Considering the Multi-Principal Gaming Transaction Model of Carbon-Green Certificates under Blockchain Architecture

Abstract

In order to cope with the problems of imperfect trading system in the current renewable energy trading, and the poor effect of green certificate system in encouraging renewable energy to connect to the grid and alleviating the pressure of financial subsidies, in the context of carbon emission reduction in the power industry and the development of renewable energy, we put forward a multi-subjects gaming trading model under the blockchain architecture considering the carbon-green certificates and categorize the system participants into four groups. The participants of the system are divided into four categories to form a cooperative gaming alliance, and through the introduction of the concept of “green pass” and the consensus mechanism based on POC-GT, combined with the key features of blockchain such as distributed ledger and smart contract, we construct an innovative trading market structure and operation mechanism. By integrating blockchain technology and multi-subject game theory, an efficient, fair and transparent trading model is designed to optimize the allocation of carbon emission resources, promote the development of green energy, and achieve synergistic sustainability of the economy and the environment.