Record Details

Title Research on the Differences in Assessed Prices of Geothermal Mineral Products for Heating in Tianjin City, Hebei Province, and Shandong Province, China
Authors Hao WANG
Year 2026
Conference World Geothermal Congress
Keywords geothermal mining rights, royalty income, assessed price, heating price conversion method, evaluation income reverse calculation method
Abstract In the context of reforms to mining rights transfer revenue policies, Tianjin City, Hebei Province, and Shandong Province have successively established the assessed prices for the sales revenue of geothermal mineral products used for heating. Through a horizontal comparison of assessed prices and heating unit prices in different regions, a vertical comparison of transfer income under new and old policies, and a multi-dimensional analysis based on actual cases, the research discovered that the current assessed price in Hebei Province is particularly high, raising corporate costs and dampening enthusiasm for development. The calculation methods for the assessed prices were further explored, including the heating price conversion method and the return on investment back-calculation method. Together with Hebei Province's geothermal resource development policy, scientifically sound suggestions for assessed prices were proposed, aiming to balance national, local, and corporate interests and promote the sustainable development of the geothermal industry.
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