Combined Heat And Power CHP Systems Market Dynamics, Forecast, Analysis and Supply Demand 2016-2026
Cogeneration (also known as combined heat and power systems (CHP)) is a cluster of technologies primarily used for the concurrent generation of electricity and useful heat.
Cogeneration (also known as combined heat and power systems (CHP)) is a cluster of technologies primarily used for the concurrent generation of electricity and useful heat.
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<strong>Combined</strong> <strong>Heat</strong><br />
<strong>And</strong> <strong>Power</strong> <strong>CHP</strong><br />
<strong>Systems</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
<strong>Analysis</strong>, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> <strong>Forecast</strong>,<br />
<strong>2016</strong>– <strong>2026</strong><br />
Future <strong>Market</strong> Insights<br />
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Report Description<br />
Cogeneration (also known as combined heat <strong>and</strong> power systems (<strong>CHP</strong>)) is a cluster of<br />
technologies primarily used for the concurrent generation of electricity <strong>and</strong> useful heat. This<br />
combined generation of heat <strong>and</strong> electricity is much more effective than separate generation of<br />
electricity <strong>and</strong> useful heat in a way that <strong>CHP</strong> systems offers improved energy efficiency, reduced<br />
managing cost, low CO2 emission <strong>and</strong> others. Growing data center capacity as business operate<br />
more processes, h<strong>and</strong>le complex analytics with increasing storage requirements for customer<br />
data <strong>and</strong> employing rich media. H<strong>and</strong>ling of such large data requires continuous supply of<br />
reliable power making cogeneration systems of primary importance. Efficiency level for<br />
cogeneration systems can reach up to 80 % against separate generation of heat <strong>and</strong> electricity<br />
which provides combined efficiency of 40-50 %. <strong>CHP</strong> systems for data centers are gaining<br />
traction in the market as using such plants as source of data center power leads to energy<br />
efficient <strong>and</strong> substantial cost reduction benefits. However, another technology commercially<br />
available for powering data centers includes fuel cells. Although <strong>CHP</strong> systems are less efficient<br />
than fuel cells but requires lesser fuel to generate the same amount of power <strong>and</strong> has a win<br />
when its ability to supply chilled water is factored. Some of the major benefits offered utilizing<br />
<strong>CHP</strong> systems for data centers are limited reliance over external power supply, increased energy<br />
efficiency, low site carbon emission <strong>and</strong> others.<br />
Global <strong>CHP</strong> System market for Data Centre: <strong>Market</strong><strong>Dynamics</strong><br />
Regions with high electricity cost are readily adopting <strong>CHP</strong> systems primarily to save on their<br />
energy cost to provide base load power <strong>and</strong> using such systems to provide absorption cooling for
Report Description<br />
the facility. Moreover, government initiatives to install <strong>CHP</strong> systems in data center facilities due<br />
to low CO2 emissions is also expected to increase its adoption rate thereby increasing the<br />
adoption of <strong>CHP</strong> system in data centers.<br />
Low economic life of data center IT equipment results in consumer reluctance towards adoption<br />
of <strong>CHP</strong> systems for data centers since these systems have equipment life of around 10-15 years<br />
in comparison to economic life of IT equipment which is only 2-3 years.<br />
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Global <strong>CHP</strong> System market for Data Centre: Segmentation<br />
The global <strong>CHP</strong> system market for data center can be segmented on the basis of data center<br />
types, facility size, installation type <strong>and</strong> region. By Data center types the market can be<br />
segmented into Telecoms, ISP’s (internet Service Provider), CoLos (Co-located server hosting<br />
facilities), server farms, corporate data centers, university/ national laboratory <strong>and</strong> others. Based<br />
on facility the market can be segmented into less than 200 sq.ft, 200-700 sq.ft, 700-1,200 sq.ft,<br />
1,200-6,000 sq.ft <strong>and</strong> more than 6,000 sq.ft. Based on installation type global cogeneration<br />
systems market for data center can be segmented into newly installed systems <strong>and</strong> retrofit<br />
systems.
Report Description<br />
By region global <strong>CHP</strong> system market for data centers can be segmented into seven key regions<br />
namely North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific Excluding<br />
Japan (APEJ), Middle East <strong>and</strong> Africa <strong>and</strong> Japan.<br />
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Global <strong>CHP</strong> System market for Data Centre: Key Players<br />
Some of the major players identified across <strong>CHP</strong> system market for data center includes ENER-G,<br />
Korea Electric <strong>Power</strong> Corporation, National Grid plc, Exelon Corporation, NextEra Energy, Inc.,<br />
Chubu Electric <strong>Power</strong> Company, American Electric <strong>Power</strong> Company, Inc. <strong>and</strong> others.<br />
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