Abstract
This Energy Insights report explores the current status of key residential
micro-CHP product manufacturers, both in the United States and abroad. The
micro-CHP markets in Europe and Japan are fast expanding. In the United States,
meanwhile, the residential CHP market remains in its infancy - though in the
past 12 months, two companies have released commercial products and initial
sales are being made. Due to the challenges involved in bringing a technology
like micro-CHP to market in the United States, penetration rates will likely be
slow to rise. But manufacturers can be encouraged by the accelerated growth
trends in Europe and Japan, where thousands of units are being sold annually.
"We expect to see micro-CHP systems gaining ground in the United States over
the next five years, especially in the northeastern part of the country, which
manufacturers are targeting due to that area' s cold climate and more favorable
regulatory policies," said Nick Lenssen, practice director, Energy Insights.