On-Grid Combined Heat and Power Market 2021 Strategic Assessments – General Electric Company, Kawasaki Heavy Industries Ltd, Bosch Thermotechnology GmbH, Viessmann Werke

Global On-Grid Combined Heat and Power Market – Growth, Trends, And Forecast (2021 – 2025)

The report presents an in-depth assessment of the Global On-Grid Combined Heat and Power Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global On-Grid Combined Heat and Power investments from 2021 till 2025.

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The Global On-Grid Combined Heat and Power market is highly competitive and consists of a number of major players. Companies, like General Electric Company, Kawasaki Heavy Industries Ltd, Bosch Thermotechnology GmbH, Viessmann Werke, and Siemens AG among others.

Scope of the Report

The global on-grid combined heat and power market is expected to grow at a CAGR of more than 6% over the period of 2020-2025. Factors such as the positive outlook for natural gas supply and price, increased energy efficiency, and environmental regulatory pressures on power plants and industrial boilers, amongst others, are expected to drive the number of installations of combined heat and power plants across the world. Moreover, on-grid combined heat and power systems provide both thermal energy and electricity for the host site, generate electricity and provide other grid services to the electric power system when needed, and interact with the grid in a fully automated manner. Although many efforts have been made over the years to remove technical and regulatory barriers and to promote wider adoption of on-grid combined heat and power plants, factors such as grid interconnection, significant initial capital investment, amongst various others, has remained as a significant challenge for the on-grid combined heat and power market.

Key Market Trends:

Biomass Based Combined Heat and Power to Witness a Significant Growth

- Over the past few years, the biomass industry has grown significantly. Biomass combustion is a carbon-free process, as the resulting CO2 is previously captured by the plants being combusted. Biomass combined heat and power can be a very useful technology for sites that have a constant demand for both heat and electricity, particularly when the site is off the mains gas grid, and where biomass fuel is readily available.
- In cogeneration mode, the total efficiency may reach 85%-90%. Biomass integrated gasification in gas-turbine plants (BIG/GT) is not yet commercial, but integrated gasification combined cycles (IGCC), using black-liquor (a by-product from the pulp and paper industry), are already in use.
- In September 2018, a biomass-based combined heat and power plant was commissioned in Southwest England, with a generation capacity of 27 MW. The project represented an inward investment of approximately EUR 150 million. The plant�s capacity is enough to supply 50,000 homes while saving more than 100,000 metric tons of carbon dioxide annually. The excess power generated by the plant is exported to the local electricity grid.
- Abundant resources and favorable policies are enabling bio-power to expand in Northern Europe, the United States, and countries producing sugarcane bagasse (e.g. Brazil). The proliferation of small projects, including digesters for off-grid applications, is recorded in both OECD and emerging economies.

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The key insights of the On-Grid Combined Heat and Power Market report: 
The report provides status of the On-Grid Combined Heat and Power market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The On-Grid Combined Heat and Power market report presents the company profile, product specifications, capacity, production value, and 2016-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2021-2025 market development trends of On-Grid Combined Heat and Power Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of On-Grid Combined Heat and Power Industry before evaluating its feasibility.

Finally, On-Grid Combined Heat and Power Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. On-Grid Combined Heat and Power industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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