PDF

Keywords

KEYWORDS
Deterministic Dynamic Programming
Optimal operating policies

Abstract

The present research aims to study the feasibility of using a Stochastic Dynamic Programming model "SDP" to calculate the optimal operating policy for a single reservoir system. The study required to write two computer codes; one is for Deterministic Dynamic Programming "DDP" and the other is for Stochastic Dynamic Programming "SDP" using MATLAB platform. A comparison study has been conducted between the optimal operating policies obtained from the two models. The results revealed that the SDP outputs were more realistic than those obtained by DDP, as the first gives the reservoir operator more flexibility to deal with the variation of the inflow to the reservoir, while the second is not. Additionally, a simple nomographhas been introduced to assist the operator of the reservoir to manage a wide variety of inflow scenarios.
https://doi.org/10.33899/rengj.2014.87035
  PDF