Tencent Group released its Report on Carbon Neutrality Goals and Actions earlier this year, promising to achieve carbon neutrality in its supply chain no later than 2030.
Ma Huateng, chairman and CEO of the Board of Directors, emphasized that the tech giant would enter industries that were unfamiliar to it in the past, such as energy and low-carbon technology.
China’s energy structure has long relied on fossil fuels, and 85 percent of the country’s carbon dioxide emissions come from the energy sector, which is currently undergoing a green transformation to achieve carbon reduction goals and move toward high-quality development.
However, there are many obstacles in the transformation process, such as huge infrastructure systems, long supply chains, limited internal organizational management, complex supply systems and demand mechanisms.
Digital technology can play a crucial role in solving the above problems.
Taking steel plants as an example, traditional computers do not have the computing power to guarantee real-time understanding of the operating status of the equipment system.
Without Artificial Intelligence of Things (AIoT) and cloud computing, energy saving and emission reduction will be impossible.
That’s why more and more energy firms are cooperating with digital services providers, using cloud technology to jointly create economic benefits and fulfill social responsibilities.
Hailing Industrial Park in Taizhou, Jiangsu Province, is an example of digitalization. On April 22, World Earth Day, a smart energy ecological platform with technical support from Tencent was officially launched.
Using innovations such as cloud technology, AI, 5G, and Internet of Things (IoT), this industrial park of 35 hectares and more than 300 industrial projects, is achieving digital transformation. It is estimated that it will reduce emissions by hundreds of thousands of tons each year.