@inproceedings{f820b19c34f44d32aea02bdf18de9054,
title = "Economic optimization of hydropower storage projects using alternative thermal powerplant approach",
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.",
keywords = "Alternative thermal powerplant, Hydropower, Operating policy, Particle swarm optimization",
author = "Sina Raeisi and Mousavi, {S. Jamshid} and Beidokhti, {Mahmoud Taleb} and Rousta, {Bentolhoda A.} and Kim, {Joong Hoon}",
note = "Publisher Copyright: {\textcopyright} Springer-Verlag Berlin Heidelberg 2016.; 2nd International Conference on Harmony Search Algorithm, ICHSA 2015 ; Conference date: 19-08-2015 Through 21-08-2015",
year = "2016",
doi = "10.1007/978-3-662-47926-1_34",
language = "English",
isbn = "9783662479254",
series = "Advances in Intelligent Systems and Computing",
publisher = "Springer Verlag",
pages = "353--363",
editor = "Geem, {Zong Woo} and Kim, {Joong Hoon}",
booktitle = "Harmony Search Algorithm - Proceedings of the 2nd International Conference on Harmony Search Algorithm, ICHSA 2015",
}