I would like to extend a German power market model by export and import from neighbouring countries. The German model includes all block-units of power stations and hourly load time series. I am thinking of either doing a regression using historical data or a simplified fundamental model that illustrates the European power plant complex.
Has somebody tried a similar approach or has any advice? I am happy about any hint, comment or referral to literature / other models. Feel free to ask for more information if you have any questions.