STATEMENT: The 2023 World Geothermal Congress opens in Beijing

-The 2023 World Geothermal Congress opens in Beijing, which promotes ecological development strategies to build a greener future.

STATEMENT: The 2023 World Geothermal Congress opens in Beijing

-The 2023 World Geothermal Congress opens in Beijing, which promotes ecological development strategies to build a greener future

BEIJING, Sept. 15, 2023 /PRNewswire/ -- The 7th World Geothermal Congress (WGC2023), organized by China Petrochemical Corporation (Sinopec Group) under the theme "Clean Geothermal, Green Earth", kicks off at the National Convention Center in China in Beijing. It is the first time that China hosts an international geothermal event of this type.

The three-day WGC 2023 is attended by more than 1,400 guests from 54 countries and regions, and hosts 88 forums and seminars in parallel with the technology and equipment exhibition, which is joined by a record number of companies. The triennial conference is a leading global platform where leaders from industry, academia, the financial sector, governments, NGOs and communities share the latest scientific and technological achievements and collaborate on solutions to build a better society. sustainable.

WGC2023 has published two reports, Report on the Progress of Global Geothermal Power Generation, and Geothermal Heating and Cooling Production, 2023 Worldwide Review, showing current achievements in global geothermal development:

China also published the first national report on geothermal development: Report on the High-Quality Development of Geothermal Industry in China. With abundant geothermal resources accounting for about one-sixth of the world's total and showing great potential for development and utilization, the direct utilization of geothermal heating in China has ranked first in the world for many years.

Sinopec leads the development and utilization of geothermal energy in China. Sinopec has a key laboratory for the development of geothermal resources and has more than 130 technological patents. Currently, the company has geothermal heating capacity in more than 60 cities across 11 provinces in China, with 22 cities reaching a capacity of more than 1 million square meters. Sinopec is expected to exceed 100 million square meters of geothermal heating capacity by the end of 2023.

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