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Deriving Optimal Operating Rules of a Multi-Reservoir System Considering Incremental Multi-Agent Benefit Allocation

Deriving Optimal Operating Rules of a Multi-Reservoir System Considering Incremental Multi-Agent... Joint multi-reservoir operation is one of the most efficient measures to meet the demand for increasing economic benefits. Operating rules have been widely used in long-term reservoir operations. However, reservoirs belong to multiple agents in most cases, which imposes difficulties on benefit allocation. This motivated us to derive optimal operating rules for a multi-reservoir system, considering incremental benefit allocation among multiple agents. Fairness of incremental benefits for multiple agents is proposed as one of the objective functions, and then optimal joint operating rules with fairness are derived. The optimal joint operating rules with fairness are compared with conventional, optimal individual, and joint operating rules. The Three Gorges (Three Gorges and Gezhouba) and Qing River (Shuibuya, Geheyan and Gaobazhou) cascade reservoirs are selected for case study. The optimal joint operating rules with fairness not only encourage agents to participate in joint operation, but also increase average annual hydropower generation and the assurance rate of hydropower generation relative to those of the conventional operating rules. Furthermore, the proposed optimal operating rules with fairness are easier to implement in practice than the optimal joint rules. This indicates that the proposed method has potential for improving operating rules of a multi-reservoir system. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Water Resources Management Springer Journals

Deriving Optimal Operating Rules of a Multi-Reservoir System Considering Incremental Multi-Agent Benefit Allocation

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Publisher
Springer Journals
Copyright
Copyright © 2018 by Springer Science+Business Media B.V., part of Springer Nature
Subject
Earth Sciences; Hydrogeology; Hydrology/Water Resources; Geotechnical Engineering & Applied Earth Sciences; Atmospheric Sciences; Civil Engineering; Environment, general
ISSN
0920-4741
eISSN
1573-1650
DOI
10.1007/s11269-018-2010-9
Publisher site
See Article on Publisher Site

Abstract

Joint multi-reservoir operation is one of the most efficient measures to meet the demand for increasing economic benefits. Operating rules have been widely used in long-term reservoir operations. However, reservoirs belong to multiple agents in most cases, which imposes difficulties on benefit allocation. This motivated us to derive optimal operating rules for a multi-reservoir system, considering incremental benefit allocation among multiple agents. Fairness of incremental benefits for multiple agents is proposed as one of the objective functions, and then optimal joint operating rules with fairness are derived. The optimal joint operating rules with fairness are compared with conventional, optimal individual, and joint operating rules. The Three Gorges (Three Gorges and Gezhouba) and Qing River (Shuibuya, Geheyan and Gaobazhou) cascade reservoirs are selected for case study. The optimal joint operating rules with fairness not only encourage agents to participate in joint operation, but also increase average annual hydropower generation and the assurance rate of hydropower generation relative to those of the conventional operating rules. Furthermore, the proposed optimal operating rules with fairness are easier to implement in practice than the optimal joint rules. This indicates that the proposed method has potential for improving operating rules of a multi-reservoir system.

Journal

Water Resources Management – Springer Journals

Published: May 30, 2018

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