Table 3 AIC value for each statistical model at different time of the day
From: Novel approaches to the energy load unbalance forecasting in the Italian electricity market
Hour | ES | ARIMA | ARMA-GARCH | ARMAX-GARCH |
|---|---|---|---|---|
h:3:00 | 2,080.565 | 1,836.58 | 15.418 | 15.405 |
h:10:00 | 2,171.46 | 1,914.24 | 16.147 | 16.417 |
h:18:00 | 2,219.794 | 1,955.092 | 16.486 | 16.462 |
h:22:00 | 2,466.305 | 1,917.174 | 15.833 | 15.837 |