In the process of green power trading, green power reflects the value of electricity energy and green environment, and green certificates aim to reduce the pressure of new energy subsidies and guide the concept of green electricity consumption. In order to promote the integration of new energy through market-oriented mechanisms, ensure the basic income of new energy projects, reflect the environmental value of green electricity, promote the sustainable development of the new energy industry, and meet the needs of users for green electricity at the same time, this paper constructs a blockchain-based green electricity environmental value authentication and circulation method by using the characteristics of blockchain centralization, distributed ledger, consensus mechanism, and smart contract.