IDEAS home Printed from https://ideas.repec.org/a/eee/agiwat/v265y2022ics0378377422000890.html
   My bibliography  Save this article

Investigation of a composite two-phase hedging rule policy for a multi reservoir system using streamflow forecast

Author

Listed:
  • Mostaghimzadeh, Ehsan
  • Adib, Arash
  • Ashrafi, Seyed Mohammad
  • Kisi, Ozgur

Abstract

Long-term changes in reservoir inflow due to climate changes and human interference violate the assumptions of hydrologic stationarity especially in the reservoir design. Utilization of uncertain prediction into a reservoir operating rule curves somehow reflects the challenges that imposed by nonstationary conditions. This study proposes a hedging based policy incorporated forecast term to manage release decisions in two separate phases. Hedging is applied firstly regarding to reservoir water level similar to conventional hedging rules and secondary according to an extra simulation in the near future. To determine the time interval of future effects, an exterior optimization model is introduced to handle the trade-off between forecast uncertainty and future information which imposed by forecast horizon. Future inflows are forecasted introducing a model including a wrapper-based feature selection method and AdaBoost.RT as a learning algorithm. The results of applying the model to a real six reservoir system in IRAN showed that incorporating future inflows into the real time decisions significantly improves the total squared relative deficit about 20% and 10% compared to conventional hedging rule curve (CHRC) and standard operation policy as objective function. Also having a glance at the near future reduces the vulnerability of the system about 5% and 27% respectively against CHRC and SOP. The results also showed that, although the SOP reaches to a best reliability of satisfying water demands in total system as 31% and 27% better than CHRC and the proposed two-phase policy, but the number of intensified failures was higher than two others which somehow influences on volume-based indices like vulnerability.

Suggested Citation

  • Mostaghimzadeh, Ehsan & Adib, Arash & Ashrafi, Seyed Mohammad & Kisi, Ozgur, 2022. "Investigation of a composite two-phase hedging rule policy for a multi reservoir system using streamflow forecast," Agricultural Water Management, Elsevier, vol. 265(C).
  • Handle: RePEc:eee:agiwat:v:265:y:2022:i:c:s0378377422000890
    DOI: 10.1016/j.agwat.2022.107542
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0378377422000890
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.agwat.2022.107542?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Youngkyu Jin & Sangho Lee, 2019. "Comparative Effectiveness of Reservoir Operation Applying Hedging Rules Based on Available Water and Beginning Storage to Cope with Droughts," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 33(5), pages 1897-1911, March.
    2. Wenhua Wan & Jianshi Zhao & Jiabiao Wang, 2019. "Revisiting Water Supply Rule Curves with Hedging Theory for Climate Change Adaptation," Sustainability, MDPI, vol. 11(7), pages 1-21, March.
    3. Bin Xu & Xin Huang & Ping-an Zhong & Yenan Wu, 2020. "Two-Phase Risk Hedging Rules for Informing Conservation of Flood Resources in Reservoir Operation Considering Inflow Forecast Uncertainty," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 34(9), pages 2731-2752, July.
    4. Fereshteh Modaresi & Shahab Araghinejad & Kumars Ebrahimi, 2018. "A Comparative Assessment of Artificial Neural Network, Generalized Regression Neural Network, Least-Square Support Vector Regression, and K-Nearest Neighbor Regression for Monthly Streamflow Forecasti," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 32(1), pages 243-258, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beshavard, Mahdi & Adib, Arash & Ashrafi, Seyed Mohammad & Kisi, Ozgur, 2022. "Establishing effective warning storage to derive optimal reservoir operation policy based on the drought condition," Agricultural Water Management, Elsevier, vol. 274(C).
    2. Luis Garrote & Alfredo Granados & Mike Spiliotis & Francisco Martin-Carrasco, 2023. "Effectiveness of Adaptive Operating Rules for Reservoirs," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 37(6), pages 2527-2542, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jenq-Tzong Shiau & Hsu-Hui Wen & I-Wen Su, 2021. "Comparing Optimal Hedging Policies Incorporating Past Operation Information and Future Hydrologic Information," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 35(7), pages 2177-2196, May.
    2. Pin-Chun Huang & Kuo-Lin Hsu & Kwan Tun Lee, 2021. "Improvement of Two-Dimensional Flow-Depth Prediction Based on Neural Network Models By Preprocessing Hydrological and Geomorphological Data," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 35(3), pages 1079-1100, February.
    3. Yaxin Huang & Yunlian Sun & Shimin Yi, 2018. "Static and Dynamic Networking of Smart Meters Based on the Characteristics of the Electricity Usage Information," Energies, MDPI, vol. 11(6), pages 1-18, June.
    4. Nicole Durfee & Carlos G. Ochoa & Gerrad Jones, 2021. "Stream Temperature and Environment Relationships in a Semiarid Riparian Corridor," Land, MDPI, vol. 10(5), pages 1-22, May.
    5. Wenxin Xu & Jie Chen & Xunchang J. Zhang, 2022. "Scale Effects of the Monthly Streamflow Prediction Using a State-of-the-art Deep Learning Model," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(10), pages 3609-3625, August.
    6. Rana Muhammad Adnan Ikram & Leonardo Goliatt & Ozgur Kisi & Slavisa Trajkovic & Shamsuddin Shahid, 2022. "Covariance Matrix Adaptation Evolution Strategy for Improving Machine Learning Approaches in Streamflow Prediction," Mathematics, MDPI, vol. 10(16), pages 1-30, August.
    7. Luis Garrote & Alfredo Granados & Mike Spiliotis & Francisco Martin-Carrasco, 2023. "Effectiveness of Adaptive Operating Rules for Reservoirs," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 37(6), pages 2527-2542, May.
    8. Rapeepat Techarungruengsakul & Anongrit Kangrang, 2022. "Application of Harris Hawks Optimization with Reservoir Simulation Model Considering Hedging Rule for Network Reservoir System," Sustainability, MDPI, vol. 14(9), pages 1-21, April.
    9. Mohammad S. Islam & Shahid Husain & Jawed Mustafa & Yuantong Gu, 2022. "A Novel Machine Learning Prediction Model for Aerosol Transport in Upper 17-Generations of the Human Respiratory Tract," Future Internet, MDPI, vol. 14(9), pages 1-16, August.
    10. Bahrudin Hrnjica & Ognjen Bonacci, 2019. "Lake Level Prediction using Feed Forward and Recurrent Neural Networks," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 33(7), pages 2471-2484, May.
    11. Pedro Beça & António C. Rodrigues & João P. Nunes & Paulo Diogo & Babar Mujtaba, 2023. "Optimizing Reservoir Water Management in a Changing Climate," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 37(9), pages 3423-3437, July.
    12. Marta Matyjaszek & Gregorio Fidalgo Valverde & Alicja Krzemień & Krzysztof Wodarski & Pedro Riesgo Fernández, 2020. "Optimizing Predictor Variables in Artificial Neural Networks When Forecasting Raw Material Prices for Energy Production," Energies, MDPI, vol. 13(8), pages 1-15, April.
    13. Hossien Riahi-Madvar & Majid Dehghani & Rasoul Memarzadeh & Bahram Gharabaghi, 2021. "Short to Long-Term Forecasting of River Flows by Heuristic Optimization Algorithms Hybridized with ANFIS," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 35(4), pages 1149-1166, March.
    14. Zhenyu Mu & Xueshan Ai & Jie Ding & Kui Huang & Senlin Chen & Jiajun Guo & Zuo Dong, 2022. "Risk Analysis of Dynamic Water Level Setting of Reservoir in Flood Season Based on Multi-index," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(9), pages 3067-3086, July.
    15. Jaenam Lee & Hyungjin Shin, 2022. "Agricultural Reservoir Operation Strategy Considering Climate and Policy Changes," Sustainability, MDPI, vol. 14(15), pages 1-13, July.
    16. Matyjaszek, Marta & Riesgo Fernández, Pedro & Krzemień, Alicja & Wodarski, Krzysztof & Fidalgo Valverde, Gregorio, 2019. "Forecasting coking coal prices by means of ARIMA models and neural networks, considering the transgenic time series theory," Resources Policy, Elsevier, vol. 61(C), pages 283-292.
    17. Soe Thiha & Asaad Y. Shamseldin & Bruce W. Melville, 2022. "Improving the Summer Power Generation of a Hydropower Reservoir Using the Modified Multi-Step Ahead Time-Varying Hedging Rule," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(3), pages 853-873, February.
    18. Yawei Ning & Wei Ding & Guohua Liang & Bin He & Huicheng Zhou, 2021. "An Analytical Risk Analysis Method for Reservoir Flood Control Operation Considering Forecast Information," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 35(7), pages 2079-2099, May.
    19. Musaab I. Magzoub & Raj Kiran & Saeed Salehi & Ibnelwaleed A. Hussein & Mustafa S. Nasser, 2021. "Assessing the Relation between Mud Components and Rheology for Loss Circulation Prevention Using Polymeric Gels: A Machine Learning Approach," Energies, MDPI, vol. 14(5), pages 1-19, March.
    20. Mohammad Zounemat-Kermani & Abdollah Ramezani-Charmahineh & Reza Razavi & Meysam Alizamir & Taha B.M.J. Ouarda, 2020. "Machine Learning and Water Economy: a New Approach to Predicting Dams Water Sales Revenue," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 34(6), pages 1893-1911, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:agiwat:v:265:y:2022:i:c:s0378377422000890. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/agwat .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.