Estimation of the Economic Worth of Water for Release Decisions

摘要

Optimization of a multipurpose reservoir system operation can be accomplished through mathematical programming only if the benefits and costs of the operation are known. A number of mathematical programming applications use the hydropower generation as the objective (as it is easily quantifiable) and incorporate the other purposes through constraints. This study attempted to relate release decision variables to recreation benefits and navigation costs on the McClellan-Kerr Arkansas River Navigation System. These relationships can then be used in a mathematical programming model for release decisions. This report describes one of the few applications of the Box-Jenkins multiple time series methodology to recreation and water level data.