Published Date : Mar 14, 2017
ALBANY, New York, March 14, 2017: MarketReseachReports.biz has featured a new market study, titled “Combined Heat And Power (CHP) Market -Market Size, Segmentation, Regulations And Key Country Analysis To 2025,” to its expanding repository. The research report is a top-level reports for an in-depth understanding of growth trends, opportunities, and technological advancements that will come to the fore in the global combined heat and power market until 2025. The report on the combined heat and power market is presented at a global level with a focus on some key countries that includes the U.S., Mexico, Canada, Brazil, Germany, Russia, the U.K., India, Japan, China, and the Netherlands.
Combined heat and power (CHP) involves the use of a power station or heat engine to produce electricity and useful heat concurrently. This is in contrast with conventional means of generating electricity wherein huge volumes of heat is simply wasted. In particular, in today’s gas and coal fired power stations, as much as two thirds of the total energy produced is lost, which is often seen as a balloon of steam ascending from cooling towers. With the ever-increasing demand for energy and conventional sources of energy nearing exhaustion, the prudent use of energy has become imperative.
The report examines key market parameters with respect to the CHP sector and provides information on installed capacity by fuel type, capacity range, prime mover, and end-user for top CHP enterprises worldwide. A glance into prime moves of top-notch CHP enterprises and key regulations they need to adhere to, which is based on their country of operation, are also included herein. For instance, in the U.S., CHP enterprises are governed by the American Recovery and Reinvestment Act, Power Plant Improvement Initiative, Clean Energy Standard Act, Energy Policy, and Clean Coal Power Initiative.
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Like-wise, in India, the CHP sector is governed by stipulations that are in interest of the energy needs of the country and keeps up with environmental considerations as well. These are Deen Dayal Upadhyaya Gram Jyoti Yojana, Renewable Energy Certificates, Integrated Energy Poolicy, Tariff Policy, India-Brazil South African Declaration on Clean Energy, and National Electricity Policy.
The report is valuable for its many offerings. The reports of the report facilitates decision making for the various stakeholders in the CHP sector by providing projections based on historical data. Thus, the reports presented in the report can be used to develop business strategies for sustainable growth in the CHP market. Not only this, key players can respond to competitors’ business strategies, structure, and prospects and plan moves accordingly. This also helps key players to identify partners for business-development avenues.
The introductory part of the report outlines terms and terminologies, industry classifications, and applications that are relevant in context of the CHP market. The report also features industry statutes and industry policies that govern the overall CHP industry at a global level.
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