The National Development and Reform Commission has announced the latest energy efficiency benchmarks: 2.8 tons of standard coal per ton for olefins produced from coal, and 0.59 tons of standard oil per ton for olefins produced from oil

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The National Development and Reform Commission announced the latest energy efficiency benchmarks: 2.8 tons of standard coal per ton for olefins produced from coal, and 0.59 tons of standard oil per ton for olefins produced from oil. Author/Source: Coal Tar Deep Processing and Hydrogenation Technology Collaboration Group. Date: November 16, 2021. Clicks: 5. On November 15, 2021, five agencies – the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, the State Administration for Market Regulation, and the National Energy Administration – jointly issued the “Energy Efficiency Benchmarks and Baseline Levels for Key Sectors in High-Energy-Consuming Industries (2021 Edition).” Among them, the energy efficiency benchmark requirements are 2.8 tons of standard coal per ton for olefins produced from coal, and 0.59 tons of standard oil per ton for olefins produced from oil. The official website of the National Development and Reform Commission states that achieving carbon peak and carbon neutrality is a major strategic decision made by the **** and the State Council, and it represents an inherent requirement for promoting high-quality development. High-energy-consuming industries are an important part of the national economy. Their high energy consumption is primarily determined by the nature of the products and the characteristics of the production processes. The proper and orderly implementation of project development plays a crucial role in strengthening the industrial structure, ensuring stable market supply, and promoting economic growth. To implement the \"Several Opinions on Strengthening Energy Efficiency Constraints and Promoting Energy Saving and Carbon Reduction in Key Sectors,\" and to guide local authorities in carrying out technological upgrades aimed at energy saving and carbon reduction in high-energy-consuming industries in a scientific and orderly manner, as well as to effectively curb the uncontrolled development of \"high-energy and high-emission\" projects, the \"Energy Efficiency Benchmark Levels and Baseline Levels for Key Sectors in High-Energy-Consuming Industries (2021 Edition)\\" are hereby issued after consultation with relevant parties. The regulations shall come into effect as of January 1, 2022. Local authorities must fully recognize and attach great importance to the significance of imposing strict energy efficiency requirements in order to promote energy conservation and carbon reduction in high-energy-consuming industries. They should base their actions on the actual conditions of local development, adopt a systematic approach, respect market principles, clarify specific requirements for action, and ensure proper implementation of responsibilities. Efforts to carry out technological upgrades for energy conservation and carbon reduction should be pursued in a steady and orderly manner, avoiding one-size-fits-all approaches or short-term, campaign-style efforts to reduce carbon emissions, so as to maintain the stability of industrial chains and supply chains as well as the smooth operation of the economy and society.