This report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2024.
The report analyzes the worldwide markets for Cogeneration Equipment in US$ by the following Fuel Types - Natural Gas, Other Fossil Fuels, and Non-Fossil Fuels.
The report profiles 87 companies including many key and niche players such as:
2. INDUSTRY OVERVIEW Cogeneration: The Next Generation Eco-friendly and Energy-Efficient Technology for Heating and Power Needs Growth Drivers in a Nutshell Key Challenges & Constraints Combined Heat and Power (CHP): Regional Developments Summarized CHP Technology Revolutionizes the Power Generation Landscape Cogeneration: A Universal Power Solution .Achieving Energy Efficiencies of More than 90% Myriad Benefits & Superior Attributes over Conventional Power Generation Drive Market Adoption Cogeneration System Vs Conventional Power System: A Graphical Representation Global Market Outlook
3. MARKET TRENDS, ISSUES & DRIVERS Essential Role of MicroCHP in Realizing Smart Energy Strategies Drive Healthy Market Growth Benefits of MicroCHP Energy Generation for Various Residential and Commercial Application Areas Japan and Germany: Leading Adopters of Micro CHP Technology Worldwide Micro CHP Generation Systems Adoption Driven by Government Incentives Shifting Focus of Research from Cogeneration to Small Scale CHP Systems Steam Turbines Continues to be the Preferred Prime Mover Used in the Cogeneration Systems Gas Turbines Steam Turbines Reciprocating Engines Microturbines Fuel Cells Other Equipment Boiler Heat Recovery Steam Generator (HRSG) Desiccant Dehumidifiers & Absorption Chillers Performance Characteristics of CHP Prime Mover Technologies Advantages & Disadvantages of CHP Prime Mover Technologies Surging Energy Consumption and the Resulting Increase in Power Generation Shifts Focus on Cogeneration Favorable Policies and Developments Provide the Perfect Platform for Market Growth Trigeneration and Quattrogeneration: The Next Big Thing in Combined Heat & Power Generation Growing Prominence of Heat Energy in Total Energy Consumption Augurs Well for the Market District Heating & Cooling: Enabling Superior Pollution Control and Higher Efficiencies Industrial Cogeneration: The Dominant End-use Application Continue to Spearhead Growth Fuel Shifts in Industrial CHP in Countries across the World Favor Market Growth Underpenetrated Commercial CHP Offers Huge Growth Potential Preferred Solutions for Increased Adoption of Commercial CHP Systems Third-Party Ownership Schemes LEED Green Building Program Buildings with Absorption Chillers: Perfect Candidates for CHP Packaged CHP Units Rising Focus on Being Grid-Independent & Self-Reliant Drives Adoption in Healthcare Facilities Environmental Benefits of Combined Heat and Power (CHP) Plants Bodes Well for Market Penetration Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries Expanding Renewables Share in the Power Generation Mix Spurs Market Demand Renewable CHP Gain Ground in Newer Application Areas Other than the Traditional Industries Healthy Growth Projected for Gas Turbines Installations in CHP Plants across the World Future Gas Turbines to Overcome Current Challenges and Promote Market Growth Gas Engines & Gas Turbines for CHP: A Comparison Increasing Installations of Microgrids Lend Traction to Market Growth Adoption of Packaged CHP Systems Gain Momentum CHP with Biogas: An Effective Approach to Use Distributed Energy Bagasse Cogeneration: Enormous Potential in Sugar Producing Countries Increasing Investments in CHP Plants in the Developing Countries Offer Significant Growth Opportunities Favorable Demographic and Urbanization Trends Strengthen Market Prospects Rapid Urbanization: A Mega Growth Driver for Cogeneration Equipment Key Challenges Hampering Widespread Adoption of Cogeneration Technology High Capital Investment Connectivity to Grid Lack of Interconnection Standards Environment Related Issues and Unfavorable Regulations Need for R&D
4. PRODUCT OVERVIEW Cogeneration: A Prelude Cogeneration: Historical Perspective Cogeneration Process Heat Generation from CHP Units Heat-to-Power Ratio of Cogeneration Systems Classification Based on Fuel Source Classification Based on Applications Industrial CHP District Heating and Cooling Combined Cooling Heat and Power (CCHP) Packaged and Mini-CHP MicroCHP Biofuel Engine CHP plants Gas Engine CHP Plants Classification Based on Operating Scheme Base Electrical Load Matching Base Thermal Load Matching Electrical Load Matching Thermal Load Matching
5.3 Recent Industry Activity Siemens Wins a Contract to Develop a Self-Sufficient Smart Grid System German Agency Wins Contracts for Combined Heat and Power (CHP) Systems CooperOstlund Completes Peaking Plant Installation in the UK Sembcorp Acquires UK Power Reserve Innovative Steam Shuts Down Bergen Engines Signs a Service Contract for Medium Speed Engines Siemens Wins 25-Year Service Contract for Cogeneration Plant Clarke Energy Partners with SOBEGI for CHP Plants Siemens Receives an Order from Inter Pipeline for SGT-800 Generator Sets EC Power Partners with Lochinvar to Launch Cogeneration Product Bird River Resources and Divestco Joined Forces for a Cogeneration Project Siemens Receives Order for H-Class Gas Turbine Lochinvar Partners with EC POWER to Launch Cogeneration Product Vital Energi Wins 5.6m CHP Deal from Berkeley Group Capstone Expands in Healthcare Market with New CHP Projects Aalborg CSP Opens Combined Heat and Power Plant in Denmark Black & Veatch Wins Contract for E.ON's Business Heat and Power Solutions ETW Energietechnik Delivers SCR Technology to Natural Gas CHP Units Ansaldo Energia Wins $49m Contract from Shanghai Electric Group CannTrust Enters into a Long-term Agreement with Envest Capstone Receives an Order for iCHP Unit in The UK ATCO to Construct 26 MW Cogeneration Plant in Mexico Valero Energy to Construct 127m CHP Plant ATCO and RANMAN Energy to Construct 26 MW Cogeneration Facility India's Ministry of Power Acquires Edina Capstone Receives 5.2 MW Order of Clean and Green Microturbines Capstone Secures Order from Canadian REIT Capstone to Expand its CHP Business with C1000 Signature Series One MW Unit HoSt Acquires Eurobiomass Rolls-Royce Signs a Contract with Tuinbouwbedrijf Marc Pittoors Capstone Partners with EIC for Retrofitting its Building Alyaf Gostar Power Plant in Iran Commence its Operation DHIA Acquires ACT Independent Turbo Service Capstone Receives an Order for a C1000S and C600S Signature Series Microturbine Tecogen Enters into an Agreement with WGL Energy to Install InVerde CHP Modules Turbomach Changes Name to Solar Turbines Switzerland SAGL Siemens to Construct a New Cogeneration Plant in Berlin Capstone Receives an Order for Two C1000 Signature Series Microturbines Boston Medical Center Announces CHP Facility Generates Electricity Capstone Receives an Order for 30 C65 ICHP Microturbines in the UK Valmet Enters into Cooperation Agreement with Solar Turbines for Cogeneration Systems Capstone Receives an Order for a C1000S Microturbine and Two C600S Microturbines Kohler's Power Group Acquires Clarke Energy
6. GLOBAL MARKET PERSPECTIVE Analysis by Fuel Type
7. REGIONAL MARKET PERSPECTIVE
7.1 The United States A. Market Analysis Growing Need for Cost-Effective and Eco-Friendly Energy Solutions Drive Healthy Demand for Cogeneration Equipment High Efficiency, Low-Cost, and Eco-friendly Profile Drive Widespread CHP Adoption Industrial Self-Generation Gain Momentum in the US Industrial CHP in the US Witnesses Fuel Shifts Digitization Surges in Industrial Self-Generation Rising Popularity of Smaller, Turnkey CHP Units Offer Potential Opportunities Increasing Demand for Small-Sized Plug & Play CHP Plants Steady Penetration of CHP Plants across End-use Industries Boost Market Growth Chemicals Paper Primary Metals Transportation Refining Food Processing Abundant Availability of Natural Gas Drive Robust Growth for Gas-Based CHP Less Volatile Natural Gas Prices Drives Cogeneration Market Growth Michigan State University (MSU) Make the Inevitable Switch to Natural Gas-Fired CHP Combined Heat and Power (CHP): A Beneficial Proposition for US Hospitals Clean CHP Replaces Oil and Coal Based Boilers across Industries Rising Demand from Educational Institutions Benefits Market Prospects Cogeneration Industries Council (CIC): Representing the Fast Growing CHP Market Lower Operational Costs and Better Power Reliability Spur Demand for CHPs in Data Centers Growth Drivers Growth Restraints Economic Incentives and Favorable Regulatory Environment Drive Market Gains $25 Million Earmarked by DOE for CHP Technologies New Tax Reform Bills to Boost CHP Adoption in the US Federal, State, and Local Utility Incentives Drive CHP Deployments at Wastewater Treatment Facilities Increasing Government Support Augurs Well for Market Penetration US DOE's ARPA-E Funds Research in the Area of CHP Growing State-wide Support for CHP Technology Clean Power Plan in the US Aids Distributed Energy and CHP Development Financial Incentives for CHP Projects Loans & Grants Tax Credits & Exemptions Rebates & Bonds Output-based Emission Standards Legislative Support Key Barriers to CHP Deployment in the US Less Complicated Interconnection Standards: Need of the Hour Proposed Solutions for Overcoming the Barriers B. Market Analytics
7.2 CANADA A. Market Analysis Utilities and Industrial Applications Dominate Cogeneration Deployments in Canada District Heating Systems in Canada: An Overview B. Market Analytics
7.3 JAPAN A. Market Analysis Costly Fuel Imports and the Growing Need for Energy Efficiency Drives Market Adoption Industrial Sector Dominates CHP Capacity Installations in the Country Chemical & Petrochemical Industries Dominate Industrial Applications Healthcare Sector Dominate CHP Capacity Installations in the Commercial Sector Strong Government Support Drive CHP Fuel Cells Adoption in Japan B. Market Analytics
7.4 Europe A. Market Analysis Supported by Emission Credits and Funding Schemes, European Countries March Ahead in Cogeneration CHP Projects in Europe Summarized Combined Heat and Power (CHP) Systems Continue to Gain Popularity in Europe EU Supports Cleaner and Greener Heat CHP Adoption: Barriers and Challenges Stadtwerke Dsseldorf: Plant of the Year CHP: Critically Important in the Ongoing Power Generation Transition in Europe Natural Gas and Biomass Emerge as Popular Fuel Options for CHP Units in Europe Germany: Leading CHP Electricity Producing Nation in Europe MicroCHP: The Preferred Heating Technology A Cost Effective Solution for Improving Efficiency in Buildings Small and Medium CHP Projects Witness Gains Favorable Government Policies: Essential for Cogeneration's Success Noteworthy Policy Developments to Boost Cogeneration in Europe Key Challenges Facing the European CHP Market B. Market Analytics
7.4.1 FRANCE Market Analysis
7.4.2 GERMANY A. Market Analysis Cogeneration: A Major Component of the National Energy Transition in Germany Myriad CHP Applications Drive Market Adoption Rising Focus on Cutting Carbon Emissions Promotes Market Expansion Government: A Key Facilitator in Development of Cogeneration B. Market Analytics
7.4.3 ITALY Market Analysis
7.4.4 THE UNITED KINGDOM A. Market Analysis Market Overview Key Government Policies that are Promoting Adoption of CHP World's Largest Biomass-Based Cogeneration Plant, TeesREP, to Complete by 2020 B. Market Analytics
7.4.5 SPAIN Market Analysis
7.4.6 RUSSIA A. Market Analysis Market Overview B. Market Analytics
7.4.7 REST OF EUROPE A. Market Analysis Select Key Markets Belgium: Nuclear Power to Make Way for CHP Denmark: Cogeneration Supplies Major Portion of District Heating Finland: Limited Future Potential for Growth Sweden: CHP to Increasingly Rely on Biomass and Other Renewable Sources The Netherlands: One of the Leading CHP Electricity Producing Nations B. Market Analytics
7.5 ASIA-PACIFIC A. Market Analysis Asia: A High Potential Market for CHP Worldwide Cogeneration: Addressing Inefficiencies of the Power Sector Commercial and Industrial Cogeneration Adoption Set to Increase B. Market Analytics
7.5.1 CHINA A. Market Analysis Sustained Economic Development Drives Strong Market Growth in the World's Largest Energy Consuming Nation China: A Booming Market for Gas-Fired CHP Surging Natural Gas Fired CHP Plants Drive Market Growth Major Reforms in Chinese Energy Policy Bodes Well for the Market China to Witness the Entry of Foreign Manufacturers in the CHP Field B. Market Analytics
7.5.2 INDIA A. Market Analysis Focus on Affordable and Clean Energy Drive Surging Demand for Cogeneration Equipment Robust Industrialization Drives Industrial CHP Market Demand for District Cooling Gain Momentum Government Policies Support CHP/DC Sector, Benefit Market Prospects Major Government Policies for the CHP Sector in a Nutshell Key Obstacles to CHP/DC Development in India B. Market Analytics
7.5.3 REST OF ASIA-PACIFIC A. Market Analysis Australia: An Important CHP Market in the Region B. Market Analytics
7.6 LATIN AMERICA Market Analysis
7.6.1 BRAZIL Market Analysis
7.6.2 REST OF LATIN AMERICA Market Analysis
7.7 REST OF WORLD A. Market Analysis Surging Deployment of Industrial Cogeneration Drives Market Growth in Africa Western Africa Witness Several Upcoming Gas Turbine Projects B. Market Analytics
8. COMPANY PROFILES
Total Companies Profiled: 87 (including Divisions/Subsidiaries - 110)
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Related Topics: Combined Heat and Power (CHP)
Source: GlobeNewswire
(June 18, 2019 - 7:02 AM EDT)
