China Merchants Environmental Technology Applies for Patent for "Energy-Carbon Synergistic Calculation and Recording System and Method", Empowering Businesses with Fine-Grained Carbon Management

China Merchants Environmental Technology Applies for Patent for "Energy-Carbon Synergistic Calculation and Recording System and Method", Empowering Businesses with Fine-Grained Carbon ManagementFinancialWorld, October 24, 2024 - According to information from the State Intellectual Property Office, China Merchants Environmental Technology (Shanghai) Co., Ltd

China Merchants Environmental Technology Applies for Patent for "Energy-Carbon Synergistic Calculation and Recording System and Method", Empowering Businesses with Fine-Grained Carbon Management

FinancialWorld, October 24, 2024 - According to information from the State Intellectual Property Office, China Merchants Environmental Technology (Shanghai) Co., Ltd. has applied for a patent named "A System and Method for Energy-Carbon Synergistic Calculation and Recording", with publication number CN118798684A, filed in July 2024.

This patent aims to address the numerous challenges faced by manufacturing companies in carbon footprint calculation, such as coarse granularity, cumbersome data collection and calculation processes, and difficulties in tracing and verifying results, leading to a lack of widespread trust. The patent abstract reveals that the system's structure is divided into three layers: perception layer, blockchain layer, and application layer:

• Perception Layer: Real-time energy consumption and material usage data is collected through Internet of Things (IoT) technology, and various processes/procedures in the company's production process are identified and associated online through digital means.

• Blockchain Layer: Consisting of cloud and edge components, pre-defined energy-carbon synergistic calculation methods are deployed on the edge to compute carbon emissions and reductions across different dimensions. Simultaneously, companies participate as primary nodes in cloud-based blockchain data storage, uploading data on energy consumption and carbon emissions throughout the product manufacturing process.

• Application Layer: Connects to the company's energy management platform, government regulatory platforms, and external carbon trading platforms.

The core advantages of this system are:

• Fine-Grained Calculation: Through real-time monitoring and correlation analysis of individual processes/procedures in the production process, it enables more accurate carbon emission calculations, avoiding the errors associated with previous broad-based calculation methods.

• Data Traceability: Blockchain technology is utilized to record energy consumption and carbon emissions data throughout the product lifecycle, ensuring data authenticity and traceability, effectively addressing trust concerns.

• Efficient Collaboration: Integration with the company's energy management platform, government regulatory platforms, and carbon trading platforms enables data sharing and collaborative management, enhancing carbon management efficiency.

The application of this patented technology will provide manufacturing companies with a more comprehensive carbon management solution, enabling them to achieve fine-grained carbon management, further reduce carbon emissions, and promote sustainable development.

The launch of this system also demonstrates China Merchants Environmental Technology's leading position in green environmental protection and its commitment to driving companies towards achieving carbon neutrality goals. In the future, as this technology continues to be refined and promoted, it will provide a more efficient and convenient carbon management tool for a wider range of companies, facilitating their green and low-carbon transformation and driving sustainable social and economic development.