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Hydro power is a renewable source of energy that plays a key role in electric power systems, especially due to its flexibility and to its ability to allow the integration of other intermittent renewable sources.

The medium-term hydro-scheduling is a very complex task that involves a great variety of processes and variables,some of which are considered stochastic, because of their uncertainty in the medium term. Two combined methodsare used by Iberdrola  in medium-term hydro-scheduling: stochastic optimization and simulation [1].

[1] Medium-term Hydro-scheduling in Iberdrola

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