Benchmarking Explanatory Models for Inertia Forecasting using Public Data of the Nordic Area
This paper investigates the performance of a day-ahead explanatory model for inertia forecasting based on field data in the Nordic system, which achieves a 43% reduction in mean absolute percentage error (MAPE) against a state-of-the-art time-series forecast model. The generalizability of the explanatory model is verified by its consistent performance on Nordic and Great Britain datasets. Also, it appears that a long duration of training data is not required to obtain accurate results with this model, but taking a more spatially granular approach reduces the MAPE by 3.6%. Finally, two further model enhancements are studied considering the specific features in Nordic system: (i) a monthly interaction variable applied to the day-ahead national demand forecast feature, reducing the MAPE by up to 18%; and (ii) a feature based on the inertia from hydropower, although this has a negligible impact. The field dataset used for benchmarking is also made publicly available.
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