Recently, China Petroleum & Chemical Corporation(600028) group Capital Co., Ltd. (hereinafter referred to as “Sinopec capital”) invested in Beijing zhongkefuhai Low Temperature Technology Co., Ltd. to actively layout the field of comprehensive development and application of hydrogen and helium resources; On April 13, Beijing new energy branch of CNOOC (China) Co., Ltd. was inaugurated and established in Changping, Beijing, focusing on wind power generation, CCUs, hydrogen energy and other businesses; In December 2021, PetroChina established a new energy professional company – PetroChina Shenzhen New Energy Research Institute Co., Ltd., with a registered capital of 100 million yuan
Driven by the goal of carbon peak and carbon neutralization, the green energy transformation of traditional large oil enterprises represented by “three barrels of oil” is accelerating.
geothermal hydrogen “full bloom”
The reporter learned that the above financing led by Sinopec capital was jointly completed with Sinochem capital venture capital, China Agricultural Bank Of China Limited(601288) , BAIC Futian and other well-known investment institutions and industrial capital, with a total investment of 300 million yuan.
Sinopec capital said that this investment is a specific measure to actively implement the group’s vision and goal of “building a world leading clean energy chemical company”, and help the innovative development of hydrogen energy comprehensive development and application and helium resource development by accelerating the investment layout of hydrogen energy industry. The two sides will give full play to their respective advantages and jointly contribute to promoting the development of hydrogen energy industry and ensuring the safety of China’s hydrogen resources.
Since Sinopec put forward the “hydrogen energy” business, the faster it will go. According to relevant plans, during the “14th five year plan” period, Sinopec will build 1000 hydrogenation stations or oil hydrogen joint construction stations throughout the country; At the same time, it is planned to build the largest renewable hydrogen production, storage and transportation network in China.
CNOOC has successively established a number of new energy professional companies in recent two years, focusing on offshore wind power, Cecep Solar Energy Co.Ltd(000591) power generation, geothermal, hydrogen energy and other businesses, and building an integrated energy company with CNOOC characteristics. According to the new energy investment and development plan disclosed by CNOOC, during the “14th five year plan” period, CNOOC’s investment in renewable energy will account for 5% – 10%. By 2025, the target is to obtain 5 million kW to 10 million kw of offshore wind power resources and 1.5 million kw of installed capacity; Obtain 5 million kilowatts of land scenery resources and put into operation from 500000 kilowatts to 1 million kilowatts.
Whether it is based on the existing traditional oil and gas business to extend the development of hydrogen energy and geothermal, or enter new fields such as wind power and photovoltaic, PetroChina’s layout in the field of new energy can not be underestimated. The reporter learned that in 2021, PetroChina achieved a new pattern of coordinated development of “oil, gas, thermoelectric and hydrogen”, with a new energy development and utilization capacity of 3.45 million tons of standard coal, and a total capacity of nearly 7 million tons of standard coal / year, a record high.
“Driven by the ‘double carbon’ goal and the internal demand for sustainable development of enterprises, oil and gas enterprises are actively transforming, exploring the development and utilization mode of new energy industry, building a new profit growth pole with the help of new energy industry and practicing green transformation.” Petrochina Company Limited(601857) group economic and Technological Research Institute Development Strategy Institute senior economist Kang Yu said.
open a new mode of innovative energy development
“At present, oil, coal and other enterprises are actively balancing the existing business portfolio and laying out the renewable energy business chain. Although the scale is small, it can lay the foundation and accumulate experience for large-scale application in the future.” Petrochina Company Limited(601857) national high-end think tank Research Center full-time deputy director Lv Jianzhong recently wrote an article.
Public materials show that through continuous exploration in the field of new energy in recent years, current oil enterprises have established and extended their traditional main business, and have formed a new energy development and utilization model with “oil enterprise characteristics” .
Taking PetroChina as an example, the development and utilization of geothermal resources is equivalent to the extension of its traditional exploration and development business for oil and gas enterprises. In North China, PetroChina Jidong Oilfield has created a “Jidong model” for commercial utilization of geothermal resources with “balanced production and irrigation, stable operation, efficient heating, energy conservation and environmental protection”.
In the northwest, PetroChina Yumen Oilfield has also built a clean energy base of “multi energy complementary integration” and “source network load storage integration”, forming a “Yumen mode” of dual utilization of wind energy and light energy.
In the northeast region, PetroChina Jilin oilfield is exploring the “Jilin model” of refining and chemical transformation and green development, which is the linkage implementation of Jilin Petrochemical transformation and upgrading project and Jilin Oilfield wind power generation project. All new power consumption is guaranteed by Jilin Oilfield green power, effectively reducing carbon emissions.
In Sichuan and Chongqing, PetroChina Southwest Oil and gas field has created a “Southwest model” for the integration of natural gas and new energy, that is, focusing on internal clean substitution, clean power, hydrogen energy and strategic associated resources, and developing a new green and low-carbon business of “natural gas +”.
Although Chinese oil and gas enterprises have made substantial steps in developing new energy, this is only the initial exploration of green transformation of traditional energy enterprises. Some insiders pointed out that in the process of accelerating the pace of energy transformation, traditional oil enterprises still face many bottlenecks, such as the relatively weak core technology foundation of new energy and the lack of professional talent reserve. At the same time, the current competition in the development and construction of new energy is fierce, and it is difficult for oil and gas enterprises to obtain the online indicators of new energy power generation.
“In the future, oil and gas enterprises need to continue to tackle key technological problems, strengthen joint ventures and cooperation with advanced enterprises, and constantly explore business model innovation. At the same time, the state also needs to give relevant policies to support oil and gas enterprises to become the backbone to achieve the” double carbon “goal and ensure energy security.” Kang Yu said.
\u3000\u3000 “To build a renewable energy industry chain and innovation chain, traditional fossil energy enterprises and renewable energy enterprises need to work together. Large energy enterprises should take the initiative to assume the responsibility of the ‘chain leader’ or ‘chain owner’ of the renewable energy industry chain, and drive the coordinated development of a large number of ‘chain friends’ of small and medium-sized enterprises. In particular, we should strengthen technological innovation cooperation, take the lead in the establishment of innovation consortia, and give full play to the advantages of the application scenarios of large enterprises. For example, large energy enterprises Source enterprises can seek technical cooperation with photovoltaic enterprises to build photovoltaic power generation or hydrogen production projects by using their own industrial and mining areas, idle sites and building roofs, so as to provide application scenarios for new technologies. ” LV Jianzhong pointed out.
