Geothermal energy is gaining more ground in China

Geothermal Energy - Hot Spring

Oil company begins to break into the geothermal energy market Sinopec, a large state-run oil company in China, has plans to move into geothermal energy. The company recently began drilling hundreds of wells throughout China. Instead of tapping into oil reserves, however, these wells are designed to leverage the potential of geothermal energy. This energy will be used to provide heat for homes in various parts of the country. This heat will not be generated through the use of fossil-fuels, making it environmentally friendly. Northern provinces are experiencing the benefits…

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Explore the Recent Research of China Geothermal Energy Industry 2015:MarketResearchReports.biz

MarketResearchReports.Biz has announced addition of new report “China Geothermal Energy Industry 2015 Market Research Report” to its database. The China Geothermal Energy Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Geothermal Energy industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Geothermal Energy market analysis is provided for the China markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as…

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Geothermal energy sector receives boost in China

Chinese oil giant seeking to commercialize geothermal power. After spending around 1 billion Yuan (just over $163 million US), over the past few years to develop over 10 pilot geothermal energy projects on mainland China, the country’s second largest producer of oil and gas, China Petrochemical Crop, is looking to commercialize the renewable resource. Geothermal has the potential to partially replace coal-powered energy generation in large cities. A Sinopec Star Petroleum researcher, Zhou Zongying, said that geothermal could probably be used to some extent instead of coal-fired electricity and heat…

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Geothermal energy could solve energy problems in China

Alternative energy may help China overcome emission and electricity struggles. According to the country’s deputy head of the environment department under the Ministry of Land and Resources, Chen Xiaoning, with the assistance of “home-grown technology” more electricity can be generated from clean energy sources, such as geothermal energy. Low-carbon communities are another plan of the Chinese government. Wany Jiyang of CASS (Chinese Academy of Social Sciences) has said that there are four geothermal wells that can provide heat for floor space that is 300,000 square meters in size. Housing authorities…

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