Economic regrets of limited streamflow data for reservoir storage assessment

Research output: Contribution to conferencePaperpeer-review


Reliable assessment of reservoir storage-yield relationships depends on the availability of long, accurate streamflow data record which is representative of the underlying hydrological process at the site. When the data record is short, as is often the case in practice, the assessment is erroneous and the resulting capacity estimate is either under- or over-designed; in such a case, economic penalties are sustained. The aim of this paper is to present an opportunity loss (OL) model for quantifying the economic regrets and to show how such information could be usefully applied in making investment decisions on streamgauging, particularly in drought prone Mediterranean regions.

Original languageEnglish
Number of pages10
Publication statusPublished - 1995
EventEWRA 1995 Symposium - Nicosia, Cyprus
Duration: 14 Mar 199518 Mar 1995


ConferenceEWRA 1995 Symposium
CityNicosia, Cyprus

ASJC Scopus subject areas

  • General Earth and Planetary Sciences
  • General Engineering
  • General Environmental Science


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