making; Relative similarity degree; TOPSIS; Transmission network planning;

fLanguage

English

Publisher

ieee

Conference_Titel

Control Conference, 2008. CCC 2008. 27th Chinese

Conference_Location

Kunming

Print_ISBN

978-7-900719-70-6

Electronic_ISBN

978-7-900719-70-6

Type

conf

DOI

10.1109/CHICC.2008.4605050

Filename

4605050