Imbalance volume prediction – new feature of PowerSchedO for Market Analysis

Terna establishes the sign of macro-zonal imbalance in a simple two-step process:

1. calculates the unbalancing volume of each individual macro-area
2. the sign of imbalance is equal to the sign of the volume of imbalance

To manage the uncertainties related to macro-zonal imbalance, wholesale operators in the electricity market adopt appropriate risk management techniques. The data considered are many and among these there is often the prediction of the imbalance sign.

To give more importance to the analyzes elaborated with PowerSchedO for Market Analysis, we forecast the imbalance volume forecasts of the imbalance sign. Average and expected standard deviation have hourly granularity and are distinguished by macro-area.

Customers who already receive the imbalance sign forecasts, will also receive the imbalance volume forecasts in a specific excel, within the already active contract.