Abstract
Overview
Introduction
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
Report 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