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

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

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dc.contributor.author Macian-Sorribes, Hector es_ES
dc.contributor.author Pulido-Velazquez, M. es_ES
dc.contributor.author Tilmant, A. es_ES
dc.date.accessioned 2016-11-29T10:44:47Z
dc.date.available 2016-11-29T10:44:47Z
dc.date.issued 2015
dc.identifier.issn 1027-5606
dc.identifier.uri http://hdl.handle.net/10251/74744
dc.description.abstract [EN] Finding ways to improve the efficiency in water usage is one of the most important challenges in integrated water resources management. One of the most promising solutions is the use of scarcity-based pricing policies. This contribution presents a procedure to design efficient pricing policies based in the opportunity cost of water at the basin scale. Time series of the marginal value of water are obtained using a stochastic hydro-economic model. Those series are then post-processed to define step pricing policies, which depend on the state of the system at each time step. The case study of the Mijares River basin system (Spain) is used to illustrate the method. The results show that the application of scarcitybased pricing policies increases the economic efficiency of water use in the basin, allocating water to the highest-value uses and generating an incentive for water conservation during the scarcity periods. The resulting benefits are close to those obtained with the economically optimal decisions. es_ES
dc.description.sponsorship This study has been partially funded by the European Union's Seventh Framework Program (FP7) ENHANCE (number 308.438). In addition, the authors acknowledge the editor and reviewers for their helpful and constructive comments. en_EN
dc.language Inglés es_ES
dc.publisher European Geosciences Union (EGU) es_ES
dc.relation.ispartof Hydrology and Earth System Sciences es_ES
dc.rights Reconocimiento (by) es_ES
dc.subject Water value es_ES
dc.subject Water pricing es_ES
dc.subject Stochastic programming es_ES
dc.subject Hydro-economic modeling es_ES
dc.subject.classification INGENIERIA HIDRAULICA es_ES
dc.title Definition of efficient scarcity-based water pricing policies through stochastic programming es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.5194/hess-19-3925-2015
dc.relation.projectID info:eu-repo/grantAgreement/EC/FP7/308438/EU/Enhancing risk management partnerships for catastrophic natural disasters in Europe/ es_ES
dc.rights.accessRights Abierto es_ES
dc.contributor.affiliation Universitat Politècnica de València. Escuela Técnica Superior de Ingenieros de Caminos, Canales y Puertos - Escola Tècnica Superior d'Enginyers de Camins, Canals i Ports es_ES
dc.contributor.affiliation Universitat Politècnica de València. Instituto Universitario de Ingeniería del Agua y del Medio Ambiente - Institut Universitari d'Enginyeria de l'Aigua i Medi Ambient es_ES
dc.description.bibliographicCitation Macian-Sorribes, H.; Pulido-Velazquez, M.; Tilmant, A. (2015). Definition of efficient scarcity-based water pricing policies through stochastic programming. Hydrology and Earth System Sciences. 19(9):3925-3935. https://doi.org/10.5194/hess-19-3925-2015 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion http://www.hydrol-earth-syst-sci.net/19/3925/2015/ es_ES
dc.description.upvformatpinicio 3925 es_ES
dc.description.upvformatpfin 3935 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 19 es_ES
dc.description.issue 9 es_ES
dc.relation.senia 294910 es_ES
dc.contributor.funder European Commission
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