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Dealing with uncertainty in water resource planning is problematic because insufficient or underused infrastructure can have social and environmental costs. Multistage stochastic optimisation provides a mechanism to deal with this challenge in water supply capacity expansion planning. However, for real systems it can be mathematically hard and computationally expensive. The ‘Decision-rule’ formulation represents an attempt to remedy this by approximating the multistage problem where decisions at each stage are a function of the uncertainty and the state of the system. We introduce a family of rules to show how they approximate the multistage problem and investigate the implications of the approximation for adaptive water resources planning.
|Journal||Advances in Water Resources|
|Publication status||Published - Aug 2021|
- Adaptive water resource planning
- Decision making under uncertainty
- Decision rule
- Multistage stochastic
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- 2 Finished
GCRF: DAMS 2.0: Design and assessment of resilient and sustainable interventions in water-energy-food-environment Mega-Systems
Hulme, D., Anderson, K., Bottacin Busolin, A., Dimova, R., Foster, T., Harou, J., Imai, K., Larkin, A., Lavers, T., Mancarella, P., Mutale, J., Panteli, M., Sen, K. & Whittington, D.
1/10/17 → 31/12/21
Uncertainty reduction in Models For Understanding deveLopment Applications
15/06/15 → 14/12/19