A framework for joint management of regional water-energy ... - Orbit
A framework for joint management of regional water-energy ... - Orbit
A framework for joint management of regional water-energy ... - Orbit
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
eservoirs, although some level <strong>of</strong> aggregation will always be necessary <strong>for</strong><br />
systems as large as the IP.<br />
The other limitation is the temporal aggregation <strong>of</strong> the power system. It was<br />
shown in Figure 3 that hourly power production and prices vary considerably<br />
within the week. Using hourly time steps would allow a more realistic representation<br />
<strong>of</strong> the power system, including a better representation <strong>of</strong> the power<br />
supply and demand functions, and the inclusion <strong>of</strong> pumped-storage hydropower.<br />
However, hourly time steps would have made the problem computationally<br />
intractable. Some alternatives to include production and price variability<br />
within a week would be to divide the week into a few load segments<br />
with a certain demand pr<strong>of</strong>ile (e.g. Wolfgang et al., 2009) or to derive hydropower<br />
revenue functions <strong>for</strong> each week (e.g. Madani and Lund, 2009).<br />
These sources <strong>of</strong> uncertainty were not considered because the focuse <strong>of</strong> the<br />
study was to propose a methodological <strong>framework</strong> to assess the interactions<br />
between <strong>water</strong> and <strong>energy</strong> systems. However, such issues must be considered<br />
if the <strong>framework</strong> is to be used <strong>for</strong> detailed studies or <strong>for</strong> decision support.<br />
43