Dominik Möst is full professor of energy economics at the Technische Universität Dresden. Before being in Dresden, he was heading the Young Investigator Group (YIG) "New methods for energy market modelling" and the research group "Energy system analysis and environment" at the Institute for Industrial Production at the Karlsruhe Institute of Technology (KIT). He holds a Dr. rer. pol. from the Universität Karlsruhe (TH). His dissertation "On the competitiveness of hydropower in liberalized electricity markets" was awarded the Sparkassen-Preis for distinguished research at the Universität Karlsruhe. Dominik co-authored more than 100 articles, books and reports. He has ongoing and successfully completed scientific research and consulting projects with the European Union, government ministries, German Research Foundation, and different German and international companies. His research covers a broad range of topics from energy system and market modelling, energy market design, long range developments of energy markets and integration of renewable energies. Dominik has been awarded as Feodor-Lynen-Fellow of the Humboldt foundation at the University of Edinburgh. He is a member and chairman of the international business council renewables at Innogy SE as well as a member of scientific advisory boards (e.g. 50Hertz Transmission, German Aerospace Center Institute of Networked Energy Systems, etc.).
Zone-wide prediction of generating unit-specific power outputs for electricity grid congestion forecasts
This paper explores various statistical and statistical learning methods, with the goal of adequately predicting the on/off status and power output levels of all power plants within a control zone.