Abstract:General guidance for reservoir operation can be referred to as the Standard Operation Procedure (SOP). Real circumstances such as drought, however, do not necessarily comply with these ideal assumptions, which then trigger the studies on optimal hedging rules. More frequent mild droughts are preferred to less frequent severe droughts. In the present work, the-constrained-based multi-objective optimization model was developed to optimize hedging rules for a reservoir located in Lombok Island, Central Indonesia.… Show more
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