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Global Combined Heat and Power (CHP) Market Growth Opportunities, Frost & Sullivan

Excerpt from report summary: As governments prioritize climate change mitigation, the cogeneration of heat and power emerges as an essential enabling factor for energy efficiency. Factors driving cogeneration adoption are energy efficiency requisites, energy conservation efforts, rising energy prices, the demand for clean energy generation, and grid resilience and ability to complement variable renewables. Political willingness, favorable government initiatives, and the move toward carbon neutrality also encourage adoption. However, geopolitical chaos, such as the Russo-Ukrainian War, disrupts and limits gas supplies, causing a slowdown in gas-led CHP installations.


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