Publication detail

Designing the operating rules of a reservoir to maximise the financial revenue from a hydropower plant: Case study of Mostiste, Czech Republic

BEDNÁŘ, M. MENŠÍK, P. MARTON, D.

Original Title

Designing the operating rules of a reservoir to maximise the financial revenue from a hydropower plant: Case study of Mostiste, Czech Republic

Type

conference paper

Language

English

Original Abstract

In this paper, the principle of the pumped storage hydropower plant is applied to the single reservoir with the run-to-river hydropower plant. The water accumulation in the upper reservoir is substituted with the operating rules, which increase and decrease the discharges from the reservoir with relation to the electricity price on the market in order to the high-price revenue. Designed operating rules decrease the discharges from the reservoir in the period of low market electricity market price and conversely increase the discharges in the period of high market electricity market price. This leads to use the accumulated water from the low-price periods in the high-price periods. Microsoft Excel was used to develop the operating rules and via this software the analysis of the time series of the electricity market price and two simulation models were made.

Keywords

Single reservoir, Run-of-river hydropower plant, Revenue management, Operating rules

Authors

BEDNÁŘ, M.; MENŠÍK, P.; MARTON, D.

Released

8. 12. 2020

ISBN

978-619-7603-17-0

Book

20th International Multidisciplinary Scientific GeoConference

ISBN

1314-2704

Periodical

International multidisciplinary geoconference SGEM

State

Republic of Bulgaria

Pages from

103

Pages to

112

Pages count

8

BibTex

@inproceedings{BUT169292,
  author="Martin {Bednář} and Pavel {Menšík} and Daniel {Marton}",
  title="Designing the operating rules of a reservoir to maximise the financial revenue from a hydropower plant: Case study of Mostiste, Czech Republic",
  booktitle="20th International Multidisciplinary Scientific GeoConference",
  year="2020",
  journal="International multidisciplinary geoconference SGEM",
  pages="103--112",
  doi="10.5593/sgem2020V/1.3/s02.13",
  isbn="978-619-7603-17-0",
  issn="1314-2704"
}