Abstract

We present a stochastic approach accounting for input uncertainties within water-energy simulations. The stochastic paradigm, which allows for quantifying the inherent uncertainty of hydrometeorological processes, becomes even more crucial in case of missing or inadequate information. Our scheme uses simplified conceptual models which are subject to significant uncertainties, to generate the inputs of the overall simulation problem. The methodology is tested in a hypothetical hybrid renewable energy system across the small Aegean island of Astypalaia, comprising a pumped-storage reservoir serving multiple water uses, where both inflows and demands are regarded as random variables as result of stochastic inputs and parameters.

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