Jan. 7, 2013: CHP for Commercial Buildings to More than Double by 2022
BOULDER, Colo. — Annual installations of combined heat and power (CHP) systems for commercial buildings were projected to reach nearly 39 gigawatts (GW) in 2012. According to a report from Pike Research, a part of Navigant’s Energy Practice, that number is forecast to more than double by 2022, reaching 79.5 GW.
Sometimes referred to as cogeneration, CHP is the simultaneous generation of electric power and heat in a single, integrated system. These systems can help reduce the cost of HVAC and power for a variety of commercial building types.