2nd round of European Statistics Awards on Nowcasting
The Eurostat announces the 2nd round of European Statistics Awards on Nowcasting.
The competition aims at stimulating innovation in the area of Nowcasting for European statistics. In the ENERGY STATISTICS NOWCASTING CHALLENGE, teams will focus on using advanced modelling techniques and (nearly) real-time auxiliary data, to come up with nowcasts for key energy time series way ahead of the official figures. The nowcasts that are closest to the official European statistics will be rewarded for Accuracy, and the team that best documents their nowcasting models will win the Reproducibility Award.
The competition will run until 31 March 2024. Competitors are invited to register by 28 September 2023 and try their chances on their own or in a team of peers. Competitors can win up to €8 000 per nowcasted time series. The team that secures the top spot for all three time series could earn up to €24 000 in this round.
For more information on the European Statistics Awards Programme, please refer to the European Statistics Awards website or drop the team a line.