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Adaptive and flexible water infrastructure capacity expansion using real-option theory
Optimisation modelling is currently used at Thames Water Utilities Limited (TWUL) to identify the most cost-effective mixture of options to increase supply and reduce demand to create their WRMP. We will look at next generation system planning under uncertainty approaches such as real options and robust optimisation, with a view to their applicability for TWUL to increase their adaptibality for helping them to mitigate for future uncertainty and climate change.
1 Researchers
  • Dept of Civil, Environ &Geomatic Eng
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University College London - Gower Street - London - WC1E 6BT Tel:+44 (0)20 7679 2000

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