EconPapers    
Economics at your fingertips  
 

Stochastic short-term hydropower planning with inflow scenario trees

Sara Séguin, Stein-Erik Fleten, Pascal Côté, Alois Pichler and Charles Audet

European Journal of Operational Research, 2017, vol. 259, issue 3, 1156-1168

Abstract: This paper presents an optimization approach to solve the short-term hydropower unit commitment and loading problem with uncertain inflows. A scenario tree is built based on a forecasted fan of inflows, which is developed using the weather forecast and the historical weather realizations. The tree-building approach seeks to minimize the nested distance between the stochastic process of historical inflow data and the multistage stochastic process represented in the scenario tree. A two-phase multistage stochastic model is used to solve the problem. The proposed approach is tested on a 31 day rolling-horizon with daily forecasted inflows for three power plants situated in the province of Quebec, Canada, that belong to the company Rio Tinto.

Keywords: Large scale optimization; Nonlinear programming; OR in energy; Scenarios; Stochastic programming (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221716309535
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:259:y:2017:i:3:p:1156-1168

DOI: 10.1016/j.ejor.2016.11.028

Access Statistics for this article

European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu (repec@elsevier.com).

 
Page updated 2024-12-28
Handle: RePEc:eee:ejores:v:259:y:2017:i:3:p:1156-1168