{"id":1814,"date":"2023-07-24T22:11:33","date_gmt":"2023-07-24T22:11:33","guid":{"rendered":"http:\/\/localhost\/?page_id=1814"},"modified":"2025-03-21T20:13:31","modified_gmt":"2025-03-21T12:13:31","slug":"utility-business","status":"publish","type":"page","link":"https:\/\/www.towngassmartenergy.com\/en\/business-operations\/utility-business\/","title":{"rendered":"Utility Business"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; admin_label=&#8221;Hero&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_fullwidth_header module_class=&#8221;tsex-breadcrumb-header&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#FFFFFF&#8221; background_color=&#8221;rgba(17,17,17,0.4)&#8221; background_image=&#8221;https:\/\/www.towngassmartenergy.com\/wp-content\/uploads\/Banner-b-GasBusiness-Optimized-scaled.jpeg&#8221; background_blend=&#8221;darken&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><!-- tsex_back_to_parent_shortcode --><div class=\"tsex-breadcrumb\"><span class=\"current\">Utility Business<\/span><\/div><\/p>\n<h1 class=\"title\">Utility Business<\/h1>\n<p>[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_class=&#8221;tsex-general-text-section&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;|auto|-2px|auto||&#8221; custom_padding=&#8221;||3px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Outfit||||||||&#8221; header_2_text_color=&#8221;#298BEE&#8221; header_2_font_size=&#8221;1.75rem&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">The Chinese mainland is the major market for the Group\u2019s business expansion, as the Group has established sizeable customer resources and business networks with a solid foundation there since 1994.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As China implements the goals of achieving carbon peak and carbon neutrality by 2030 and 2060 respectively, natural gas, as one of the cleanest fossil energy sources, will continue to play an important role in the energy mix. Moreover, it has the advantage of being able to be used easily in combination with other clean energy sources.\u00a0<\/span>We therefore believe there would be tremendous prospects for the development. In future, we will continue to focus on city gas business, providing one-stop energy services to household customers and a diverse spectrum of businesses.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_class=&#8221;tsex-general-text-section&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;28px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; module_class=&#8221;tsex-mobile-column-reverse&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][tsex_block title=&#8221;City Gas&#8221; module_class=&#8221;tsex-text-block&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h2&#8243; title_text_color=&#8221;#298BEE&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>We currently have 190 city gas projects, serving more than 17 million customers, including households and commercial and industrial clients. In 2024, the total gas sales volume reached over 17,200 million cubic metres.<\/p>\n<p>Leveraging our city gas business, we put considerable effort in developing the \u201cGas+\u201d integrated energy business that provides one-stop solutions for low-carbon, high-efficient and light-asset-based energy services to meet the multiple energy needs of customers.<\/p>\n<p>In recent years, we have grasped the market opportunities by offering professional integrated energy solutions to public institutions on the Chinese mainland. The target customers included hospitals, schools, government agencies and commercial complexes. Moreover, we continue exploring incremental markets such as gas utilisation in the new energy industry and promoting clean heating services in northern regions that have high demand for centralised heating.<\/p>\n<p>[\/tsex_block][tsex_link_with_style_block style=&#8221;solid&#8221; color=&#8221;light-blue&#8221; icon=&#8221;ri-arrow-right-up-line&#8221; module_id=&#8221;trigger-gas-sales-business&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]Click here to learn more about our case study[\/tsex_link_with_style_block][el_modal_popup modal_id=&#8221;el_modal_popup_module_3&#8243; trigger_element_type=&#8221;element_id&#8221; trigger_element_id=&#8221;trigger-gas-sales-business&#8221; close_on_esc=&#8221;on&#8221; show_header=&#8221;off&#8221; show_footer=&#8221;off&#8221; modal_content_type=&#8221;layout&#8221; modal_content_layout=&#8221;36975&#8243; disable_website_scroll=&#8221;off&#8221; modal_body_scrollbar=&#8221;hide&#8221; module_class=&#8221;tsex-esg-modal-popup&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/el_modal_popup][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.towngassmartenergy.com\/wp-content\/uploads\/2024\/08\/ShandongJinanEnergyproject-scaled.jpg&#8221; title_text=&#8221;ShandongJinanEnergyproject&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|12px|12px|12px|12px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_class=&#8221;tsex-general-text-section&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.towngassmartenergy.com\/wp-content\/uploads\/JintanGasStorage-1024&#215;683-1.jpg&#8221; title_text=&#8221;JintanGasStorage-1024&#215;683-1&#8243; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|12px|12px|12px|12px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][tsex_block title=&#8221;Optimising the Gas Supply Chain&#8221; module_class=&#8221;tsex-text-block&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h2&#8243; title_text_color=&#8221;#298BEE&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>We strive to strengthen self-sufficiency in natural gas supply, enhance peak-shaving capacity during high-demand seasons, and maintain price stability. Our parent company, The Hong Kong and China Gas Company Limited (Towngas), has a gas supply chain business segment to coordinate gas procurement across all businesses, achieving synergy. Through a three-pronged approach of procurement, transmission and distribution, and storage, we optimise the Group\u2019s gas source structure to ensure stable supply, reduce costs, and increase profits.<\/p>\n<p>\u00a0The Group adopts a multi-source strategy, implementing independent procurement of imported liquefied natural gas (LNG). We have established a complete business process from LNG importation to terminal unloading and downstream distribution. Simultaneously, we continue to expand our self-operated gas sources and enhance gas infrastructure to increase our storage capacity.<\/p>\n<p>[\/tsex_block][tsex_link_with_style_block style=&#8221;solid&#8221; color=&#8221;light-blue&#8221; icon=&#8221;ri-arrow-right-up-line&#8221; module_id=&#8221;trigger-total-number-of-projects&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||-1px|||&#8221; global_colors_info=&#8221;{}&#8221;]Find out more about how we strengthen gas supply reliability[\/tsex_link_with_style_block][el_modal_popup modal_id=&#8221;el_modal_popup_module_3&#8243; trigger_element_type=&#8221;element_id&#8221; trigger_element_id=&#8221;trigger-total-number-of-projects&#8221; close_on_esc=&#8221;on&#8221; show_header=&#8221;off&#8221; show_footer=&#8221;off&#8221; modal_content_type=&#8221;layout&#8221; modal_content_layout=&#8221;62563&#8243; disable_website_scroll=&#8221;off&#8221; modal_body_scrollbar=&#8221;hide&#8221; module_class=&#8221;tsex-esg-modal-popup&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/el_modal_popup][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p><!-- tsex_back_to_parent_shortcode --><div class=\"tsex-breadcrumb\"><span class=\"current\">Global Header<\/span><\/div> Utility BusinessThe Chinese mainland is the major market for the Group\u2019s business expansion, as the Group has established sizeable customer resources and business networks with a solid foundation there since 1994. As China implements the goals of achieving carbon peak and carbon neutrality by 2030 and 2060 respectively, natural gas, as one of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":421,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"<!-- wp:divi\/placeholder \/-->","_et_gb_content_width":"","footnotes":""},"page-category":[168],"class_list":["post-1814","page","type-page","status-publish","hentry","page-category-our-business"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/pages\/1814"}],"collection":[{"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/comments?post=1814"}],"version-history":[{"count":54,"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/pages\/1814\/revisions"}],"predecessor-version":[{"id":69062,"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/pages\/1814\/revisions\/69062"}],"up":[{"embeddable":true,"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/pages\/421"}],"wp:attachment":[{"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/media?parent=1814"}],"wp:term":[{"taxonomy":"page-category","embeddable":true,"href":"https:\/\/www.towngassmartenergy.com\/en\/wp-json\/wp\/v2\/page-category?post=1814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}