Planted 1,000 Pine Trees... Korea National Oil Corporation Smoothly Advances 'Net Zero Construction Project'

Achieving Zero Carbon Emissions at Donghae Storage Base

Results from Solar Power Generation and High-Efficiency Transformer Implementation

Korea National Oil Corporation (President Kim Dong-seop)'s 'Net Zero Establishment Project,' aimed at reducing carbon emissions to zero, has been reported as successful.

On the 9th, the Oil Corporation announced that it had successfully completed this project, which was conducted over one year at the Donghae storage base. The Net Zero Establishment Project is an initiative to equalize greenhouse gas emissions and absorption, making the net emissions zero.

The corporation has been promoting carbon reduction and energy transition projects as a global energy company leading energy security and carbon neutrality.

Viewing the transition to renewable energy as a key task for reducing carbon emissions, the corporation expanded the existing 40 kW solar power facility to 255 kW from February to October 2022. Additionally, high-efficiency transformers and other equipment were introduced to minimize unnecessary power consumption.

Subsequently, according to the carbon emission measurement standards verified by the corporation, the net carbon emissions of the Donghae storage base in the fourth quarter of last year were confirmed to be 0 tons, reducing carbon emissions by 27.6 tons compared to the previous year.

It is also known that the corporation further reduced carbon emissions by 4.6 tons by reverse-transmitting surplus electricity generated from the solar power facilities back to the power plant.

The total carbon reduction of 32.2 tons achieved by the Donghae storage base this time is equivalent to the effect of planting about 1,000 pine trees annually.

The corporation stated, "The success of the Donghae storage base Net Zero project is significant in that it achieved zero carbon emissions at a base storing hydrocarbons such as petroleum."

They added, "Based on this result, we will continue company-wide ESG management activities aligned with the government's carbon neutrality policies, along with efforts to reduce carbon emissions."

This content was produced with the assistance of AI translation services.