A qualitative multi-attribute model for the selection of the private hydropower plant investments in Turkey: By foundation of the search results clustering engine (Carrot2), hydropower plant clustering, DEXi and DEXiTree

Purpose: The electricity demand in Turkey has been increasing for a while. Hydropower is one of the major electricity generation types to compensate this electricity demand in Turkey. Private investors (domestic and foreign) in the hydropower electricity generation sector have been looking for the most appropriate and satisfactory new private hydropower investment (PHPI) options and opportunities in Turkey. This study aims to present a qualitative multi-attribute decision making (MADM) model, that is easy, straightforward, and fast for the selection of the most satisfactory reasonable PHPI options during the very early investment stages (data and information poorness on projects).Design/methodology/approach: The data and information of the PHPI options was gathered from the official records on the official websites. A wide and deep literature review was conducted for the MADM models and for the hydropower industry. The attributes of the model were identified, selected, clustered and evaluated by the expert decision maker (EDM) opinion and by help of an open source search results clustering engine (Carrot2) (helpful for also comprehension). The PHPI options were clustered according to their installed capacities main property to analyze the options in the most appropriate, decidable, informative, understandable and meaningful way. A simple clustering algorithm for the PHPI options was executed in the current study. A template model for the selection of the most satisfactory PHPI options was built in the DEXi (Decision EXpert for Education) and the DEXiTree software.Findings: The basic attributes for the selection of the PHPI options were presented and afterwards the aggregate attributes were defined by the bottom-up structuring for the early investment stages. The attributes were also analyzed by help of Carrot2. The most satisfactory PHPI options in Turkey in the big options data set were selected for each PHPI options cluster by the EDM evaluations in the DEXi.Originality/value: The recommended DEXi PHPI selection model by the search results clustering engine within a country wise case offered the possibility of easy, meaningful and satisfying continental or worldwide applications for the private investors and the international financial institutions such as the African Development Bank, or the World Bank was the main contribution.

Graph-Based Concept Clustering for Web Search Results

A search engine usually returns a long list of web search results corresponding to a query from the user. Users must spend a lot of time for browsing and navigating the search results for the relevant results. Many research works applied the text clustering techniques, called web search results clustering, to handle the problem. Unfortunately, search result document returned from search engine is a very short text. It is difficult to cluster related documents into the same group because a short document has low informative content. In this paper, we proposed a method to cluster the web search results with high clustering quality using graph-based clustering with concept which extract from the external knowledge source. The main idea is to expand the original search results with some related concept terms. We applied the Wikipedia as the external knowledge source for concept extraction. We compared the clustering results of our proposed method with two well-known search results clustering techniques, Suffix Tree Clustering and Lingo. The experimental results showed that our proposed method significantly outperforms over the well-known clustering techniques.