In this section, you can access to the latest technical information related to the FUTURE project topic.

Evaluating the strategies of compressed natural gas industry using an integrated SWOT and MCDM approach

Out of available alternate fuels compressed natural gas (CNG) is the one which is meeting the maximum needs of countries worldwide, who want to switch over to alternate fuels. However, despite the fact that CNG are often seen as a panacea by policy-makers, there are a number of barriers to their widespread market penetration and diffusion. This paper aims to evaluate the internal and external environment of CNG industry in Iran applying SWOT (strengths, weaknesses, opportunities and threats) analysis and prioritizing the strategies for stimulating the growth of Iranian CNG market. Based on SWOT analysis nine strategies were suggested. Strategy prioritization to promote the development of CNG economy in Iran is a typical multiple criteria decision-making (MCDM) problem. To deal with the ambiguity associated with the judgments of decision-makers, a modified Fuzzy Goal Programing (GP) is used as an evaluation tool, where uncertainties of the decisions are translated into fuzzy numbers. The suggested technique is not limited to Iran, and it is a generic practice that can also be applied to evaluate the CNG market in other countries.

» Author: Albert Ping Chuen Chan, Amos Darko, Ayokunle Olubunmi Olanipekun, Ernest Effah Ameyaw

» Reference: Journal of Cleaner Production, Volume 172

» Publication Date: 20/01/2018

» Source: ScienceDirect - GPP

« Go to Technological Watch



AIMPLAS Instituto Tecnológico del Plástico

C/ Gustave Eiffel, 4
(València Parc Tecnològic) - 46980
PATERNA (Valencia) - SPAIN

PHONE

(+34) 96 136 60 40

EMAIL

Project Management department - Sustainability and Industrial Recovery
life-future-project@aimplas.es