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INTEGRATED RIVER BASIN OPTIMIZATION: MODELING ECONOMIC AND HYDROLOGIC INTERDEPENDENCE 1
Author(s) -
Ward Frank A.,
Lynch Thomas P
Publication year - 1996
Publication title -
jawra journal of the american water resources association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.957
H-Index - 105
eISSN - 1752-1688
pISSN - 1093-474X
DOI - 10.1111/j.1752-1688.1996.tb03483.x
Subject(s) - recreation , hydroelectricity , drainage basin , structural basin , water resource management , interdependence , environmental science , hydrology (agriculture) , economic model , geography , economics , geology , ecology , cartography , geotechnical engineering , paleontology , macroeconomics , political science , law , biology
This paper presents an integrated optimal control model that optimizes economic performance of reservoir management in watersheds in which there are significant economic and hydrologic interdependencies. The model is solved using the General Algebraic Modeling System (GAMS). Results show that application of this model to New Mexico's Rio Chama basin can increase total system benefits over historical benefits by exploiting complementarities between hydroelectricity production, instream recreation, and downstream lake recreation.