Stable Matching Model of Green Certificate Centralized Transaction Based on Virtual Power Plant

Abstract

The green certificate trading system relies on market competitive dividends to achieve the goal of renewable energy development in the most cost-effective way, but the market design involves many complex issues such as the formulation of trading rules, the formation of price mechanisms and the implementation of control measures, so only a scientific and thorough market design can ensure the good operation of the green certificate trading market. Based on the market design idea of stable matching, this paper adopts Pro-rata matching algorithm to carry out "Research on stable matching model of green certificate centralized trading based on virtual power plant". The effectiveness of stable matching market design to solve the inefficiency problem of green certificate trading market is evaluated from two perspectives of stability and incentive.