| Article ID: | iaor20003531 |
| Country: | Singapore |
| Volume: | 13 |
| Issue: | 2 |
| Start Page Number: | 105 |
| End Page Number: | 114 |
| Publication Date: | Nov 1996 |
| Journal: | Asia-Pacific Journal of Operational Research |
| Authors: | Murtagh B.A., Nembou C.S. |
| Keywords: | planning, programming: probabilistic, developing countries |
This paper is a contribution to the current debate on energy efficiency. It presents a stochastic optimisation model which has been applied to an existing hydro-thermal electricity generation planning problem in Port Moresby, Papua New Guinea. The model accounts explicitly for the uncertainty and seasonal variation inherent in hydro-thermal electricity demand and supply. Policy implications drawn from the application of the model are discussed.