Economic optimization of hydropower storage projects using alternative thermal powerplant approach

Sina Raeisi; S. Jamshid Mousavi; Mahmoud Taleb Beidokhti; Bentolhoda A. Rousta; Joong Hoon Kim

doi:10.1007/978-3-662-47926-1_34

Economic optimization of hydropower storage projects using alternative thermal powerplant approach

Sina Raeisi, S. Jamshid Mousavi, Mahmoud Taleb Beidokhti, Bentolhoda A. Rousta, Joong Hoon Kim

School of Civil, Environmental and Architectural Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

1 Citation (Scopus)

Abstract

This paper presents a simulation-optimization model integrating particle swarm optimization (PSO) algorithm and sequential streamflow routing (SSR) method to maximize the net present value (NPV) of a hydropower storage development project. In the PSO-SSR model, the SSR method simulates the operation of reservoir and its powerplant on a monthly basis over long term for each set of controllable design and operational variables, which includes dam reservoir and powerplant capacities as well as reservoir rule curve parameters, being searched for by the PSO algorithm. To evaluate the project NPV for each set of the controllable variables, the “alternative thermal powerplant (ATP)” approach is employed to determine the benefit term of the project NPV. The PSO-SSR model has been used in the problem of optimal design and operation of Garsha hydropower development project in Iran. Results show that the model with a simple, hydropower standard operating policy results in an NPV comparable to another model optimizing operating policies.

Original language	English
Title of host publication	Harmony Search Algorithm - Proceedings of the 2nd International Conference on Harmony Search Algorithm, ICHSA 2015
Editors	Zong Woo Geem, Joong Hoon Kim
Publisher	Springer Verlag
Pages	353-363
Number of pages	11
ISBN (Print)	9783662479254
DOIs	https://doi.org/10.1007/978-3-662-47926-1_34
Publication status	Published - 2016
Event	2nd International Conference on Harmony Search Algorithm, ICHSA 2015 - Seoul, Korea, Republic of Duration: 2015 Aug 19 → 2015 Aug 21

Publication series

Name	Advances in Intelligent Systems and Computing
Volume	382
ISSN (Print)	2194-5357

Other

Other	2nd International Conference on Harmony Search Algorithm, ICHSA 2015
Country	Korea, Republic of
City	Seoul
Period	15/8/19 → 15/8/21

Keywords

Alternative thermal powerplant
Hydropower
Operating policy
Particle swarm optimization

ASJC Scopus subject areas

Control and Systems Engineering
Computer Science(all)

Access to Document

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Cite this

Raeisi, S., Mousavi, S. J., Beidokhti, M. T., Rousta, B. A., & Kim, J. H. (2016). Economic optimization of hydropower storage projects using alternative thermal powerplant approach. In Z. W. Geem, & J. H. Kim (Eds.), Harmony Search Algorithm - Proceedings of the 2nd International Conference on Harmony Search Algorithm, ICHSA 2015 (pp. 353-363). (Advances in Intelligent Systems and Computing; Vol. 382). Springer Verlag. https://doi.org/10.1007/978-3-662-47926-1_34

Economic optimization of hydropower storage projects using alternative thermal powerplant approach. / Raeisi, Sina; Mousavi, S. Jamshid; Beidokhti, Mahmoud Taleb; Rousta, Bentolhoda A.; Kim, Joong Hoon.

Harmony Search Algorithm - Proceedings of the 2nd International Conference on Harmony Search Algorithm, ICHSA 2015. ed. / Zong Woo Geem; Joong Hoon Kim. Springer Verlag, 2016. p. 353-363 (Advances in Intelligent Systems and Computing; Vol. 382).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Raeisi, S, Mousavi, SJ, Beidokhti, MT, Rousta, BA & Kim, JH 2016, Economic optimization of hydropower storage projects using alternative thermal powerplant approach. in ZW Geem & JH Kim (eds), Harmony Search Algorithm - Proceedings of the 2nd International Conference on Harmony Search Algorithm, ICHSA 2015. Advances in Intelligent Systems and Computing, vol. 382, Springer Verlag, pp. 353-363, 2nd International Conference on Harmony Search Algorithm, ICHSA 2015, Seoul, Korea, Republic of, 15/8/19. https://doi.org/10.1007/978-3-662-47926-1_34

Raeisi S, Mousavi SJ, Beidokhti MT, Rousta BA, Kim JH. Economic optimization of hydropower storage projects using alternative thermal powerplant approach. In Geem ZW, Kim JH, editors, Harmony Search Algorithm - Proceedings of the 2nd International Conference on Harmony Search Algorithm, ICHSA 2015. Springer Verlag. 2016. p. 353-363. (Advances in Intelligent Systems and Computing). https://doi.org/10.1007/978-3-662-47926-1_34

Raeisi, Sina ; Mousavi, S. Jamshid ; Beidokhti, Mahmoud Taleb ; Rousta, Bentolhoda A. ; Kim, Joong Hoon. / Economic optimization of hydropower storage projects using alternative thermal powerplant approach. Harmony Search Algorithm - Proceedings of the 2nd International Conference on Harmony Search Algorithm, ICHSA 2015. editor / Zong Woo Geem ; Joong Hoon Kim. Springer Verlag, 2016. pp. 353-363 (Advances in Intelligent Systems and Computing).

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