Reservoir Planning Using Marketable Water Rightsby J. Wayland Eheart, Univ of Illinois at, Urbana-Champaign, Dep of Civil, Engineering, Urbana, IL, USA,
Benedict D. C. Wong, Univ of Illinois at, Urbana-Champaign, Dep of Civil, Engineering, Urbana, IL, USA,
Document Type: Proceeding Paper
Part of: Water for Resource Development
The needs and approaches for developing efficient methods for the allocation of natural water supplies and efficient planning methods for the design and operation of reservoirs and other water supply enhancement techniques are often inter-related. Recent studies have shown that marketable water permits are attractive as a vehicle for allocating water supplies. Management techniques to integrate marketable water rights systems with systems for the design and operation of a single reservoir are developed. The development of reservoirs by regulated public utilities is considered. It is determined that the results of auctions of spot rights provide useful information in the design of reservoirs and that the monopoly curtailment of supply is a potential problem.
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