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Remarks on a Min‐Max Optimization Technique for the Management of a Single Multiannual Reservoir Aimed at Hydroelectric Generation and Water Supply
Author(s) -
Nardini A.,
Montoya D.
Publication year - 1995
Publication title -
water resources research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.863
H-Index - 217
eISSN - 1944-7973
pISSN - 0043-1397
DOI - 10.1029/94wr02705
Subject(s) - hydroelectricity , context (archaeology) , water supply , electricity generation , environmental science , water resource management , computer science , engineering , civil engineering , mathematical optimization , petroleum engineering , operations research , environmental engineering , geology , mathematics , power (physics) , electrical engineering , paleontology , physics , quantum mechanics
A risk averse (min‐max) technique for the management of a multipurpose reservoir was first proposed by Orlovski et al. (1983) in a “strict uncertainty” framework. In this paper an extension of such a type of min‐max technique to the case of a single multiannual reservoir aimed at hydroelectric generation and water supply is presented. A new algorithm is proposed which was developed in the context of a real‐world system existing in central Chile.