Titlebook: Handbook of Power Systems I; Panos M. Pardalos,Steffen Rebennack,Niko A. Iliadi Book 2010 Springer-Verlag Berlin Heidelberg 2010 Electrica

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Long- and Medium-term Operations Planning and Stochastic Modelling in Hydro-dominated Power Systems ng up proper stochastic models for inflow and price is quite a challenge, especially in the case of (2) above. This is an area where further work would be useful. Long computing time may in some cases be a consideration. In particular, the local model has been used by utilities with good results.