Abstract
This paper proposed an auditing method for medium and long-term inter-provincial generation right trading based on blockchain technology, ensuring that market participants’ private data and trade secrets cannot be tampered, and the transaction process can be traced back. In this way, trading institutions and regulatory authorities can obtain credible data. The method can provide a two-way book to trace the flow of energy and financial assets, provide data verification services to confirm the integrity and validity of the data, and it can provide data auditing service to identify contents that have been tampered. This paper took the generation right trading between the East and the West of China as an example, a blockchain testing environment was established to verify the feasibility of the auditing method for generation right trading. This paper offered an auditing solution for registration, declarations, clearing, and settlement of data involved in inter-provincial generation right trading.
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