A Non-Transferable Trade Scheme of Green Power Based on Blockchain

Abstract

Power consumers can obtain authoritative green environmental value certification through green electricity trading, which plays an important role in improving the production competitiveness of enterprises, especially for international product trade affairs. However, the credibility of green electricity transactions faces serious challenges in the enterprise green authentication affairs, especially the user’s identity authentication, the traceability of green electricity transactions, and the standardization of green electricity transactions. Aiming to solve the certification and traceability problem of tradable green certificates, this paper proposes an integrated green certificate trading protocol, which solves its double-trading problem and helps to improve the credibility of renewable energy use. The main contribution is providing a solution based on the consortium blockchain technology to solve the main challenges mentioned above. The main solved scheme designs a series of protocols, which includes a purchase protocol, payment protocol, and non-transferable protocol. The whole process ensures the credibility, traceability, and non-transferability of green certificate trading. Multiple verification measures are adopted to address security and privacy challenges in green certificate management. Through security analysis, the protocol effectively defends against attacks such as double payments, transaction rollback, and transaction replays while ensuring users’ privacy.