BPP Drives Decarbonization in China, Expanding Carbon Trading and Steam Pipeline Operations

Brickinfo News Agency – Banpu Power Public Company Limited (BPP) is advancing its decarbonization efforts in China through initiatives in carbon trading and the expansion of a steam pipeline network. The company, which has operated in China for over two decades, is leveraging its High Efficiency, Low Emissions (HELE) combined heat and power (CHP) plants to generate revenue from the sale of carbon emission allowances (CEAs). Additionally, BPP is expanding the steam pipeline at its Zouping power plant to serve industrial customers, aiming to reduce CO2 emissions and improve air quality. The full completion of this project is projected to add over THB 1 billion in annual revenue.

In the first half of 2025, BPP’s three CHP plants in China generated approximately RMB 19 million (around THB 100 million) in revenue from the sale of CEAs, stemming from the sale of roughly 258,800 tCO2e. The company is also integrating biomass co-firing innovation to further reduce emissions and increase its future potential for generating CEAs. A biomass co-firing project at the Zhengding power plant has begun commercial operation using a 10% biomass blend, which is expected to reduce CO2 emissions by about 70,000 tons annually. Preparations for similar projects are also underway at the Zouping and Luannan power plants. BPP has set a target of 290,000 tCO2e in total CEAs sales for the full year 2025.

BPP is also focusing on industrial steam delivery with the expansion of its steam pipeline at the Zouping power plant. Construction of the North Line began in July, with plans to expand the West and East Lines to serve industrial customers. This project is intended to replace less efficient, high-emission steam sources, supporting China’s carbon neutrality goals. Upon the completion of all three lines, the system will have an annual steam capacity of 720,000 tons and is expected to generate over RMB 240 million (around THB 1.1 billion) in additional annual revenue.

Mr. Issara Niropas, CEO of BPP, stated that the company’s mission goes beyond producing reliable energy and includes “driving the sustainable energy transition by reducing environmental impact while strengthening energy security.” He added that BPP leverages its existing assets, innovation, and operational expertise to create both environmental and economic value.

Mr. Niropas also mentioned that these projects reflect BPP’s commitment to a global decarbonization strategy, which includes an investment in a Carbon Capture and Storage (CCS) project in Texas, USA. The Cotton Cove CCS project is anticipated to begin commercial operation in the first half of 2026, with an average sequestration rate of approximately 32,000 metric tons of CO2e per year.

_[1] CEAs (Carbon Emission Allowances) refer to the emission rights allocated to companies to emit a certain amount of carbon dioxide. Companies emitting less than their allowances can sell the surplus in the carbon market. Those that exceed their limits must purchase additional allowances from others.