Evaluating strategies for developing renewable energies considering economic, social, and environmental aspects: a case study.

Due to fast industrial expansion and the increasing population in Vietnam, this country is confronting a mounting lack of energy. While this country has considerable renewable energy (RE) potentials, including wind, solar, biomass, and hydropower sources, it has yet to exploit them entirely because of a lack of proper planning. This research aimed to find and assess solutions for encouraging RE growth in Vietnam. RE development solutions were formulated through SWOT analysis and evaluated in terms of their social, economic, and environmental dimensions. The SWARA approach weighed the strategy evaluation criteria. The most influential sub-criteria were initial investment cost, reduction of adverse environmental impacts, and natural capacity of the region, with weights of 0.155, 0.127, and 0.114, respectively. Strategy evaluation was performed using the Gray ARAS, and the results were validated with the Gray COPRAS, the Gray TOPSIS-G, and the Gray MABAC. In the strategy ranking, the top strategy is to reduce the cost of renewable power generation. This can be achieved by using advanced technologies and promoting cooperation between domestic and foreign industries and companies. Increasing domestic and foreign investment in RE infrastructure by providing financial facilities for investors, developing domestic and international cooperation, and creating a competitive environment between different companies to reduce electricity production costs were the most suitable strategies.

Blockchain Technology Application Challenges in Renewable Energy Supply Chain Management.

With the advent of new technologies and globalization of business, supply chains have turned into indispensable tools for gaining competitive advantage. The application of new technologies like blockchain can benefit sustainable energy supply chains by improving chain and logistics operations in the areas of trust, transparency and accountability, cooperation, information sharing, financial exchanges, and supply chain integration. However, the efforts to adopt such technologies in supply chains tend to face many challenges and challenges, which can seriously threaten their success. Therefore, it is crucial to carefully examine the challenges to blockchain technology application. This research focuses on identifying the criteria and challenges to the application of blockchain in renewable energy supply chains and also ranks the identified challenges in terms of their capacity to disrupt the process. The applicability of the suggested structure is examined in a case study of the renewable energy supply chain of Iran. In this study, the challenges are evaluated and ranked by the hybrid developed methods by the integration of the concept of gray numbers into the gray stepwise weight assessment ratio analysis (SWARA-Gray) and the gray evaluation based on distance from average solution (EDAS-Gray). Another group of hybrid methods including the gray weighted sum method (WSM-Gray), the gray complex proportional assessment (COPRAS-Gray), and the gray technique for order of preference by similarity to ideal solution (TOPSIS-Gray) is used to validate the results. The rankings obtained from all of these techniques show high degree of correlation. Among the identified challenges, "high investment cost" is found to be the most important challenge to the application of blockchain in sustainable energy supply chains.

Current trends and prospects of tidal energy technology.

Generation of energy across the world is today reliant majorly on fossil fuels. The burning of these fuels is growing in line with the increase in the demand for energy globally. Consequently, climate change, air contamination, and energy security issues are rising as well. An efficient alternative to this grave hazard is the speedy substitution of fossil fuel-based carbon energy sources with the shift to clean sources of renewable energy that cause zero emissions. This needs to happen in conjunction with the continuing increase in the overall consumption of energy worldwide. Many resources of renewable energy are available. These include thermal, solar photovoltaic, biomass and wind, tidal energy, hydropower, and geothermal. Notably, tidal energy exhibits great potential with regard to its dependability, superior energy density, certainty, and durability. The energy mined from the tides on the basis of steady and anticipated vertical movements of the water, causing tidal currents, could be converted into kinetic energy to produce electricity. Tidal barrages could channel mechanical energy, while tidewater river turbines can seize the energy from tidal currents. This study discusses the present trends, ecological effects, and the prospects for technology related to tidal energy.