Operations Research, Systems Engineering and Industrial Engineering Commons^™

Coordinated Strategic Planning Of Hydroelectric Energy Usage Using Stochastic Dynamic Programming With Decoupled Production Cost Simulation, Duane David Highley

Masters Theses

"The method of Stochastic Dynamic Programming is applied to the problem of Long-term hydrothermal coordination for a five-reservoir system in the Midwest. The model that has been developed will optimize the monthly reservoir elevations to produce the lowest expected energy production cost. The production cost calculations are decoupled from the Dynamic Programming loop, resulting in shorter execution times. Constraints are included for maximum and minimum reservoir elevations, maximum monthly reservoir rise and drop, and maximum and minimum monthly energy production. These constraints help to reduce the state space and shorten execution time. An additional constraint is modeled to control the …