MyJournals Home  

RSS FeedsEnergies, Vol. 12, Pages 277: Analysis and Forecasting of the Carbon Price in China`s Regional Carbon Markets Based on Fast Ensemble Empirical Mode Decomposition, Phase Space Reconstruction, and an Improved Extreme Learning Machine (Energies)

 
 

18 january 2019 01:00:10

 
Energies, Vol. 12, Pages 277: Analysis and Forecasting of the Carbon Price in China`s Regional Carbon Markets Based on Fast Ensemble Empirical Mode Decomposition, Phase Space Reconstruction, and an Improved Extreme Learning Machine (Energies)
 


With the development of the carbon market in China, research on the carbon price has received more and more attention in related fields. However, due to its nonlinearity and instability, the carbon price is undoubtedly difficult to predict using a single model. This paper proposes a new hybrid model for carbon price forecasting that combines fast ensemble empirical mode decomposition, sample entropy, phase space reconstruction, a partial autocorrelation function, and an extreme learning machine that has been improved by particle swarm optimization. The original carbon price series is decomposed using the fast ensemble empirical mode decomposition and sample entropy methods, which eliminate noise interference. Then, the phase space reconstruction and partial autocorrelation function methods are combined to determine the input and output variables in the forecasting models. An extreme learning machine optimized by particle swarm optimization was employed to forecast carbon prices. An empirical study based on carbon prices in three typical regional carbon markets in China found that this new hybrid model performed better than other comparable models.


 
60 viewsCategory: Biophysics, Biotechnology, Physics
 
Energies, Vol. 12, Pages 278: Disturbance Rejection Control Method of Double-Switch Buck-Boost Converter Using Combined Control Strategy (Energies)
Energies, Vol. 12, Pages 276: Real Time Energy Management and Control of Renewable Energy based Microgrid in Grid Connected and Island Modes (Energies)
 
 
blog comments powered by Disqus


MyJournals.org
The latest issues of all your favorite science journals on one page

Username:
Password:

Register | Retrieve

Search:

Physics


Copyright © 2008 - 2024 Indigonet Services B.V.. Contact: Tim Hulsen. Read here our privacy notice.
Other websites of Indigonet Services B.V.: Nieuws Vacatures News Tweets Nachrichten