Predictive cost and maintenance models for bidding and short term scheduling strategies in hydro power plants

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The aim of this project is to develop knowledge based models that can be used to estimate the costs implicit in operating hydro-electric power generation systems in intermittent and off-design modes. These costs manifest in increased maintenance, loss of water supply and opportunity costs or values. A model of the Tasmanian system would be unique, and the application of knowledge based systems to cost and decision making in this situation is novel. Opportunities exist to collaborate with Norwegian researchers. The success of the project will lead to better utilization of the Tasmanian renewable energy resource.