This paper describes a methodology to examine reservoir size of pumped
storage. in studying required characteristics of pumped storage such
as required reservoir size, careful analysis is indispensable on its f
uture operation. This paper presents a monte carlo simulation method t
hat incorporates uncertainty in demands and supply capability and deal
s with both weekly and daily operations of pumped storage. The method
examines required reservoir size from the viewpoint of power system re
liability. A sample study discusses the sensitivity of required reserv
oir size on load profiles and generation mix.