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Carbon Energy Technology’s carbon dioxide electroconversion technology moves forward toward industrial application. Author/Source: China Energy Network. Date: June 26, 2019. Clicks: 53. On June 11, Carbon Energy Technology (Beijing) Co., Ltd. and Inner Mongolia Yitai Chemical Co., Ltd. signed a cooperation agreement for a pilot project aimed at producing syngas through the electrolysis of carbon dioxide in Ordos City. Based on key technologies such as the carbon energy technology-developed carbon dioxide electroreduction catalysts and electrolysis reactors, this project aims to build a pilot-scale facility capable of producing syngas through electrolysis, in order to convert the carbon dioxide emitted by the coal-to-oil industry. The signing of this project marks the first time that carbon dioxide electrolysis technology has moved from laboratory research to the engineering phase, holding strategic significance for optimizing China’s energy structure, reducing and utilizing carbon emissions, and achieving a circular economy. Liu Shangli, chairman of Inner Mongolia Yitai Chemical Co., Ltd., Zhang Zhen, chief engineer of the company, Kang Peng, chairman of Carbon Energy Technology (Beijing) Co., Ltd., Wang Shuai, general manager of the same company, and other relevant officials were present to witness this signing ceremony. Our country is currently the world’s largest emitter of carbon emissions. Under the Paris Agreement, it has committed to reducing carbon emissions per unit of GDP by 40–45% by 2020 compared to 2005 levels, with total carbon emissions reaching their peak by 2030. Our country launched a unified national carbon emission trading market at the end of 2017, and the carbon market is set to reach a value of trillions in the future. However, coal remains the primary energy source in our country at present, and the clean utilization of coal resources is an inevitable choice for economic development. The resource utilization of carbon dioxide has become a focus of research for large energy companies and scientific research institutions around the world. Both sides stated that, taking the signing of this agreement as a starting point, they will work together closely in the field of carbon dioxide utilization, striving jointly to develop key technologies for carbon utilization and to put them into practical use. This project receives financial support and necessary guarantees from the Inner Mongolia Yitai Group. Inner Mongolia Yitai Chemical Co., Ltd. was established in October 2009. It is a limited liability company founded with joint investment from Inner Mongolia Yitai Group Co., Ltd., Inner Mongolia Yitai Coal Co., Ltd., and Shanghai Hanqing Enterprise Management Partnership. Its registered capital amounts to 5.9 billion yuan. The company is primarily responsible for the investment, construction, development, and operation management of a demonstration project aimed at producing 1.2 million tons of fine chemicals per year. It began operations in July 2017 and is now operating at full capacity. Carbon Energy Technology (Beijing) Co., Ltd. was founded in March 2015 by Dr. Kang Peng, a professor at Tianjin University and part of the **\"Thousand Talents Program\"**, as a high-tech enterprise dedicated to the research and development of carbon utilization and clean energy technologies. Its goal is to make use of renewable energy sources, convert industrial carbon dioxide emissions into chemicals through green processes, and thus achieve a clean and sustainable energy future. As a technology-driven startup, Carbon Energy Technology has invested over 25 million yuan in research and development, achieving breakthroughs in key areas such as catalysts, electrolytic reactors, membrane materials, and electrolysis processes, thereby realizing innovative solutions at the source. 13 patents were applied for and granted, and the company has received various qualifications and honors such as those of High-Tech Enterprise, Zhongguancun High-Tech Enterprise, Beijing Municipal Enterprise R&D Institution, Zhongguancun Frontier Technology Enterprise, Zhongguancun Golden Seed Enterprise, as well as recognition for new technologies and products (services) in Zhongguancun.