METHODOLOGY FOR PRIORITIZATION OF INVESTMENTS TO SUPPORT ENERGY SECURITY AND NET ZERO INVESTMENTS FOR MILITARY INSTALLATIONS

摘要

The current state of the energy grid in the United States is a threat not only to energy production but to our national security as well. Currently the energy infrastructure is extremely vulnerable and fragile. In the event of a major attack against the United States, the energy grid would be one of the most vulnerable and important targets to cripple our military capacity to project forces. In addition to the threat that is posed by a fragile energy grid, the military is also under pressure from the senior decision and policy makers to use more renewable energy. With more than 30 presidential mandates having been imposed on the Army, significant funding cuts, and a strategic objective to have secure and reliable energy from renewable sources, the Army must have a defensible and transparent investment strategy. Unfortunately, there are insufficient funds allocated to construct renewable energy projects focused on energy security. This study attempts to use multi objective decision analysis and data envelopment analysis to evaluate the return on investment of different energy security measures and renewable energy for military installations. We used a portfolio approach because education, conservation, and new technologies are all key to proving solutions to the energy security challenge. This paper will propose methods, processes, and tools for the decision makers to compare the portfolios' cost effectiveness. This paper will culminate in a demonstration of the methodology to illustrate its' utility.