Authors
Muhammad Amer, Antonie Jetter, Tugrul Daim
Publication date
2011/11/22
Journal
International Journal of Energy Sector Management
Volume
5
Issue
4
Pages
564-584
Publisher
Emerald Group Publishing Limited
Description
Purpose
The purpose of this paper is to explore a very new approach of creating scenarios with fuzzy cognitive maps (FCM); specifically to create scenarios for wind energy deployment.
Design/methodology/approach
In this paper a small exercise is conducted to illustrate the usefulness of FCM‐based scenarios.
Findings
Scenario‐based planning is often used in technology management and scenarios are generated to cater for uncertainty and facilitate development of responsive and robust strategic plans. Scenario analysis helps to identify different alternatives of the future state of technologies, needs, policies and environment. Scenario planning helps to overcome thinking limitations by presenting multiple futures. FCMs are based on causal cognitive maps and combine the benefits of both qualitative and quantitative analysis. Domain knowledge of multiple experts can be integrated into an FCM to present …
Total citations
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Scholar articles
M Amer, A Jetter, T Daim - International Journal of Energy Sector Management, 2011