Research Article

Stochastic Dynamic Programming Applied to Hydrothermal Power Systems Operation Planning Based on the Convex Hull Algorithm

Table 10

Comparison of results for different discretization levels.

Discretization levelMean cost ($)—60 monthsDifference to DDDP (%)Computational time (s)

62,224,821.164.410.28
112,132,627.150.090.72
212,130,756.3402.45