IDAHO FALLS – In many electricity markets, hydropower operators earn a significant portion of their revenue from the day-ahead market. In this market, utilities buy electricity based on expected demand for the next day, while power producers offer to sell electricity at prices based on forecasted production and demand. This process ensures that enough electricity is available to meet demand and helps stabilize prices by balancing supply and demand ahead of time.

However, optimizing the revenue and power storage capabilities of hydropower plants is challenging because water flow varies with seasons and weather conditions. Current tools, designed to provide revenue forecasts based on potential power output, are often unrealistically optimistic. The result is that these tools don’t provide s

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