OPTIMAL OPERATION MODEL OF A SINGLE RESERVOIR WITH DROUGHT DURATION EXPLICITLY CONCERNED

In this paper, a new model for a single reservoir operation optimization is proposed. The proposed model can design the optimal operation policy of a reservoir with explicit consideration of drought duration. The authors model this problem by formulating a single-stage loss function as a function of both the reservoir release and drought duration. Thereby the expected loss per period which is calculated based on the above extended single-stage loss function is minimized in infinite time horizon on the basis of Markov decision process (MDP) theory. The reliability indices are estimated as expected loss per period for specified extended loss functions. Finally, the features of the proposed model are illustrated through numerical analysis.