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Deriving Optimal Operating Rules of a Multi-Reservoir System Considering Incremental Multi-Agent Benefit Allocation

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Listed:
  • Zhuowei Shen

    (Wuhan University
    Hubei Provincial Collaborative Innovation Center for Water Resources Security)

  • Pan Liu

    (Wuhan University
    Hubei Provincial Collaborative Innovation Center for Water Resources Security)

  • Bo Ming

    (Wuhan University
    Hubei Provincial Collaborative Innovation Center for Water Resources Security)

  • Maoyuan Feng

    (Wuhan University
    Hubei Provincial Collaborative Innovation Center for Water Resources Security)

  • Xiaoqi Zhang

    (Wuhan University
    Hubei Provincial Collaborative Innovation Center for Water Resources Security)

  • He Li

    (Wuhan University
    Hubei Provincial Collaborative Innovation Center for Water Resources Security)

  • Aili Xie

    (Wuhan University
    Hubei Provincial Collaborative Innovation Center for Water Resources Security)

Abstract

Joint multi-reservoir operation is one of the most efficient measures to meet the demand for increasing economic benefits. Operating rules have been widely used in long-term reservoir operations. However, reservoirs belong to multiple agents in most cases, which imposes difficulties on benefit allocation. This motivated us to derive optimal operating rules for a multi-reservoir system, considering incremental benefit allocation among multiple agents. Fairness of incremental benefits for multiple agents is proposed as one of the objective functions, and then optimal joint operating rules with fairness are derived. The optimal joint operating rules with fairness are compared with conventional, optimal individual, and joint operating rules. The Three Gorges (Three Gorges and Gezhouba) and Qing River (Shuibuya, Geheyan and Gaobazhou) cascade reservoirs are selected for case study. The optimal joint operating rules with fairness not only encourage agents to participate in joint operation, but also increase average annual hydropower generation and the assurance rate of hydropower generation relative to those of the conventional operating rules. Furthermore, the proposed optimal operating rules with fairness are easier to implement in practice than the optimal joint rules. This indicates that the proposed method has potential for improving operating rules of a multi-reservoir system.

Suggested Citation

  • Zhuowei Shen & Pan Liu & Bo Ming & Maoyuan Feng & Xiaoqi Zhang & He Li & Aili Xie, 2018. "Deriving Optimal Operating Rules of a Multi-Reservoir System Considering Incremental Multi-Agent Benefit Allocation," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 32(11), pages 3629-3645, September.
    • Handle: RePEc:spr:waterr:v:32:y:2018:i:11:d:10.1007_s11269-018-2010-9
    DOI: 10.1007/s11269-018-2010-9
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