EURO 2024 Copenhagen
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1222. Renewable Fuels in Transport: An Analysis of Market Development Barriers

Invited abstract in session WB-47: MCDA in energy, stream Multiple Criteria Decision Analysis.

Wednesday, 10:30-12:00
Room: 50 (building: 324)

Authors (first author is the speaker)

1. Ali Ebadi Torkayesh
Decision Analysis and Socio-Economic Assessment, RWTH Aachen
2. Sepehr Hendiani
School of Business and Economics, Chair of Operations Management, RWTH Aachen University
3. Grit Walther
School of Business and Economics, Chair of Operations Management, RWTH Aachen University
4. Sandra Venghaus
Decision Analysis and Socio-Economic Assessment, RWTH Aachen

Abstract

Aligned with the EU, Germany aims to reduce its GHG emissions by 65% compared to the 1990 levels, with the objective of reaching climate neutrality by 2045. While most sectors have achieved a notable decline in GHG emissions, measures to reduce emissions in the transport sector have proven largely insufficient. A key challenge for decarbonizing the transport sector remains the dominating role of fossil fuels in the current GHG emissions level. Thus, the adoption of renewable fuels is of high significance for meeting the climate targets. Renewable fuels, e.g., power-to-x, advanced biofuels, hydrogen are supported by the Renewable Energy Directive III, where the objective is to meet a minimum share of 5.5% in European energy consumption in the transport sector by 2030. Despite the advantages of renewable fuels, various economic, environmental, technical, regulatory, and social challenges exist to their adoption and diffusion. To investigate the importance of the barriers and their interactions from a system perspective, an analytical approach is developed based on the decision making trial and evaluation laboratory, K-means algorithm, the maximum mean de-entropy algorithm, interpretive structural modeling, and a ranking multi-criteria decision analysis method with Type-2 Neutrosophic Numbers. Insufficient renewable energy policies and lack of coordination in the supply chain are identified as the main system barriers.

Keywords

Status: accepted


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