Report examines outlook for CHP in Europe

Cogeneration is becoming an increasingly important part of the global energy landscape, according to a new study by IDC Energy Insights.

Cogeneration currently accounts for about 11% of electricity production in Europe, but recent trends show that it is seen as an important part of the battle to improve energy efficiency, increase fuel security and reduce carbon emissions.

According to the study, the majority of CHP in Europe is fossil-fuel based, but there is a growing trend toward using renewable fuels. In particular, there is likely to be a significant move toward biomass-based CHP in the next 10 years.

CHP deployment across Europe has increased substantially in the last two decades, although growth has slowed in countries such as Denmark and Finland due to CHP deployment approaching saturation. Fluctuating gas and electricity prices have also had a negative impact.

But the report finds that the renewed push toward high-efficiency CHP and biomass-based CHP is likely to stimulate new growth.

For more Europe news click here


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...