The first new energy international carbon asset project of Tarim Oilfield - the 24MW supporting photovoltaic power generation project of Fuman Oilfield completed its first carbon asset transaction in the EU carbon market. The first transaction target was 26,700 tons of carbon emission reduction, marking a breakthrough from "0 to 1" in the international carbon asset transaction of Tarim Oilfield.
The 24MW photovoltaic power generation project of Fuman Oilfield is located in the Hade Oilfield in the heart of the Taklimakan Desert. It mainly includes two 12MW distributed photovoltaic power stations with an annual power generation of 38 million kWh, all of which are used for upstream production in the oilfield. After verification, the project reduces carbon dioxide emissions by 30,000 tons per year, of which 26,700 tons of carbon emission reduction are used for this transaction. Through the first international carbon asset transaction, Tarim Oilfield has successfully explored the complete value chain of "green electricity production-carbon sink development-international transaction", realized the economic value of carbon assets, and successfully transformed the green and low-carbon actions of Chinese energy companies into a globally recognized "environmental currency". "We have blazed a new path for carbon asset realization, which has greatly encouraged everyone's confidence in exploring and tackling tough problems in the low-carbon and zero-carbon fields." Zhu Wei, a first-level new energy engineer of the New Energy Division of Tarim Oilfield, said.
Carbon assets are a new engine for high-quality development of the traditional energy industry. In recent years, Tarim Oilfield has accelerated the construction of carbon asset capabilities, tackled and promoted low-carbon, zero-carbon, and negative-carbon unique technologies, and promoted the transformation of new energy projects from "policy-driven" to "value-driven", using the "green content" of enterprises to improve the "gold content" of development. At present, Tarim Oilfield has made major breakthroughs in the field of green certificate trading, with a total of 1.65 million green certificates issued and 1.35 million green certificates successfully listed for sale. At the same time, Tarim Oilfield has learned from and introduced the carbon market trading mechanism to further improve the overall carbon asset project management capabilities.
From desert well stations to Gobi oil fields, from green electricity substitution to carbon sink value-added, Tarim Oilfield is using new energy as a fulcrum to reconstruct the traditional energy value chain. At present, 10 well sites in the Hade Oil and Gas Management Area and the first station of the West-East Gas Transmission have successfully passed the carbon neutrality certification and become the first batch of zero-carbon sites in the oilfield. Tarim Oilfield stood out from nearly 200 leading companies in key industries across the country and was named the "leader" enterprise in China's industrial carbon peak.