nabqr: Python package for correcting probabilistic forecasts

We introduce the open-source Python package NABQR: Neural Adaptive Basis for (time-adaptive) Quantile Regression that provides reliable probabilistic forecasts. NABQR corrects ensembles (scenarios) with LSTM networks and then applies time-adaptive quantile regression to the corrected ensembles to obtain improved and more reliable forecasts. With the developed package, we achieve substantial improvements for simulated wind power production data.

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Publication Details

Journal
SoftwareX
Published
2025-04-15
DOI
https://doi.org/10.1016/j.softx.2025.102153
Citations
1
Primary Topic
Meteorological Phenomena and Simulations
Type
article
Field-Weighted Citation Impact
1.30
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article

nabqr: Python package for correcting probabilistic forecasts

Peter Nystrup, Henrik Madsen, Jan Kloppenborg Møller, Bastian Schmidt Jørgensen
1 citations
SoftwareX
Meteorological Phenomena and Simulations
1.30
article

nabqr: Python package for correcting probabilistic forecasts

Peter Nystrup, Henrik Madsen, Jan Kloppenborg Møller, Bastian Schmidt Jørgensen
article en
1 citations

Abstract

We introduce the open-source Python package NABQR: Neural Adaptive Basis for (time-adaptive) Quantile Regression that provides reliable probabilistic forecasts. NABQR corrects ensembles (scenarios) with LSTM networks and then applies time-adaptive quantile regression to the corrected ensembles to obtain improved and more reliable forecasts. With the developed package, we achieve substantial improvements for simulated wind power production data.

SoftwareXVol. 30
Queen's University (CA), Technical University of Denmark (DK)
Openalex Percentile: Top 24%
Meteorological Phenomena and Simulations
1.30
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