Hedging Policies For Reservoir Operation During Droughts
Author(s)
A. B. Dariane, M. R. Bagheri & A. Aghasafari
Abstract
Hedging policies for reservoir operation
during droughts
A. B. Dariane, M. R. Bagheri & A. Aghasafari
Department of Civil Engineering, K.N. Toosi University of Technology,
Iran
Abstract
Drought is an inevitable part of the world's climate. It occurs in wet as well as in
dry regions. Therefore, planning for drought and mitigating its impacts is
essential. In this study, a hedging policy is developed using a zerolone mixed
integer-programming approach. Furthermore, some procedures are introduced to
ease the computational burden inherent in integer programming. Hedging policy
is developed using a three-year historical drought. Moreover, the standard
operating policy (SOP) is also used for comparison purposes. Simulations are
carried out using 40 years of monthly historical data along with 20 series of
synthetically generated inflows of the same length. The Karadj reservoir located
in the northwest of Tehran is one of the main sources of the capital's municipal
water supply. It also provides a sub
Keywords
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