A Forecasting Model for the Prediction of System Imbalance in the Greek Power System

Abstract

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Balancing the Norwegian Regulated Power Market Anno 2016 to 2022

“…As the prediction horizon grows, cross-zonal transmission volumes give valuable information. Plakas et al (2023) presents a case study of the Greek balancing market and several short-term forecasting tools are developed and compared. The forecast-horizons considered are only 15-minutes and 1-hour and the authors does not claim their model has predictive power beyond this horizon.…”

Balancing the Norwegian Regulated Power Market Anno 2016 to 2022

“…Plakas et al [20] presents a case study of the Greek balancing market and several short-term forecasting tools are developed and compared. The forecast-horizons considered are only 15-minutes and 1-hour and the authors does not claim their model has predictive power beyond this horizon.…”