Stochastic simulation of streamflow and spatial extremes: A continuous, wavelet-based approach

The approach consists of five steps: (1) derivation of random phases, (2) fitting of the kappa distribution, (3) wavelet transform, (4) inverse wavelet transform, and (5) transformation to kappa distribution. We apply and evaluate PRSim.wave on a large set of 671 catchments in the contiguous United States. We show that this approach allows for the generation of realistic time series at multiple sites exhibiting short- and long-range dependence, non-stationarities, and unobserved extreme events.

Our evaluation results strongly suggest that the flexible, continuous simulation approach is potentially valuable for a diverse range of water management applications where the reproduction of spatial dependencies is of interest. Examples include the development of regional water management plans, the estimation of regional flood or drought risk, or the estimation of regional hydropower potential.