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data from a transmission system operator (TSO) and a balancing unit in Germany. Our forecast method is evaluated against … other models including the TSO forecast model. It outperforms them in terms of mean absolute percentage error (MAPE) and …
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a market. -- Forecast of electricity demand ; power generation planning ; implementation of prediction markets … ; forecast of future demand ; mechanism design of capacity markets ; prediction market for continuous variables ; winner …
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This study assesses the accuracy of time-series econometric methods in forecasting electricity demand in developing countries. The analysis of historical time series for 106 developing countries over 1960-2012 demonstrates that econometric forecasts are highly accurate for the majority of these...
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