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How Does the Coupling of Real-World Policies with Optimization Models Expand the Practicality of Solutions in Reservoir Operation Problems?

Gi Joo Kim and Young-Oh Kim ()
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Gi Joo Kim: Seoul National University
Young-Oh Kim: Seoul National University

Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), 2021, vol. 35, issue 10, No 5, 3137 pages

Abstract: Abstract This study first compares how different formulations of a reservoir operation problem with conflicting objectives affect the quality of the generated solution set. Six models were developed for comparative analysis: three using dynamic programming and three using the evolutionary multi-objective direct policy search (EMODPS) algorithm. Subsequently, to improve the quality of the generated solution set, an EMODPS model was selected and coupled with a zone-based hedging policy that has been currently applied in real-world reservoir operations. The proposed methodology was applied to a multipurpose reservoir in South Korea. Among the different models, the EMODPS-Gaussian model with three parameters outperformed dynamic programming models. Moreover, coupling the status quo zone-based hedging rule with the optimization model improved the average duration of failure from the supply side by 37.4%. On the other hand, when measured from the demand side, the results indicated that the magnitude of failure also improved by 4.15% at the cost of frequency of water deficit. The overall results of this study suggest that the integrative use of optimization models with hedging rules is potentially applicable in future drought mitigation measures.

Keywords: Reservoir operation; Dynamic programming; Evolutionary multi-objective direct policy search; Zone-based hedging rule (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s11269-021-02862-y

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