A　low-carbon　energy　policy　is　an　effective　measure　for　promoting　the　development　of　renewable　energy(RE).　China　has　introduced　renewable　portfolio　standards(RPS)　and　voluntary　subscription　for　tradable　green　certif-icates(TGCs),　but　the　market　response　is　not　significant.　China＇s　electricity　trading　functions　at　provincial-level　regions,　and　there　are　differences　in　resources　between　the　provinces.　New　policies　need　to　consider　the　char-acteristics　of　each　province　to　reduce　market　implementation　risk　for　introduction　and　implementation.　Therefore,　based　on　the　provincial　characteristics　of　energy　resource　endowment　in　China,　we　construct　a　system　dynamics(SD)　model　of　the　coupling　of　the　RE　market,　consumption　above　quota(CAQ),　and　TGC　market　based　on　the　structure　of　the　sending-end　grid(SG)　and　receiving-end　grid(RG).　Three　types　of　TGC　models　were　designed　based　on　the　scope　of　the　TGC　market.　Finally,　the　impact　of　policy　parameters　such　as　the　RPS　target,　inter-provincial　transmission　capacity,　TGC　validity　period,　and　technology　cost　on　the　development　of　RE　in-dustries　in　both　SG　and　RG　was　analyzed.　The　results　show　that　the　TGC　market　to　be　developed　independently　in　various　provinces　in　the　initial　stage　and　later　expanded　into　a　unified　market.　Increased　RPS　requirements,　increased　inter-provincial　transmission　capacity,　and　lower　RE　costs　can　enhance　policy　implementation.