Multi-objective optimization of water distribution systems based on a real options approach
| Main Author: | |
|---|---|
| Publication Date: | 2015 |
| Other Authors: | , |
| Format: | Article |
| Language: | eng |
| Source: | Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
| Download full: | https://hdl.handle.net/10316/46566 https://doi.org/10.1016/j.envsoft.2014.09.014 |
Summary: | The authors acknowledge the publisher in granting permission for making post-print version available in open access institutional repository |
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Multi-objective optimization of water distribution systems based on a real options approachcarbon emissionsMulti-objective optimizationreal optionssimulated annealinguncertaintywater networksThe authors acknowledge the publisher in granting permission for making post-print version available in open access institutional repositoryThis paper describes a multi-objective optimization model including Real Options concepts for the design and operation of water distribution networks. This approach is explained through a case study with some possible expansion areas defined to fit different future scenarios. A multi-objective decision model with conflicting objectives is detailed. Also, environmental impacts are considered that take into account not only the life cycle carbon emissions of the different materials used during the construction of the networks but also the emissions related to energy consumption during operation. These impacts are translated by giving a cost to each tonne of carbon dioxide emitted. This work presents a new multi-objective simulated annealing algorithm linked to a hydraulic simulator to verify the hydraulic constraints, and the results are represented as points on the Pareto front. The results show that the approach can deal explicitly with conflicting objectives, with environmental impacts and with future uncertainty.Elsevier2015-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttps://hdl.handle.net/10316/46566https://hdl.handle.net/10316/46566https://doi.org/10.1016/j.envsoft.2014.09.014eng1364-8152https://www.sciencedirect.com/science/article/pii/S1364815214002680Marques, JoãoCunha, MariaSavić, Dragan A.info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2021-10-25T11:18:37Zoai:estudogeral.uc.pt:10316/46566Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T05:17:49.301351Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse |
| dc.title.none.fl_str_mv |
Multi-objective optimization of water distribution systems based on a real options approach |
| title |
Multi-objective optimization of water distribution systems based on a real options approach |
| spellingShingle |
Multi-objective optimization of water distribution systems based on a real options approach Marques, João carbon emissions Multi-objective optimization real options simulated annealing uncertainty water networks |
| title_short |
Multi-objective optimization of water distribution systems based on a real options approach |
| title_full |
Multi-objective optimization of water distribution systems based on a real options approach |
| title_fullStr |
Multi-objective optimization of water distribution systems based on a real options approach |
| title_full_unstemmed |
Multi-objective optimization of water distribution systems based on a real options approach |
| title_sort |
Multi-objective optimization of water distribution systems based on a real options approach |
| author |
Marques, João |
| author_facet |
Marques, João Cunha, Maria Savić, Dragan A. |
| author_role |
author |
| author2 |
Cunha, Maria Savić, Dragan A. |
| author2_role |
author author |
| dc.contributor.author.fl_str_mv |
Marques, João Cunha, Maria Savić, Dragan A. |
| dc.subject.por.fl_str_mv |
carbon emissions Multi-objective optimization real options simulated annealing uncertainty water networks |
| topic |
carbon emissions Multi-objective optimization real options simulated annealing uncertainty water networks |
| description |
The authors acknowledge the publisher in granting permission for making post-print version available in open access institutional repository |
| publishDate |
2015 |
| dc.date.none.fl_str_mv |
2015-01 |
| dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
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info:eu-repo/semantics/article |
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article |
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publishedVersion |
| dc.identifier.uri.fl_str_mv |
https://hdl.handle.net/10316/46566 https://hdl.handle.net/10316/46566 https://doi.org/10.1016/j.envsoft.2014.09.014 |
| url |
https://hdl.handle.net/10316/46566 https://doi.org/10.1016/j.envsoft.2014.09.014 |
| dc.language.iso.fl_str_mv |
eng |
| language |
eng |
| dc.relation.none.fl_str_mv |
1364-8152 https://www.sciencedirect.com/science/article/pii/S1364815214002680 |
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info:eu-repo/semantics/openAccess |
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openAccess |
| dc.publisher.none.fl_str_mv |
Elsevier |
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Elsevier |
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RCAAP |
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RCAAP |
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Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
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Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
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Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia |
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info@rcaap.pt |
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1833602311766671360 |