An optimized GRT model with blockchain digital smart contracts for power generation enterprises
针对传统发电权交易市场电碳市场互联弱、安全性低的问题，提出基于区块链智能合约的弱中心化发电权交易结构，引入碳排放因子改进模型，实证表明减排效果优于基准模型。
The traditional power generation rights trading (GRT) market is faced with the problems of weak interconnection of electricity‑carbon market and low security. Using smart contracts in the blockchain , the idea of establishing a weakly centralized GRT structure is proposed in this paper. The carbon emission factor was introduced to improve the GRT model, and carbon emission market is used to further stimulate the emission reduction vitality of generating units. The empirical results show that compared with the benchmark model and improved model 1, the improved GRT model proposed by us has the best emission reduction effect. The contribution of this paper is to make up for the existing research that cannot fully consider the impact of carbon peak and carbon neutralization on the GRT market, as well as the information security issues brought by big data trading on the GRT platform. This paper puts forward some policy implications for the decarbonization and green development of the electricity market advocated by the Chinese government.