GLOBAL CHP MRKT TO DOUBLE IN TEN YEARS
CHP for Commercial Buildings; Fuel Cell, Engine, and Turbine Technologies for Cogeneration in Commercial, Institutional, and Municipal Buildings: Global Market Analysis and Forecasts
1Q 2015 (Navigant Research)
"Commercial combined heat and power (comCHP) systems, which are small to medium distributed energy generation systems that produce electricity while also capturing heat, are garnering increased interest from policymakers, utilities, and building owners in a growing number of countries…The technologies behind many comCHP products have been under development for more than a decade…[but] the market is beginning to gain momentum…Driven by concerns about grid reliability, meeting growing demand for electricity, increasing grid efficiency, and reducing greenhouse gas emissions, governments around the world are focused on increasing subsidies and other incentives for the adoption of comCHP systems and related building efficiency technologies. According to Navigant Research, global comCHP installed capacity is expected to grow from 32.7 GW in 2015 to 74.4 GW by 2024...” click here for more
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