Heat Pump Heating and District Cooling projects in greater Beijing
What
- Importance: District cooling in China is primarily driven by market forces, without specific development guidelines from the central government. Some provinces, e.g. Guangdong province has issued action plans for green. District cooling projects in China predominantly focus on Central Business Districts (CBDs), which are characterized by high-density urban development. According to interviews, district cooling in China is still in the early stages of development. The development of district cooling has experienced a significant acceleration since China’s adoption of the “dual-carbon” strategy. Ice storage technology is widely employed in district cooling projects in China, leveraging surplus electricity during off-peak nighttime periods to generate and store ice. This practice helps in balancing the peak-valley disparity in the power grid, thereby improving the overall efficiency of power-generating facilities.
- Business opportunity: The Beijing Municipal Development and Reform Commission approved the funding application reports for 11 ground source heat pump heating and cooling projects. After all the projects are completed, the annual renewable energy utilization will be 11,500 tons and the carbon dioxide emissions will be reduced by 14,000 tons.
- Manufacturers of heating, ventilation, and air conditioning (HVAC) equipment can benefit from the increased demand for energy-efficient cooling technologies. They can supply chillers, heat exchangers, pumps, and other components required for district cooling systems.
- Companies offering energy efficiency solutions can support the optimization and management of district cooling systems. They can provide technologies for energy monitoring, control systems, and demand-side management to enhance the overall efficiency of the cooling infrastructure.
- Renewable Energy Companies: District cooling systems can integrate renewable energy sources to reduce carbon emissions. Renewable energy companies specializing in solar, geothermal, or waste heat recovery technologies can provide solutions for powering district cooling plants with clean energy sources.
- Thermal Energy Storage Providers: Thermal energy storage (TES) systems can enhance the efficiency and reliability of district cooling systems. Companies offering TES technologies, such as chilled water storage tanks or phase change materials, can contribute to the development of efficient and flexible district cooling infrastructure.
- Smart Technology Providers: Companies specializing in smart technologies, data analytics, and Internet of Things (IoT) solutions can support the monitoring, control, and optimization of district cooling systems. They can provide software platforms, sensors, and data management systems to improve energy efficiency and operational performance.
- Concrete project plan: Tsinghua University Tongzhou Financial Development and Talent Training Base Ground Source Heat Pump Heating and Cooling Project. The investment amount is 144.2 million RMB.
How
The investment amount is 144.2 million RMB.
Call to action
Since 2012, district energy has been as a focused area for promotion in the Chinese market. Currently, there are ongoing discussions regarding the promotion plan for district energy and energy-focused building technologies.
Please contact thomas.larsen@business-sweden.se for more details.