A Stochastic Dual Dynamic Programming model for medium-term hydrothermal scheduling in Greece

@article{Ourani2012ASD,
  title={A Stochastic Dual Dynamic Programming model for medium-term hydrothermal scheduling in Greece},
  author={K. I. Ourani and C. G. Baslis and Anastasios G. Bakirtzis},
  journal={2012 47th International Universities Power Engineering Conference (UPEC)},
  year={2012},
  pages={1-6}
}
This paper describes the development and application of the Stochastic Dual Dynamic Programming (SDDP) algorithm for solving the optimal medium-term hydrothermal scheduling in the Greek power system. The method aims at providing a more elaborate optimization tool compared to the traditional approaches used for medium-term hydrothermal scheduling in Greece; the latter have been developed on deterministic assumptions, while the proposed tool recognizes the impact of inflow uncertainty and… CONTINUE READING

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