Research on the collaborative trading model of green power, green certificates and carbon in sending-end regions with high proportion of new energy
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School of Electrical Engineering, Xinjiang University, Urumqi 830054 , China

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FM714

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    Abstract:

    A regional common market model featuring electricity-green certificate-carbon synergies is proposed for high-penetration renewable energy sending-end regions, where inelastic intra-provincial demand and lower regional market concentration lead to cost shifting. This model integrates power, green certificate, and carbon trading across inter-and intra-provincial markets, eliminating generators' speculative arbitrage arising from cost inversion under decoupled two-tier markets. A generalized Nash game is introduced to allocate the environmental value of green power, ensuring equitable benefit sharing across regions. Case studies demonstrate that this coordinated multi-energy and multi-rights trading mechanism enhances intra-provincial demand price elasticity, reduces system costs and carbon emissions, and significantly improves renewable energy utilization, offering a market-oriented and enduring solution for green power development.

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JIANG Fengxian, PAN Lixin, QIN Yufa, LIU Chenxuan, LI Xiaozhu. Research on the collaborative trading model of green power, green certificates and carbon in sending-end regions with high proportion of new energy[J].,2026,28(5):23-30.

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History
  • Received:April 26,2026
  • Revised:June 16,2026
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  • Online: September 18,2026
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