ERFLEarth and Environment · FIU

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Supply and financial risk for water utilities

Decision making for a water utility when supply risk and financial risk are both uncertain.

Water utilities plan under uncertainty in hydrology, demand, and cost. A plan that looks reliable on supply can still strain finances, and a plan that looks inexpensive can fail when drought or growth arrives.

With Christina Petagna and collaborators, including partners at Tampa Bay Water, this paper studies how a utility can weigh supply risk and financial risk together. It was published in the Journal of Water Resources Planning and Management in 2026.

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