Improving Implicit Stochastic Reservoir Optimization Models with Long-Term Mean Inflow Forecast

This technical note introduces a reservoir operation model based on implicit stochastic optimization (ISO) in which the release policy is guided by the forecast of the mean inflow for a given future horizon rather than by the prediction of the current-month inflow, such as in typical ISO models. The model also does not require the forecast of all inflows for the future horizon and shows to be more efficient in finding less vulnerable release policies when compared to several other explicit and implicit stochastic procedures. Copyright Springer Science+Business Media B.V. 2012