Valuation of Internet of Energy (IoE) Platforms in Smart Cities: A Hybrid Multi-Criteria Decision Making Approach

Abstract

A smart city is a place where people live using computing, sensing, and networking technology in a variety of ways, including smart buildings, smart homes, smart transportation, smart workplaces, smart offices, smart industries, and smart agriculture. These smart technologies need to connect so; we need to use the Internet of Things (IoT) that has applications in many areas of our smart lives. IoT has been used due to the growing usage of renewable energy sources and the challenges of network management. Internet of Energy (IoE) integrates the IoT and smart grid capabilities. The basic role of smart grids or IoE is an essential element in creating smart cities. In this work, we present some IoE platforms that represent the alternatives and their criteria. The proposed study treats the uncertainty of multi-criteria decision-making (MCDM) modified by single value triangular neutrosophic number (SVTrN) by choosing the optimal IoE platform based on the criteria importance through inter-criteria correlation (CRITIC) method and multi-attributive ideal-real comparative analysis (MAIRCA). The proposed model proved its effectiveness by applying it to an experimental case. The results show that the DCC (A3) platform is the best one.