Countries including the UK, Germany and France have auctionmechanism for various technologies including CHP. AFD and Eskom commit to a competitive electricity sector The company’s latest report Combined Heat and Power Market, Update 2019– Global Market Size,Segmentation, Regulations, and Key Country Analysis to 2025 reveals thatthe global CHP capacity is estimated to grow significantly from 864.2GW in 2018to 1,050.5GW in 2025, due to significant capacity additions by China and India. UNDP China, CCIEE launch report to facilitate low-carbon development Auction-based competitive bidding has become a popular mechanism in recent years to drive CHP in most of the key markets. Read more: Global water meters market to be one-third smart by 2025 Gas-fired CHP systems The innovative tenders in Germany allocated 21MW in June2018 and attracted three bids of 13MW in December 2018. “The regulatory framework and policy structure supportingCHP in various regions and countries have led to significant development in theglobal CHP industry and have driven the leading CHP nations in growthtrajectories. In the wake of growing energy security and environmental concerns,most countries are expected to strengthen their CHP support mechanisms, whichwill help the global CHP industry to maintain growth in the coming years,”Agarwal concluded. Asia-Pacific (APAC) is the largest region in terms of bothnet capacity additions and cumulative CHP capacity in 2018. Featured image: Stock TAGSChinaCHP marketsGlobalDataIndia Previous articleESI Insights #17: “Eskom is in a crisis”. Understatement of the year!Next articleCall for software developers to exhibit blockchain solutions Guest ContributorThe views expressed in this article by the author are not necessarily those of the publishers and/or association partners. While every effort is made to ensure accuracy, the publisher and editors cannot be held responsible for any inaccurate information supplied and/or published. RELATED ARTICLESMORE FROM AUTHOR “Europe was the region with the highest installed CHPcapacity until 2009, primarily due to early development of technology, carbonsavings target and large capacity installations in major countries such asRussia, Netherlands, Germany and the UK,” noted GlobalData’s power analyst, AnchalAgarwal. China also plans to add over 12GW of biomass cogeneration capacity by 2020 and around 25GW biomass CHP capacity by 2035. Apart from regular CHP auctions, Germany also introduced innovativetenders to determine the role of CHP plants in decarbonising power and heatsupply. Low carbon, solar future could increase jobs in the future – SAPVIA Generation Finance and Policy During 2019–2025, the cumulative capacity of China is expectedto increase from 363.3GW to 434.4 at a CAGR of 3.0%. Germany introduced its first regular CHP auction in December2017, in which 82MW capacity was awarded at an average price of $46.10/ MWh. A specific rule calling for companies to switch off andreplace coal-fired boilers prompted a number of companies to replace coalplants with gas-fired CHP systems. According to Agarwal, more than 90% of the total installedcapacity is fed by coal. BRICS Asia-Pacific isexpected to remain the largest combined heat and power (CHP) market in theworld due to an increase in capacity installations, led by China, India andJapan, according to GlobalData. Agarwal continued: “In 2010, the APAC region overtook Europe as it added capacities while Europe stagnated at its already high level. The governments in APAC are strongly committed towards having a cleaner energy mix and are supporting the evolution of such technologies through various policies and R&D initiatives.” Agarwal added: “CHP capacity in China increasedsignificantly at a CAGR of 13% from 79.8 GW in 2006 to 347.6GW in 2018. Thecumulative capacity increased especially during 2010–2013 and 2014–2017.
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