The district heating and cooling market by consumption was valued at $142.7 billion in 2014 and is expected to expand at a compound annual growth rate (CAGR) of 5.8 percent to reach $243.4 billion in 2024, according to Transparency Market Research.

The International District Energy Association (IDEA) and the Microgrid Resources Coalition (MRC) announced a merger agreement to integrate the resources and technical and regulatory expertise of the MRC into IDEA to strengthen information exchange and advocacy efforts for microgrids.

The global district heating and cooling market is forecast to increase from a valuation of $142.6 billion in 2014 to $229.4 billion by 2023, expanding at a compound annual growth rate (CAGR) of 5.7 percent, according to a report published by Transparency Market Research.

The International District Energy Association (IDEA) has signed a memorandum of understanding (MOU) in conjunction with the Korea District Heating & Cooling Association, the China District Heating Association, Euroheat & Power, and the Ministry of Energy of the Mongol Government.

At IDEA2015: Inspiring the Next Generation, hosted by the International District Energy Association (IDEA), energy experts from around the world gathered to explore the latest innovations and trends in district heating and cooling, combined heat and power (CHP), and microgrids for cities, communities, and campuses.