At a Glance


Industrial Goods and Manufacturing

Project Types

Commercial Energy Efficiency, Data Analysis, Financial Evaluation and Planning




Wuxi, Jiangsu


Zhang Chaopeng supported CCMC with its carbon peaking and carbon-neutral policies.


By the end of 2030, absolute greenhouse gas emissions from Caterpillar's headquarters operations will be reduced by 30 percent from 2018. Therefore, CCMC hopes that its carbon emissions in 2025 will meet the relevant standards of Wuxi City and Jiangsu Province. CCMC is also making preparations for possible policy requirements.


To realize carbon emission reduction, Chaopeng first calculated the energy consumption data of CCMC in 2021 and 2022, then collected the standards of relevant provinces and cities for comparison, and checked whether the energy consumption of the enterprise is at the standard level after data comparison.

Then, the development of green power, certificates, and carbon trading markets was sorted out. Then, the above three carbon emission reduction methods are compared after analyzing the cost, effect, and feasibility of different emission reduction methods to provide a reference for enterprises. Finally, an internship report was developed.

Potential Impact

To reduce CO2 emissions by 15% (7,083.3tCO2), Chaopeng proposed five programs for the company.

  1. Green power costs slightly more than coal power, with a cost of 97,445 USD
  2. The unit price of green power certificates is 50 yuan/certificate (for 1Kwh of green power), and the cost is 61,466 USD
  3. The unit price of CO2 in the carbon trading market is about 50 Yuan/ton, and the cost is 48,485 USD
  4. For CCER and self-built PV power project costs need to consider specific details such as power generation capacity 

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