Abstract: Under the carbon trading mechanism, virtual power plants（VPP） aggregating distributed energy resource（DER） to participate in electricity market（EM） trading will help new energy consumption and improve environmental benefits. This paper constructed a multi-agent VPP model including wind turbine, photovoltaic power, controllable distribution generation, stored energy, and flexible load, and formulated bidding strategies for each entity participating in the electric energy market（EEM） and peak regulating market（PRM）. The EEM and PRM examples showed that participating in peak regulating bidding by VPP could achieve the maximum benefits of VPP and reasonable distribution of the interests among DER members. Moreover, this paper introduced the carbon trading mechanism, analyzed the correlation between changes in carbon trading price and wind and solar consumption rate, carbon emissions and VPP benefits, and further explored the impact of carbon sink resource trading on electricity price, output and energy demand change rate. It provided a basis for the ecological protection compensation mechanism of carbon sink value, and also provided a reference for the price transmission effect of carbon market（CM） on EM under the coordination of electricity-carbon market and the optimization design of CM price mechanism.