Teamcast forecaster profile:
Forecaster Name: @Benchmark
Forecaster since: 2 April, 2025
Forecaster type: Automatic benchmark
Quote: “Everything is relative" - Auguste Compte
Forecast description:
Market: Day-Ahead Auction, 15min, DE-LU
Target variable: Daily high-low price spread
Forecast name: Persistence
Data sources used: Recent historical actual spreads
Modelling approach: Benchmark: The high-low spread of the today’s Day-ahead auction equals yesterday’s Day-Ahead Auction high-low spread
Live since: 2 April, 2025
Updates: Updated daily at 7am, D-1
Forecast horizon: Forecasts spread of that day’s Day-Ahead Auction (D-1) for delivery day D