Researchers: Stefan Feltenmark and Jonas Rappe, in cooperation with Roger Halldin and Jan Holst (Lund University).
Sponsor: ITM, Vattenfall, Sydkraft, Elforsk.
Within this project, we study optimization of hydro-thermal power systems in situations with imperfect information about problem data. Such data is future dam inflows, power prices, and power demand. We address these problems by stochastic programming, combined with advanced sampling techniques.
An optimization model has been put up and is described in [R7]. The project activities in 1999 are summarized in [O2].