Cerisola, Santiago; Latorre, Jesus M.; Ramos, Andres - In: European Journal of Operational Research 218 (2012) 3, pp. 687-697
In this paper we apply stochastic dual dynamic programming decomposition to a nonconvex multistage stochastic hydrothermal model where the nonlinear water head effects on production and the nonlinear dependence between the reservoir head and the reservoir volume are modeled. The nonconvex...