Case Studies
Oct 25, 2022

Collaborative Modeling to Construct a Hedging Policy for Drought Management in Reservoir Systems

Publication: Journal of Water Resources Planning and Management
Volume 149, Issue 1

Abstract

In situations of fluctuating water availability, the optimal reservoir operation policy, resulting from classical models, fails to be implemented for political reasons. This paper proposes a collaborative modeling approach to define the hedging rules of a two-basin reservoir system, in which the acceptable risks, rationing ratio, and reasonable transfer values are defined by the water allocation agents for different phases/drought states. An optimization algorithm is then applied to determine a politically viable hedging operation policy. The methodology showed good results for the Jaguaribe–Metropolitan system in Brazil, and the resulting policy could be applied to the real operation, as the simulated rationing frequencies were close to those defined by the managers’ consensus. The proposed methodology guarantees a politically viable alternative with conflict management possibilities. However, the performance of the resulting hedging rules depends on the negotiation capacity and tacit knowledge of the stakeholders. The proposed approach is a good alternative when the implementation of the mathematically optimum policy fails.

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Data Availability Statement

All data, models, or code that support the findings of this study are available from the corresponding author upon reasonable request.

Acknowledgments

The research was partially supported by grants from the Coordenação de Aperfeiçoamento de Pessoal de Nível Superior–Brasil (CAPES) and Conselho Nacional de Desenvolvimento Científico e Tecnológico–Brasil (CNPq).

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Go to Journal of Water Resources Planning and Management
Journal of Water Resources Planning and Management
Volume 149Issue 1January 2023

History

Received: Feb 9, 2022
Accepted: Aug 27, 2022
Published online: Oct 25, 2022
Published in print: Jan 1, 2023
Discussion open until: Mar 25, 2023

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Doctoral Student, Dept. of Environmental and Hydraulic Engineer, Federal Univ. of Ceará, Fortaleza 60714-150, Brazil (corresponding author). ORCID: https://orcid.org/0000-0002-7678-6332. Email: [email protected]
Francisco de Assis de Souza Filho, D.Sc.
Associate Professor, Dept. of Environmental and Hydraulic Engineer, Federal Univ. of Ceará, Fortaleza 60714-150, Brazil.
Victor Costa Porto
Doctoral Student, Dept. of Environmental and Hydraulic Engineer, Federal Univ. of Ceará, Fortaleza 60714-150, Brazil.

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