Mathematical modelling of Portuguese hydroelectric energy system

Abstract

Hydropower is one of the most traditional renewable energy source and a major contributor for renewable energy production in many countries. In Portugal it was the only renewable energy source for many years but nowadays wind presents similar production levels and for example in 2015 wind was the main source producing 45.5 % of the total renewable energy. However hydro energy will continue to be important in the renewable energy production and in this work ranking of nine models for hydro energy production with various numbers of parameters was done using adjusted R-squared and corrected Akaike information criterion (AICc).