The invention discloses a transcritical carbon dioxide heat pump device, comprising a compressor, a high-pressure oil separator, a gas cooler, a heat regenerator, a throttling gear, an air cooling evaporator, and a gas-liquid separator connected in a carbon dioxide circulation pipeline in sequence according to a flow direction of carbon dioxide. A hand valve A, a filter A, and a solenoid valve A are connected between the heat regenerator and the throttling gear in sequence through a pipeline. A hand valve B and a filter B are connected between the gas-liquid separator and the compressor in sequence through a pipeline. The device is characterized in that a carbon dioxide outlet pipeline position in the gas-liquid separator is provided with an oil return hole. A solenoid valve B, a capillary tube, a filter C, a hand valve C, an oil storage tank, and an oil level controller are connected between the an oil outlet of the high-pressure oil separator 2 and an oil inlet of the compressor in sequence through a pipeline. The product has functions of low pressure liquid storage, defrosting, and backheating, and operation of a unit in low temperature environment is safer, more reliable, and more efficient.