EconPapers    
Economics at your fingertips  
 

A simulation – Optimization models for multi-reservoir hydropower systems design at watershed scale

Amir Hatamkhani, Ali Moridi and Jafar Yazdi

Renewable Energy, 2020, vol. 149, issue C, 253-263

Abstract: Hydropower energy is one of the most economical and cleanest energies in the world. Due to the huge investment in hydropower projects, economic feasibility and determining the main design parameters related to plant sizing of hydro projects are extremely important. In this research, a simulation–optimization model for optimal design of hydropower systems with a systematic view of the basin (which is a complex nonlinear problem) has been developed. For water resources planning and management in the water basin, WEAP model has been used. Despite various capabilities, there are also limitations for hydropower systems modeling in WEAP. In this regard, a hydropower computation module has been employed to resolve these disadvantages. Then, PSO algorithm, linked to the simulation model and the developed optimization-simulation model has been used to solve the problem of optimal design of Garsha, Kuran Buzan, Sazbon and Tange mashoore power plant projects in Karkhe river basin. Objective function has been formulated based on two conventional methods in the economic analysis of hydro projects, i.e. electricity market price method and alternative thermal plant method. The objective function is maximization of net benefits of hydropower projects considering all resources, uses, and demands in the basin. Normal water level (NWL), Minimum Operation Level (MOL), Installed Capacity (IC) of dams and power-plants were chosen as decision variables of the problem. Finally, the results of optimal design of hydropower system have been discussed for both economic objective functions, followed by comparison and analysis of the results. the total generated energy and firm energy of the hydropower system is calculated bigger in alternative thermal plant method compared to market price method. However, the peak generated energy is computed larger in the market price.

Keywords: Hydropower; Multi-reservoir system; PSO; WEAP; Optimization; Economic (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148119319275
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:renene:v:149:y:2020:i:c:p:253-263

DOI: 10.1016/j.renene.2019.12.055

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:renene:v:149:y:2020:i:c:p:253-263