A decomposition-ensemble-integration framework for carbon price forecasting

Xiang Li, Yongqi Zhang, Lei Chen, Jia Li, Xiaowen Chu

Abstract: Highlights•Different models show distinct forecasting ability in different frequency domains.•Ensemble technique with Intrinsic Mode Function boosts overall predictive accuracy.•Optimizing ensemble parameters by solving individual optimization problems.•The framework significantly enhances carbon price forecasting in four data sets.