Study on Wind and solar power Generators' Participation in Electric Carbon Green Multi-Market Coupling Trading Strategy

With the transformation of the global energy structure and the increasing awareness of environmental protection, wind power generation, as a kind of clean energy, has become increasingly important in the electricity market. In addition to participating in the electricity market, wind power generators also need to participate in multiple markets such as the green certificate market and the carbon market. Compared with making trading decisions in different markets in isolation, power producers consider multiple market situations simultaneously to make trading decisions, thereby increasing revenues and reducing cost and profit risks. In order to formulate an effective coupled trading strategy for wind power generators in the electricity, carbon and green multi-markets, this paper constructs an optimization model with the objective of maximizing the value of electricity and green value, and verifies the effectiveness of the model through empirical analysis, and then puts forward a reasonable strategy proposal, which is aimed at providing decision-making support for wind power generators.

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Publication Details

Published
2025-08-08
DOI
https://doi.org/10.1109/iaeac65194.2025.11166294
Primary Topic
Electric Power System Optimization
Type
article
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article

Study on Wind and solar power Generators' Participation in Electric Carbon Green Multi-Market Coupling Trading Strategy

Bolun Xu, Hongjiao Hu
Electric Power System Optimization
article

Study on Wind and solar power Generators' Participation in Electric Carbon Green Multi-Market Coupling Trading Strategy

Bolun Xu, Hongjiao Hu
article en

Abstract

With the transformation of the global energy structure and the increasing awareness of environmental protection, wind power generation, as a kind of clean energy, has become increasingly important in the electricity market. In addition to participating in the electricity market, wind power generators also need to participate in multiple markets such as the green certificate market and the carbon market. Compared with making trading decisions in different markets in isolation, power producers consider multiple market situations simultaneously to make trading decisions, thereby increasing revenues and reducing cost and profit risks. In order to formulate an effective coupled trading strategy for wind power generators in the electricity, carbon and green multi-markets, this paper constructs an optimization model with the objective of maximizing the value of electricity and green value, and verifies the effectiveness of the model through empirical analysis, and then puts forward a reasonable strategy proposal, which is aimed at providing decision-making support for wind power generators.

State Grid Corporation of China (China) (CN), Shanghai Electric (China) (CN)
Openalex Percentile: Top 74%
Electric Power System Optimization
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