CHP in commercial buildings to double by 2022: Pike Research

New cogneration capacity in commercial buildings is poised to more than double from an estimated 39 GW over 2012 to hit 79.5 GW in 2022, according to Pike Research.

Reductions in energy demand of up to 40 per cent will drive the adoption of technologies such as gas turbines, microturbines and fuel cells, said senior research analyst Mackinnon Lawrence.

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‘Although the high upfront cost of CHP [combined heat and power] systems and the challenge of finding suitable uses for the heat generated are key barriers, relatively short payback periods have allowed many major companies to invest in these energy saving technologies.’

Combined Heat and Power for Commercial Buildings explores the global market for technologies such as including internal combustion engines, fuel cells, Stirling engines, and Organic Rankine Cycle at buildings such as hospitals, universities, hotels, casinos and airports.

Yet the report sees CHP as hard to market to architects and engineers due to the breadth of technologies it covers, even though these open up a host of applications.

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