Assessing the Advantages of Green Power Trading in Renewable Energy Plants

As global concerns over climate change and sustainable development grow, renewable energy sources like wind, solar, and hydroelectric power are becoming key pathways for transforming electricity systems. Researchers worldwide are exploring innovative market mechanisms to integrate renewable energy effectively and maximize its benefits. However, the current evaluation system for green power projects is limited, focusing mainly on economic returns and lacking a comprehensive assessment approach. To address this, a comprehensive benefit evaluation system has been proposed, which includes an analysis model covering economic, environmental, and social benefits, emphasizing the role of social and environmental factors in decision-making. A new evaluation index system and fuzzy analysis method provide quantitative tools for assessing green power trading projects. Case studies show that this approach outperforms others on most indicators, confirming its effectiveness. The study concludes that green power projects offer significant comprehensive benefits and provides recommendations for the healthy development of the green power trading market, crucial for advancing renewable energy adoption and global green development.

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Publication Details

Published
2025-04-25
DOI
https://doi.org/10.1109/ceepe64987.2025.11033868
Primary Topic
Integrated Energy Systems Optimization
Type
article
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article

Assessing the Advantages of Green Power Trading in Renewable Energy Plants

Changjiang Su, Chengdong Yang, Bin Wang, Haixu Liu et al.
Integrated Energy Systems Optimization
article

Assessing the Advantages of Green Power Trading in Renewable Energy Plants

Changjiang Su, Chengdong Yang, Bin Wang, Haixu Liu, Jian Kou, Hongyong Liu, Shuailiang Yao, D.K.W. Cheng
article en

Abstract

As global concerns over climate change and sustainable development grow, renewable energy sources like wind, solar, and hydroelectric power are becoming key pathways for transforming electricity systems. Researchers worldwide are exploring innovative market mechanisms to integrate renewable energy effectively and maximize its benefits. However, the current evaluation system for green power projects is limited, focusing mainly on economic returns and lacking a comprehensive assessment approach. To address this, a comprehensive benefit evaluation system has been proposed, which includes an analysis model covering economic, environmental, and social benefits, emphasizing the role of social and environmental factors in decision-making. A new evaluation index system and fuzzy analysis method provide quantitative tools for assessing green power trading projects. Case studies show that this approach outperforms others on most indicators, confirming its effectiveness. The study concludes that green power projects offer significant comprehensive benefits and provides recommendations for the healthy development of the green power trading market, crucial for advancing renewable energy adoption and global green development.

Affordable and clean energy
Openalex Percentile: Top 88%
Integrated Energy Systems Optimization
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Assessing the Advantages of Green Power Trading in Renewable Energy Plants — Changjiang Su, Chengdong Yang, et al. · (2025) | TGRS Research Map | TGRS