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02 May, 2025TESİAD and TESAM President at Khazar
01 May, 2025The Anniversary of “Dunya” School Celebrated with Grandeur
30 April, 2025Prof. Acad. Hamlet Isakhanli at the Event Dedicated to the 95th Anniversary of Academic Faramez Magsudov
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02 May, 2025Students at the Museum-Center of the House of Tolerance
01 May, 2025Kaspi Lyceum Students at “Khazar”
01 May, 2025Students Attend a Specialist Lecture

Scientific paper of Department of Economics and Management published in journal of Sustainability

Scientific article entitled “Selection of Renewables for Economic Regions with Diverse Conditions: The Case of Azerbaijan” by Prof. Mahammad Nuriyev, Vice-Rector for Academic Affairs, Dr. Jeyhun Mammadov, Dean of School of Economics and Management, Mr. Aziz Nuriyev, Ph.D. candidate at Azerbaijan State Oil and Industry University, and Mr. Joshgun Mammadov, Ph.D. candidate at Economics and Management Department of Khazar University was published in the world famous journal of Sustainability by Multidisciplinary Digital Publishing Institute (MDPI). The journal is indexed within SCIE and SSCI (Web of Science) and Scopus with an Impact Factor of 3.889 and a CiteScore of 5.0, respectively.

The article studies the specifics of the selection of renewables for regions of Azerbaijan with diverse conditions. Information is obtained through the analysis of the regions’ conditions and experts’ opinions. Analysis reveals that geographical position, diversity of natural resources, and a variety of other factors of the economic regions of the country require subdivision of these regions in the selection of renewables. Given that the selection of renewables is a multi-criteria decision-making (MCDM) task under a high degree of uncertainty, Z-number-based models have been developed, and Z-extension of the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) method has been used. In this article, results obtained for Karabakh and Guba Khachmaz economic regions are presented.

Results show that in the case of uneven distribution of renewables and significant differences in factors influencing decision-making, it is necessary to subdivide economic regions and use different models for the selection of renewables.

The article can be accessed through the following link:

https://www.mdpi.com/2071-1050/14/19/12548 

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