Author(s): H. Macian-Sorribes; M. Pulido-Velazquez
Linked Author(s):
Keywords: Decision-making under uncertainty; Forecast value for operations; Hydro-economic modelling; Stochastic programming
Abstract: Multipurpose multireservoir water systems are subject to complex interlinkages among water uses that should be properly acknowledged when defining efficient operating rules in order to avoid undesirable effects of water allocation. Hydroeconomic modelling can efficiently consider these interlinkages and identify win-win solutions among users. On the other hand, hydrometeorological forecasts can support the adoption of optimal operation of water resources derived from integrated water resources while estimating their added value per sector (urban, agriculture, hydropower, environment). This study estimates the sectorial benefits brought by optimal forecast-based operation in the Jucar river system.
Year: 2021