Global Combined Heat and Power Market - Canberra

Saturday, 28 December 2019

Item details

City: Canberra, Australian Capital Territory
Offer type: Sell
Bedrooms:11
Bathrooms:11
Full Square, m²:11

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Contact name Aarti
Phone 78787878787

Item description

Global Combined Heat and Power Market (CHP) was valued US$ 25.90 in 2018 and is estimated to reach US$ XX Mn by 2026 at a CAGR of about XX % during a forecast period.

The report Global Combined Heat and Power Market (CHP) based on fuel, end-user, capacity, technology, and region. Based on fuel, the combined heat and power (CHP) market is classified into natural gas, coal, and biomass. In terms of capacity, the combined heat and power (CHP) market is categorized into 1 kW – 0.5 MW, 0.5MW - 5MW, Above 5 MW. On the basis of technology, the combined heat and power (CHP) market is divided into the combined cycle, steam turbine, gas turbine, and reciprocating engine. Based on end-user, the combined heat and power (CHP) market is segmented into district energy, residential, on-site industrial & commercial. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Combined heat and power (CHP) is an efficient and clean method in generating electric power and useful thermal energy from a single fuel source. Due to the rise in demand for electricity across the globe, coupled with the increase in concerns for environmental protection, has increased the demand for combined heat and power (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. Cost-effective performance coupled with easy installation will grow the demand over other technologies including boilers. The high maintenance & installation costs incurred are hampering the market. Also, complicated metering arrangements and network connections will hinder the growth for Global Combined Heat and Power Market (CHP).