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• W2160533574 abstract "Within the framework of multi-stage mixed-integer linear stochastic programming we develop a short-term production plan for a price-taking hydropower plant operating under uncertainty. Current production must comply with the day-ahead commitments of the previous day which makes short-term production planning a matter of spatial distribution among the reservoirs of the plant. Day-ahead market prices and reservoir inflows are, however, uncertain beyond the current operation day and water must be allocated among the reservoirs in order to strike a balance between current profits and expected future profits. A demonstration is presented with data from a Norwegian hydropower producer and the Nordic power market at Nord Pool." @default.
• W2160533574 created "2016-06-24" @default.
• W2160533574 creator A5038074638 @default.
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• W2160533574 date "2008-08-01" @default.
• W2160533574 modified "2023-10-18" @default.
• W2160533574 title "Short-term hydropower production planning by stochastic programming" @default.
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• W2160533574 doi "https://doi.org/10.1016/j.cor.2006.12.022" @default.
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