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N.A. & Europe Combined Heat and Power (CHP) Industry - Market Size, Trends and Key Country Analysis to 2020

DALLAS, April 1, 2014 /PRNewswire/ --

A new report at RnRMarketResearch.com says Europe's Combined Heat and Power Industry to Reach 245 Gigawatts in Installed Capacity by 2020. The report titled "Combined Heat and Power (CHP) in North America and Europe - Market Size, Trends and Key Country Analysis to 2020" is available at http://www.rnrmarketresearch.com/combined-heat-and-power-chp-in-north-america-and-europe-market-size-trends-and-key-country-analysis-to-2020-market-report.html .

According to Combined Heat and Power (CHP) in North America and Europe - Market Size, Trends and Key Country Analysis to 2020 research report, boosted by growing electricity demand and increasing environmental awareness, Europe's Combined Heat and Power (CHP) installed capacity will climb from an estimated 202 Gigawatts (GW) in 2014 to 245 GW by 2020, at a Compound Annual Growth Rate (CAGR) of 3.2%. Steam turbines dominated Europe's CHP installed capacity with a share of 66% in 2013, while gas turbine power plants accounted for 10%.

The European steam turbine market value is now set to increase further over the forecast period, from $1.72 billion in 2013 to $1.75 billion by 2020, at a CAGR of 0.3%, says this research. Meanwhile, the gas turbine market value will enjoy higher growth, from $862 million in 2013 to $1.47 billion by 2020, at a CAGR of 3.5%.

The senior analyst covering Power industry for the report's publisher, says: "With its strict emission and carbon savings targets, coupled with its focus on decentralized energy, Europe is comfortably the biggest market for CHP installations. Russia alone boasts a huge CHP installed capacity and depends on this technology to meet a large share of its heat requirements."

As electricity prices continue to rise, the report Combined Heat and Power (CHP) in North America and Europe - Market Size, Trends and Key Country Analysis to 2020 gives a belief that an increasing number of industries are considering CHP as an alternative for power generation, due to the option of using both natural gas and biomass as fuel.

"The waste heat collected in CHP plants can also be used for district heating, which will lead to significant long-term cost savings. This is expected to fuel the ongoing growth of Europe's CHP market in the coming years," concludes the senior analyst.

Combined Heat and Power (CHP) in North America and Europe - Market Size, Trends and Key Country Analysis to 2020 report covers the Combined Heat and Power industry in Europe and North America, including market size and installed capacity between 2007 and 2020. It also discusses the gas turbine and steam turbine markets, along with drivers and restraints.

This report is useful for professionals interested in the gas turbine, steam turbine, cogeneration, internal reciprocating engine, internal combustion engine, CHP, combined heat and power, alternative, cogeneration, biomass, fossil fuel, gas, coal and biogas market segments. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=162744 .

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Table of Contents for Combined Heat and Power (CHP) in North America and Europe - Market Size, Trends and Key Country Analysis to 2020 report cover:

1 Table of Contents 4

1.1 List of Tables 8

1.2 List of Figures 10

2 Introduction 12

2.1 GlobalData Report Guidance 13

2.2 Report Coverage and Segmentation 14

3 Combined Heat and Power Market, Overview 15

3.1 Combined Heat and Power Market, Technology Trends 16

3.1.1 Trigeneration 16

3.1.2 Shift from Conventional Generation to Powerformers 17

3.1.3 New Combustion Technology 17

4 Europe 19

4.1 Overview 19

4.2 Europe, Cogeneration Market, Drivers and Restraints, 2013-2020 19

4.2.1 Europe, Cogeneration Market, Drivers, 2013-2020 19

4.2.2 Europe, Cogeneration Market, Restraints, 2013-2020 20

4.3 Europe, Combined Heat and Power Market 23

4.3.1 Europe, Total Combined Heat and Power Installed Capacity, 2007-2020 23

4.3.2 Europe, Market Share by Type of Power Plant, 2013 24

4.3.3 Europe, Combined Heat and Power Steam Turbine Market, 2008-2020 25

4.3.4 Europe, Combined Heat and Power Gas Turbine Market, 2008-2020 27

4.4 Russia 28

4.4.1 Overview 28

4.4.2 Russia, Total Combined Heat and Power Installed Capacity, 2006-2020 29

4.4.3 Russia, Market Share by Type of Power Plant, 2013 31

4.4.4 Russia, Combined Heat and Power Steam Turbine Market, 2007-2020 32

4.4.5 Russia, Combined Heat and Power Gas Turbine Market, 2007-2020 34

4.4.6 Regulations 36

4.5 European Union 39

4.5.1 Overview 39

4.5.2 Combined Heat and Power Installed Capacity 40

4.5.3 EU-27, Market Share by Type of Power Plant, 2013 41

4.5.4 EU-27, Combined Heat and Power Steam Turbine Market, 2007-2020 42

4.5.5 EU-27, Combined Heat and Power Gas Turbine Market, 2007-2020 44

4.5.6 European Union Regulations 46

4.6 Germany 47

4.6.1 Overview 47

4.6.2 Germany, Total Combined Heat and Power Installed Capacity, 2006-2020 47

4.6.3 Germany, Market Share by Type of Power Plant, 2013 49

4.6.4 Germany, Market Share by Power Usage, 2013 51

4.6.5 Germany, Combined Heat and Power Steam Turbine Market, 2007-2020 52

4.6.6 Germany, Combined Heat and Power Gas Turbine Market, 2007-2020 53

4.6.7 Regulations 55

4.6.8 Allocation Act, 2012 56

4.7 UK 59

4.7.1 Overview 59

4.7.2 UK, Total Combined Heat and Power Installed Capacity, 2006-2020 59

4.7.3 UK, Combined Heat and Power Market, Share by Fuel Type, 2013 61

4.7.4 UK, Combined Heat and Power Steam Turbine Market, 2007-2020 62

4.7.5 UK, Combined Heat and Power Gas Turbine Market, 2007-2020 64

4.7.6 Regulations 66

4.8 Netherlands 71

4.8.1 Overview 71

4.8.2 Netherlands, Total Combined Heat and Power Installed Capacity 71

4.8.3 Netherlands, Market Share by Type of Technology 73

4.8.4 Netherlands, Steam Turbine Market, 2007-2020 74

4.8.5 Netherlands, Gas Turbine Market, 2007-2020 76

4.8.6 Regulations 78

4.8.7 Guarantees of Origin 79

5 North America 86

5.1 Overview 86

5.2 North America, Combined Heat and Power, Drivers and Restraints 86

5.2.1 North America, Combined Heat and Power, Drivers 86

5.2.2 North America, Combined Heat and Power, Restraints 88

5.3 North America, Combined Heat and Power Market 89

5.3.1 North America, Total Combined Heat and Power Installed Capacity, 2006-2020 89

5.3.2 North America, Combined Heat and Power Capacity Share by Type of Turbine, 2013 91

5.3.3 North America, Combined Heat and Power Steam Turbine Market, 2007-2020 92

5.3.4 North America, Combined Heat and Power Gas Turbine Market, 2007-2020 94

5.4 US 96

5.4.1 Overview 96

5.4.2 US, Combined Heat and Power, Total Installed Capacity, 2006-2020 97

5.4.3 US, Combined Heat and Power Capacity Share by Type of Turbine, 2013 99

5.4.4 US, Combined Heat and Power Steam Turbine Market, 2007-2020 100

5.4.5 US, Combined Heat and Power Gas Turbine Market, 2007-2020 102

5.4.6 Regulations 104

5.4.7 Power Plant Improvement Initiative 105

5.4.8 Clean Energy Standard Act 105

5.5 Canada 109

5.5.1 Overview 109

5.5.2 Canada, Total Combined Heat and Power Installed Capacity, 2006-2020 110

5.5.3 Canada, Market Share by Type of Technology, 2013 111

5.5.4 Canada, Combined Heat and Power Steam Turbine Market, 2007-2020 113

5.5.5 Canada, Combined Heat and Power Gas Turbine Market, 2007-2020 114

5.5.6 Regulations 116

6 Appendix 121

6.1 Definitions 121

6.1.1 Power 121

6.1.2 Installed Capacity 121

6.1.3 Electricity Generation 121

6.1.4 Electricity Consumption 121

6.1.5 Coal-fired Power Plant 121

6.1.6 Solar Power 121

6.1.7 Renewable Energy Resources 121

6.2 Abbreviations 122

6.3 Bibliography 123

6.4 Research Methodology 126

6.4.1 Coverage 126

6.4.2 Secondary Research 127

6.4.3 Primary Research 127

6.4.4 Market Estimation 128

6.5 Disclaimer 128

1.1 List of Tables

Table 1: Combined Heat and Power, Europe, Total Installed Capacity (GW), 2007-2020 24

Table 2: Combined Heat and Power, Europe, Market Share by Type of Power Plant (%), 2013 25

Table 3: Combined Heat and Power, Europe, Steam Turbine Market ($m), 2008-2020 26

Table 4: Combined Heat and Power, Europe, Gas Turbine Market ($m), 2008-2020 28

Table 5: Combined Heat and Power, Russia, Total Installed Capacity (GW), 2006-2020 31

Table 6: Combined Heat and Power, Russia, Market Share by Type of Power Plant (%), 2013 32

Table 7: Combined Heat and Power, Russia, Steam Turbine Market ($m), 2007-2020 34

Table 8: Combined Heat and Power, Russia, Gas Turbine Market ($m), 2007-2020 36

Table 9: Combined Heat and Power, EU-27, Total Installed Capacity (GW), 2007-2020 41

Table 10: Combined Heat and Power, EU-27, Market Share by Type of Power Plant (%), 2013 42

Table 11: Combined Heat and Power, EU-27, Steam Turbine Market ($m), 2007-2020 44

Table 12: Combined Heat and Power, EU-27, Gas Turbine Market ($m), 2007-2020 45

Table 13: Combined Heat and Power, Germany, Total Installed Capacity (GW), 2006-2020 49

Table 14: Combined Heat and Power, Germany, Market Share by Type of Power Plant (%), 2013 50

Table 15: Combined Heat and Power, Germany, Market Share by Power Usage (%), 2013 51

Table 16: Combined Heat and Power, Germany, Steam Turbine Market ($m), 2007-2020 53

Table 17: Combined Heat and Power, Germany, Gas Turbine Market ($m), 2007-2020 55

Table 18: Combined Heat and Power, UK, Total Installed Capacity (GW), 2006-2020 61

Table 19: Combined Heat and Power, UK, Market Share by Fuel Type (%), 2013 62

Table 20: Combined Heat and Power, UK, Steam Turbine Market ($m), 2007-2020 64

Table 21: Combined Heat and Power, UK, Gas Turbine Market ($m), 2007-2020 66

Table 22: Combined Heat and Power, UK, Carbon Support Price Rates, 2013-2018 70

Table 23: Combined Heat and Power, Netherlands, Total Installed Capacity (GW), 2006-2020 73

Table 24: Combined Heat and Power, Netherlands, Market Share by Type of Technology (%), 2013 74

Table 25: Combined Heat and Power, Netherlands, Steam Turbine Market ($m), 2007-2020 76

Table 26: Combined Heat and Power, Netherlands, Gas Turbine Market ($m), 2007-2020 78

Table 27: Combined Heat and Power, Netherlands, Renewable Energy Policy, Guarantees of Origin, Participants, 2013 79

Table 28: Combined Heat and Power, Netherlands, Renewable Energy Policy, SDE+ 2013, FiTs (€/kWh), 2013 82

Table 29: Combined Heat and Power, North America, Total Installed Capacity (GW), 2006-2020 91

Table 30: Combined Heat and Power, North America, Capacity Share by Type of Turbine (%), 2013 92

Table 31: Combined Heat and Power, North America, Steam Turbine Market ($m), 2007-2020 94

Table 32: Combined Heat and Power, North America, Gas Turbine Market ($m), 2007-2020 96

Table 33: Combined Heat and Power, US, Total Installed Capacity (GW), 2006-2020 99

Table 34: Combined Heat and Power, US, Capacity Share by Type of Turbine (%), 2013 100

Table 35: Combined Heat and Power, US, Steam Turbine Market ($m), 2007-2020 102

Table 36: Combined Heat and Power, US, Gas Turbine Market ($m), 2007-2020 104

Table 37: Combined Heat and Power, US, Policy, CESA 106

Table 38: Combined Heat and Power, Canada, Total Installed Capacity (GW), 2006-2020 111

Table 39: Combined Heat and Power, Canada, Market Share by Type of Technology (%), 2013 112

Table 40: Combined Heat and Power, Canada, Steam Turbine Market ($m), 2007-2020 114

Table 41: Combined Heat and Power, Canada, Gas Turbine Market ($m), 2007-2020 116

Table 42: Abbreviations 122

1.2 List of Figures

Figure 1: Combined Heat and Power vs. Traditional Power Generation 12

Figure 2: Combined Heat and Power, Europe, Drivers and Restraints Impact Analysis, 2013-2020 22

Figure 3: Combined Heat and Power, Europe, Total Installed Capacity (GW), 2007-2020 23

Figure 4: Combined Heat and Power, Europe, Market Share by Type of Power Plant (%), 2013 25

Figure 5: Combined Heat and Power, Europe, Steam Turbine Market ($m), 2008-2020 26

Figure 6: Combined Heat and Power, Europe, Gas Turbine Market ($m), 2008-2020 27

Figure 7: Combined Heat and Power, Russia, Total Installed Capacity (GW), 2006-2020 30

Figure 8: Combined Heat and Power, Russia, Market Share by Type of Power Plant (%), 2013 32

Figure 9: Combined Heat and Power, Russia, Steam Turbine Market ($m), 2007-2020 33

Figure 10: Combined Heat and Power, Russia, Gas Turbine Market ($m), 2007-2020 35

Figure 11: Combined Heat and Power, EU-27, Total Installed Capacity (GW), 2007-2020 40

Figure 12: Combined Heat and Power, EU-27, Market Share by Type of Power Plant (%), 2013 42

Figure 13: Combined Heat and Power, EU-27, Steam Turbine Market ($m), 2007-2020 43

Figure 14: Combined Heat and Power, EU-27, Gas Turbine Market ($m), 2007-2020 45

Figure 15: Combined Heat and Power, Germany, Total Installed Capacity (GW), 2006-2020 48

Figure 16: Combined Heat and Power, Germany, Market Share by Type of Power Plant (%), 2013 50

Figure 17: Combined Heat and Power, Germany, Market Share by Power Usage (%), 2013 51

Figure 18: Combined Heat and Power, Germany, Steam Turbine Market ($m), 2007-2020 52

Figure 19: Combined Heat and Power, Germany, Gas Turbine Market ($m), 2007-2020 54

Figure 20: Combined Heat and Power, UK, Total Installed Capacity (GW), 2006-2020 60

Figure 21: Combined Heat and Power, UK, Market Share by Fuel Type (%), 2013 62

Figure 22: Combined Heat and Power, UK, Steam Turbine Market ($m), 2007-2020 63

Figure 23: Combined Heat and Power, UK, Gas Turbine Market ($m), 2007-2020 65

Figure 24: Combined Heat and Power, Netherlands, Total Installed Capacity (GW), 2006-2020 72

Figure 25: Combined Heat and Power, Netherlands, Market Share by Type of Technology (%), 2013, 74

Figure 26: Combined Heat and Power, Netherlands, Steam Turbine Market ($m), 2007-2020 75

Figure 27: Combined Heat and Power, Netherlands, Gas Turbine Market ($m), 2007-2020 77

Figure 28: Combined Heat and Power, North America, Drivers and Restraints Impact Analysis, 2013-2020 89

Figure 29: Combined Heat and Power, North America, Total Installed Capacity (GW), 2006-2020 90

Figure 30: Combined Heat and Power, North America, Capacity Share by Type of Turbine (%), 2013 92

Figure 31: Combined Heat and Power, North America, Steam Turbine Market ($m), 2007-2020 93

Figure 32: Combined Heat and Power, North America, Gas Turbine Market ($m), 2007-2020 95

Figure 33: Combined Heat and Power, US, Total Installed Capacity (GW), 2006-2020 98

Figure 34: Combined Heat and Power, US, Capacity Share by Type of Turbine (%), 2013 100

Figure 35: Combined Heat and Power, US, Steam Turbine Market ($m), 2007-2020 101

Figure 36: Combined Heat and Power, US, Gas Turbine Market ($m), 2007-2020 103

Figure 37: Combined Heat and Power, Canada, Total Installed Capacity (GW), 2006-2020 110

Figure 38: Combined Heat and Power, Canada, Market Share by Type of Technology (%), 2013 112

Figure 39: Combined Heat and Power, Canada, Steam Turbine Market ($m), 2007-2020 113

Figure 40: Combined Heat and Power, Canada, Gas Turbine Market ($m), 2007-2020 115

Explore more reports on the energy and power industries at http://www.rnrmarketresearch.com/reports/energy-power .

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