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@ARTICLE{,
    author = {Abgottspon, Hubert and Andersson, G{\"{o}}ran},
  keywords = {stochastic dual dynamic programming },
     title = {Multi-horizon Modeling in Hydro Power Planning},
   journal = {Energy Procedia},
    volume = {87},
      year = {2016},
     pages = {2 - 10},
      note = {5th International Workshop on Hydro Scheduling in Competitive Electricity Markets},
      issn = {1876-6102},
       url = {http://www.sciencedirect.com/science/article/pii/S1876610215030404},
       doi = {10.1016/j.egypro.2015.12.351},
  abstract = {Abstract In this paper, a novel modeling framework is proposed, the multi-horizon modeling approach. This approach allows a very detailed and transparent modeling of many problems in hydro power planning by simultaneously being computationally very efficient. The model is applied to a complex pumped storage hydro power plant in a liberalized market environment in order to give decision support for the self-scheduling of it. The modeling framework is compared to three alternative state-of-the-art modeling approaches. The results suggest that multi-horizon models are especially valuable for the modeling of hydro power plants with different types of reservoirs.}
}