© 2007

Hydropower Economics


Part of the International Series In Operations Research & Management Science book series (ISOR, volume 112)

Table of contents

  1. Front Matter
    Pages i-xii
  2. Pages 1-18
  3. Pages 67-93
  4. Pages 121-149
  5. Pages 151-179
  6. Pages 181-211
  7. Pages 213-238
  8. Pages 239-249
  9. Back Matter
    Pages 251-261

About this book


HYDROPOWER ECONOMICS examines sustainable alternate energy sources beginning with modeling hydropower and extending the model to include thermal power and wind power. The book will use various econometric measures, equilibrium metrics, OR methods, and DEA/productivity analyses to analyze and model the optimal use of these alternate energy sources. Because these problems are dynamic in nature, dynamic methods are used to model the problems. The book derives results on the allocation of the amounts of alternate sources of energy (water, thermal, and wind) required to produce electricity at acceptable levels over time. Graphic illustrations of the analytical and mathematical modeling used to reach research conclusions are used throughout the book.

In addition to the analyses, various market scenarios are discussed and how effective market systems may be in delivering electric power at acceptable and sustainable levels of supply, cost, and price. Productivity frontiers (benchmarks) are outlined in the book. These productivity frontiers or benchmarks are established from data derived from the Scandinavian experience. Optimal solutions for sustainable alternate energy systems at acceptable costs are outlined in the monograph.



Hydropower alternate energy sources electricity linear optimization modeling monopoly nonlinear optimization optimization reservoir water value wind

Authors and affiliations

  1. 1.University of OsloNorway

Bibliographic information


From the reviews:

"This book claims that if one is to correctly comprehend deregulation in electricity markets, then one must first develop an appreciation for the optimal use of hydro and thermal power. … this book would have profited from a thorough review of the extant literature. … it is important to note that the author deals well with his selected topics. … I recommend this book to all readers who wish to learn more about the economics of hydroelectric power." (Amitrajeet A. Batabyal, Interfaces, Vol. 39 (1), January-February, 2009)