Uncertainty management in risk assessment of offshore energy structures

U. Okoro, A. Kolios

Research output: Chapter in Book/Report/Conference proceedingConference contribution book

Abstract

Prioritization of component of offshore system for intervention based on Multi-Criteria Decision Analysis technique is significantly influenced by the weights of criteria. Unfortunately, almost all known process of weight elicitation suffers one form of uncertainty or another. The situation becomes more challenging when finding weights for criteria considered ingeneric sense: weights have to be adapted each time a new and different structure is investigated. This paper describes the process of dealing with such challenges and other sources of uncertainty in MCDA process. First it gives a clear interpretation of weight and proposes SWING methodology based on simplicity and transparency. Swing method reflects on the criterion-specific scores elicited for the alternative to determine appropriate weights for the criteria, thus is suitable for handling such situation. The process is demonstrated on a case study of a wave energy converter for indicative purpose only. The result shows prospect for large scale application.

LanguageEnglish
Title of host publicationProgress in Renewable Energies Offshore
Subtitle of host publication Proceedings of 2nd International Conference on Renewable Energies Offshore, RENEW 2016
EditorsC. Guedes Soares
Place of PublicationLeiden
Pages759-766
Number of pages8
Publication statusPublished - 1 Jan 2016
Externally publishedYes
Event2nd International Conference on Renewable Energies Offshore, RENEW 2016 - Lisbon, Portugal
Duration: 24 Oct 201626 Oct 2016

Conference

Conference2nd International Conference on Renewable Energies Offshore, RENEW 2016
CountryPortugal
CityLisbon
Period24/10/1626/10/16

Fingerprint

Risk assessment
Decision theory
Transparency
Uncertainty

Keywords

  • offshore energy structures
  • risk asessment
  • uncertainty management

Cite this

Okoro, U., & Kolios, A. (2016). Uncertainty management in risk assessment of offshore energy structures. In C. Guedes Soares (Ed.), Progress in Renewable Energies Offshore: Proceedings of 2nd International Conference on Renewable Energies Offshore, RENEW 2016 (pp. 759-766). Leiden.
Okoro, U. ; Kolios, A. / Uncertainty management in risk assessment of offshore energy structures. Progress in Renewable Energies Offshore: Proceedings of 2nd International Conference on Renewable Energies Offshore, RENEW 2016. editor / C. Guedes Soares. Leiden, 2016. pp. 759-766
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Okoro, U & Kolios, A 2016, Uncertainty management in risk assessment of offshore energy structures. in C Guedes Soares (ed.), Progress in Renewable Energies Offshore: Proceedings of 2nd International Conference on Renewable Energies Offshore, RENEW 2016. Leiden, pp. 759-766, 2nd International Conference on Renewable Energies Offshore, RENEW 2016, Lisbon, Portugal, 24/10/16.

Uncertainty management in risk assessment of offshore energy structures. / Okoro, U.; Kolios, A.

Progress in Renewable Energies Offshore: Proceedings of 2nd International Conference on Renewable Energies Offshore, RENEW 2016. ed. / C. Guedes Soares. Leiden, 2016. p. 759-766.

Research output: Chapter in Book/Report/Conference proceedingConference contribution book

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Okoro U, Kolios A. Uncertainty management in risk assessment of offshore energy structures. In Guedes Soares C, editor, Progress in Renewable Energies Offshore: Proceedings of 2nd International Conference on Renewable Energies Offshore, RENEW 2016. Leiden. 2016. p. 759-766