Carbon peaking and carbon neutrality are both challenges and opportunities. As a pioneer of carbon reduction, the China (Shandong) Pilot Free Trade Zone Yantai Area actively seeks changes and unswervingly makes innovations to promote all-around green and low-carbon transformation of energy structure, industrial structure, as well as production and lifestyle, realizing the development of carbon reduction. The successful registration of Hehai New Energy Development (Yantai) Co., Ltd. recently marks the official settlement of the first demonstration project of carbon emission reduction in Yantai.
This project is jointly established by Wanhua Chemical and Hehai New Energy, with a total investment of 5 billion yuan and a registered capital of 600 million yuan. Through the coupling of various innovative technologies, this project recycles and reuses the waste heat generated by Wanhua Yantai Industrial Park to supply high-grade heat energy for production in the park and provide the clean heat source for winter heating of Yantai. Through this technology, Wanhua Yantai Industrial Park can save about 2.6 million tons of coal, reduce 6.7 million tons of carbon dioxide emissions, save more than 20 million cubic meters of water, and meanwhile, guarantee 110 million square meters of urban heating, perfectly combining the energy-saving technology of chemical facilities and civil low-grade heat energy technology.
Currently, it is imperative to promote green and low-carbon production and lifestyle as well as urban construction and operation model. Under the strong cooperation of Wanhua Chemical and Hehai New Energy, the project will strictly observe the environmental quality bottom line and the resource utilization upper limit, providing a solid guarantee for replacing the urban heat source and realizing carbon-free heating in Yantai, and making new contributions to strengthening ecological environment management and control and building a green and low-carbon park.