Banpu PowerNews · 2026-01-12 23:26

BPP accelerates decarbonization efforts in China through carbon trading and steam pipeline expansion, projecting over THB 1 billion in new annual revenue.

Banpu Power (BPP) is expanding its decarbonization initiatives in China by generating revenue from Carbon Emission Allowances (CEAs) and extending its steam pipeline network at the Zouping power plant.

These strategic moves are expected to contribute over THB 1.1 billion in additional annual revenue upon project completion, strengthening BPP's business portfolio and supporting China's carbon neutrality goals.

Fast Facts

·H1 2025 CEA revenue: RMB 19 million (THB 100 million)
·Zouping steam pipeline annual revenue potential: RMB 240 million (THB 1.1 billion)
·Zouping steam pipeline annual capacity: 720,000 tons
·Biomass co-firing at Zhengding power plant: 10% blend, expected 70,000 tons CO2e reduction/year
·Target total CEA sales for full year 2025: 290,000 tCO2e
·Number of CHP plants in China: 3 (Zhengding, Zouping, Luannan)
·Cotton Cove CCS project (US) COD: H1 2026
·Cotton Cove CCS project sequestration rate: 32,000 metric tons CO2e per year

Power Generation

Carbon Markets

Bioenergy

People Mentioned

Issara Niropas

CEO at Banpu Power Public Company Limited

Source

BPP accelerates decarbonization efforts in China through carbon trading and steam pipeline expansion, projecting over THB 1 billion in new annual revenue.