Combined Heat and Power (CHP) - the simultaneous generation of usable heat and power in a single process - offers significantly higher fuel efficiency compared with conventional centralised ways of generating electricity from fossil fuel. CHP can therefore make a significant contribution to European sustainable energy goals, bringing environmental, economic, social and energy security benefits

Scope

Awareness of the wide ranging cost, application and performance characteristics of the main established cogeneration technologies Appreciation of CHP's significant contribution to sustainable energy goals, and its environmental, economic, social and energy security potential Insight into the European cogeneration industry structure, the associated regulatory regime and the various significant barriers to growth Information relative to the three likely CHP priority growth areas based on the current favourable European regulatory landscape

Highlights

The EU-27 is now home to the world's largest CHP industry, with c.104 GWe installed capacity. Nearly 40% of the electricity produced from cogeneration is produced for public supply purposes, often in connection with district heating networks, whereas 60% is generated by auto-producers, normally for industrial processes The European CHP market lacks typical unifying competitive demand and supply structures. In its current initial form, the European CHP support framework does not fully meet the requirements of the sector. As a result, the relative efficiency of different European schemes aimed at boosting high-efficiency CHP varies widely Micro CHP is likely to be one of the high-growth areas in the next few years. Similarly, the district heating sector could yield steady if not spectacular growth in the medium term. Biomass-fired CHP also has growth potential, but it is likely to remain a more niche market in most countries as it struggles to overcome significant hurdles

Reasons to Purchase

Identify the advantages and limitations of established Combined Heat and Power technologies and their suitability for specific user applications Gain an appreciation of the current EU regulatory environment, current support schemes and future likely changes in investment landscapes Discover new profitable opportunities for growth and isolate potential market pitfalls in order to develop successful CHP investment strategies.