Global Combined Heat and Power Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
The "Global
Combined Heat and Power Market - Growth, Trends, and Forecast (2018 -
2023)" report has been added to ResearchAndMarkets.com's
offering.
Due to the increasing demand for electricity across the globe, coupled
with rising concerns for environment protection, there is an increase in
the demand for CHP or cogeneration technology. Instead of purchasing
electricity from the distribution grid and burning fuel in an on-site
furnace or boiler to produce thermal energy, an industrial or commercial
facility can use CHP to provide both energy services in one
energy-efficient step. CHP technology could offer 85-90% efficiency
compared to conventional heat and power generation methods.
CHP is receiving enormous support from various governments around the
world, in the form of favorable policies and incentives. Governments in
different regions are promoting cogeneration technology through various
long-term policies and financial incentives.
As of 2016, CHP accounted for approximately 15% of its heat requirement
and 11% of its electricity requirements in the European Union. Russia
alone has a large number of CHP installed capacity compared to the rest
of Europe and depends largely on combined heat and power systems to meet
a significant share of its heat requirements.
China's energy consumption has been growing rapidly, and energy and
environmental issues have become a key challenge to China's sustainable
development. The Chinese government has started to pay unprecedented
attention to energy efficiency and emissions reductions, proposing an
ambitious target to reduce energy intensity by 20%. As important energy
efficiency technologies, combined heat and power is expected to achieve
significant attention in the form of legislative and economic support.
Companies Mentioned
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MAN Diesel & Turbo
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ENER-G Rudox
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Caterpillar Inc.
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Mitsubishi Heavy Industries Ltd
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General Electric Company
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Kawasaki Heavy Industries Ltd
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Bosch Thermotechnology Ltd
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Viessmann Werke GmbH & Co. KG
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FuelCell Energy Inc.
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Siemens AG
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Wartsila Oyj Abp
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ABB Ltd
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Aegis Energy Services Inc.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Supply Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
11. Disclaimer
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Copyright Business Wire 2018
Source: Business Wire
(May 28, 2018 - 7:29 AM EDT)
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