https://www.selleckchem.com/pr....oducts/bsj-4-116.htm
The accurate prediction of carbon prices poses a tremendous challenge to relevant industry practitioners and governments. This paper proposes a novel hybrid model incorporating modified ensemble empirical mode decomposition (MEEMD) and long short-term memory (LSTM) optimized by the improved whale optimization algorithm (IWOA). This model is based on the nonlinear and non-stationary characteristics of carbon price. The original carbon price is first decomposed into nine intrinsic mode functions (IMFs) and a residual using the MEEMD mod