Multi-horizon Modeling in Hydro Power Planning


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Date

2016-01

Publication Type

Conference Paper

ETH Bibliography

yes

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Abstract

In this paper, a novel modeling framework is proposed, the multi-horizon modeling approach. This approach allows a very detailed and transparent modeling of many problems in hydro power planning by simultaneously being computationally very efficient. The model is applied to a complex pumped storage hydro power plant in a liberalized market environment in order to give decision support for the self-scheduling of it. The modeling framework is compared to three alternative state-of-the-art modeling approaches. The results suggest that multi-horizon models are especially valuable for the modeling of hydro power plants with different types of reservoirs.

Publication status

published

Book title

5th International Workshop on Hydro Scheduling in Competitive Electricity Markets

Volume

87

Pages / Article No.

2 - 10

Publisher

Elsevier

Event

5th International Workshop on Hydro Scheduling in Competitive Electricity Markets

Edition / version

Methods

Software

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Subject

Hydro scheduling; Medium-term; Multi-horizon; Stochastic dual dynamic programming

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Notes

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