The PODO Model: Leveraging Security Token Offerings for a Market‐Driven Transition in Renewable Energy
PODOモデル：セキュリティトークン提供を活用した市場主導の再生可能エネルギー移行 (AI 翻訳)
Umair Khan, Shouwen Wang, Zhaohui Qin, Madiha Salik, Sumbal Ghani, Zabihullah Omari, Guo Rui
🤖 gxceed AI 要約
日本語
本研究は、再生可能エネルギー発電所への一般投資家の間接投資と早期資金回収を可能にするPODOモデルを提案。韓国の電力市場データを用いたシミュレーションで、全ステークホルダーに持続可能な収益をもたらし、政府補助金に依存しない市場ベースの普及経路を実証した。
English
This paper proposes the PODO model, a financial framework using Security Token Offerings (STOs) to enable fractional public investment in renewable energy and early capital recovery. Quantitative simulations using Korean power market data (2019-2024) confirm sustainable returns for all stakeholders and a viable market-based pathway, complementing existing subsidy mechanisms.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本では再生可能エネルギー固定価格買取制度（FIT）から市場連動型への移行が課題。PODOモデルは、ブロックチェーン技術を活用した新たな投資スキームとして、日本のFIT終了後の資金調達手段や分散型エネルギーリソースの流動化に示唆を与える。
In the global GX context
Globally, the paper addresses the critical gap in renewable energy finance beyond subsidies and loans. The PODO model offers a market-driven mechanism that could complement existing policies like ISSB-aligned transition finance, providing early liquidity and broadening investor participation in energy transition assets.
👥 読者別の含意
🔬研究者:The paper provides a quantitative framework for tokenized renewable energy assets, useful for researchers in green finance and energy transition.
🏢実務担当者:Energy developers and financiers can explore STOs as a tool for project funding and early capital recycling, potentially lowering cost of capital.
🏛政策担当者:Regulators can consider financial sandbox exemptions to test tokenized energy investments, supporting market-based renewable energy diffusion.
📄 Abstract（原文）
Governments worldwide have implemented various support systems, including competitive bidding auctions and feed‐in tariffs (FiTs), to accelerate renewable energy deployment. However, a critical gap remains: there is no mechanism enabling public indirect investment in renewable energy projects or early withdrawal of funds for reinvestment. Concurrently, Security Token Offerings (STOs) have emerged as an innovative financial service, leveraging blockchain to facilitate fractional investments and early liquidity in assets such as real estate or copyrights. This study proposes the Power on Digital Asset‐Backed Securities (DABS) On (PODO) model, a novel financial framework that adapts STOs to enable fractional public investment in renewable energy power plants while allowing businesses to recover and reinvest capital early. Through quantitative simulation—cash flow modeling based on historical Korean power market data, including System Marginal Price (SMP) and Renewable Energy Certificate (REC) averages from 2019 to 2024 and comparative policy analysis against FiTs, Renewable Portfolio Standards (RPSs), and auction systems, we analyze the model’s asset design, stakeholder profitability (e.g., trading platforms, asset managers, and trust companies), and overall effectiveness. Our analysis confirms that the PODO model can generate sustainable returns for all participants while creating a new distribution market, enhancing power generation management efficiency, and increasing asset value. A comparison with existing policies demonstrates that the PODO complements government‐led support systems, providing a viable pathway to shift renewable energy dissemination from a reliance on loans and subsidies toward a market‐based approach. Implementation will require regulatory exemptions through financial sandbox frameworks and designation as an innovative financial service.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.1155/er/7356915first seen 2026-07-24 06:42:41
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