Table of Contents
- DATAMONITOR VIEW
- ANALYSIS
- The practice of capturing and using surplus heat from electricity
generation has many applications and is well established
- Combined Heat and Power (CHP) is the simultaneous generation of usable
heat and power in a single process
- CHP systems can be employed over a wide range of sizes, applications,
fuels and technologies
- There is significant variation in the cost, application and
performance characteristics of established CHP technologies
- Key capacity and efficiency metrics of the principal established and
alternative technologies are wide ranging
- CHP can make a significant contribution to sustainable energy goals,
bringing environmental, economic, social and energy security benefits
- Reduced cost, both for electricity consumers and electricity
producers, is arguably the most important benefit that CHP offers
- Great efficiency gains can be obtained in the form of waste heat
utilisation and reduced transmission and distribution losses
- CHP is a front runner in the EU' s battle to reduce CO2
- CHP can play a significant role in combating climate change: UK case
example
- CHP can reduce the environmental footprint of providing energy
- CHP can help curb Europe' s dependence on imported gas
- CHP can ensure greater power quality, reduce vulnerability of the
grid, and increase self sufficiency
- Circa half of the combined European CHP installed capacity is
accounted for by five main markets
- In the remaining markets the share of CHP in total electricity
production ranges from moderate to insignificant
- The European CHP market lacks well-defined competitor, demand and
supply structures
- The 2004 Cogeneration Directive has created the foundations for
arguably the most comprehensive European support framework
- Current incentives to develop CHP fall short in many countries
- European CHP continues to face significant barriers to growth
- Two segments of the CHP industry are likely to benefit most from the
current regulatory framework
- Domestic and commercial micro CHP is set to be one of the high growth
areas in the next few years
- Biomass CHP is more likely to remain a niche market in most countries
as it struggles to overcome significant hurdles
- In many central and eastern European countries, district heating could
yield strong and steady CHP growth in the medium term
- European CHP installed capacity could double by 2025
- APPENDIX
- Further reading
- Ask the analyst
- Datamonitor consulting
- Disclaimer
- List of Tables
- Table 1: The estimated land use requirements for decentralised CHP
generating capacity is 66 to 400 acres less than that of more traditional
centralised generation methods
- List of Figures
- Figure 1: In general, cogeneration can be applied in all cases where
electricity is produced by thermal combustion
- Figure 2: CHP technologies are at various stages of commercialisation
- Figure 3: Available CHP technologies currently exhibit a large
variation in their technical characteristics
- Figure 4: Heavy generators and consumers of electricity are more
likely to break-even within an acceptable timeframe
- Figure 5: If the CHP unit is displacing less efficient fossil fuel
technologies gains can be higher than the 25% shown
- Figure 6: Emissions from heating and cooling account for 47% of
Europe' s total CO2 emissions
- Figure 7: Average European gas consumption is expected to increase by
2% annually
- Figure 8: The major European CHP markets can be categorised in three
groups
- Figure 9: The European CHP market does not have a typical unifying
competitive structure with a defined set of participants competing for a
defined customer base
- Figure 10: The EU Cogeneration Directive does not prescribe specific
support mechanisms for cogeneration: instead, this is left to the
discretion of the member states
- Figure 11: The relative efficiency of schemes aimed at boosting "good
quality" CHP varies widely
- Figure 12: A doubling of the current European installed CHP capacity
by 2025 is achievable
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