Multi-criteria Assessment of the Smart Grid Efficiency Using the Fuzzy Analytic Hierarchy Process

Abstract

In this paper, the key performance indicators related to the smart grid efficiency, as the key factor of any energy management system implementation have been analysed. The authors are proposing multi-criteria fuzzy AHP methodology for the determination of overall smart grid efficiency. Four criteria (technology, costs, user satisfaction, and environmental protection) and seven performances (according to EU and US initiatives for analysis of benefits and effects of smart grid systems) for the selection of optimal smart grid project are defined. The analysis shows that the dominant performances of the optimal smart grid project are efficiency, security and quality of supply. The methodology is illustrated on the choice of smart grid development strategy for the medium size power distribution company.