Higher efficiency drives CHP for commercial buildings

The global combined heat and power (CHP) market for commercial buildings is forecast to grow at a compound annual growth rate (CAGR) of nearly 8% from 2015 to 2019, according to a new report from Technavio.

Distributed energy generation sources like CHP technology do not require cable lines, as the point of generation and consumption is the same. This will result in increased adoption of CHP systems,’ said Faisal Ghaus, vice president of Technavio.

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