Definition of efficient scarcity-based water pricing policies through stochastic programming

Macian-Sorribes, H.; Pulido-Velazquez, M.; Tilmant, A.

doi:10.5194/hess-19-3925-2015

Articles | Volume 19, issue 9

https://doi.org/10.5194/hess-19-3925-2015

© Author(s) 2015. This work is distributed under
the Creative Commons Attribution 3.0 License.

https://doi.org/10.5194/hess-19-3925-2015

© Author(s) 2015. This work is distributed under
the Creative Commons Attribution 3.0 License.

Articles | Volume 19, issue 9

Research article

|

23 Sep 2015

Research article |

| 23 Sep 2015

Definition of efficient scarcity-based water pricing policies through stochastic programming

H. Macian-Sorribes, M. Pulido-Velazquez, and A. Tilmant

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Apr 2015	29	13	0	42
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Latest update: 16 Nov 2025

Short summary

One of the most promising alternatives to improve the efficiency in water usage is the implementation of scarcity-based pricing policies based on the opportunity cost of water at the basin scale. Time series of the marginal value of water at selected locations (reservoirs) are obtained using a stochastic hydro-economic model and then post-processed to define step water pricing policies.