Seasonal reservoir: one backward pass, every storage level

The page solves Bellman's equation on the same grid as the chapter (181 storage levels, releases in steps of 10 hm³, 52 weeks) each time a parameter changes.

Storage on 1 Jan

Freshet size

Winter price swing

Year-end water price

Turbine capacity

price p_t water value of next week's storage, $/MWh at today's head inflow release spill

Week 1

Revenue, optimal policy

Revenue, run of river

Water spilled (optimal)

Storage on 31 December