United States is the second largest market for combined heat and power after Russia. CHP has been used in the United States for more than 100 years since Thomas Edison used it to power the worlds first commercial power plant. Decentralized CHP systems located at industrial and municipal sites became the foundation of the U.S.s early electric power industry. However, as power generation technologies advanced, the power industry began to build larger central station facilities to take advantage of increasing economies of scale.
Combined heat and power (CHP) is an efficient and clean approach to generating electric power and useful thermal energy from a single fuel source. Instead of purchasing electricity from the distribution grid and burning fuel in an on-site furnace or boiler to produce thermal energy, an industrial or commercial facility can use CHP to provide both energy services in one energy-efficient step.
While CHP has been in use in some form or another for more than 100 years, it remains an underutilized resource today. Nevertheless, the outlook for increased use of CHP is bright €” policymakers at the federal and state level are beginning to recognize the potential benefits of CHP and the role it could play in providing clean, reliable, cost-effective energy services to industry and businesses.
CHP is being looked at as a productive investment by some companies facing significant costs to upgrade outdated coal and oil-fired boilers. In addition, CHP can provide a cost-effective source of highly-efficient new generating capacity. Finally, the economics of CHP are improving as a result of the changing outlook in the long-term supply and price of North American natural gas €” a preferred fuel for many CHP applications.
As an efficiency technology, CHP helps makes businesses more competitive by lowering their energy costs, reducing demand on the electricity delivery system, reducing strain on the electric grid, and reducing greenhouse gas (GHG) and other harmful emissions. Already used by many industrial facilities and a growing number of commercial and institutional entities, CHP is a commercially available clean energy resource that is immediately deployable, and that can help address current and future global energy needs.
What the Report Offers
· Market Definition for the specified topic along with identification of key drivers and restraints for the market.
·Market analysis for the United States combined heat and power Market, with region specific assessments and competition analysis on a global and regional scale.
·Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
·Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
·Identification and analysis of the Macro and Micro factors that affect the United States combined heat and power market on both global and regional scale.
·A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
1. EXECUTIVE SUMMARY
2. RESEARCH METHODOLOGY
3. US COMBINED HEAT AND POWER (CHP) MARKET OVERVIEW
3.2 Installed Capacity, Historic and Forecast to 2023, in MW
3.3 Market Size and Demand Forecast until 2023
3.4 Recent Trends and Developments
3.5 Government Policies and Regulations
4. MARKET DYNAMICS
5. PESTLE ANALYSIS
6. INDUSTRY ATTRACTIVENESS: PORTER'S FIVE FORCES ANALYSIS
6.1 Bargaining Power of Suppliers
6.2 Bargaining Power of Consumers
6.3 Threat of Substitute Products and Services
6.4 Threat of New Entrants
6.5 Intensity of Competitive Rivalry
7. MARKET SEGMENTATION AND ANALYSIS (Market Overview, Installed Capacity, Market Size and Demand Forecast until 2023)
7.1 By Application
7.1.2 Industrial & Utility
7.2 By Fuel Type
7.2.1 Natural Gas
7.2.4 Other Fuels
7.3 By Technology Type
7.3.1 Boiler/Steam Turbine
7.3.2 Combined Cycle
7.3.3 Combustion Turbine
7.3.4 Other Technologies
8. COMPANY PROFILES OF KEY PLAYERS* (OVERVIEW, PRODUCTS & SERVICES, FINANCIALS**, RECENT DEVELOPMENTS AND ANALYST VIEW)
8.1 2G Energy Inc.
8.2 Aegis Energy Services, Inc.
8.3 Caterpillar Inc.
8.4 Chevron Energy Solutions (Chevron Corporation)
8.5 Cummins Inc.
8.6 Curtis Engine & Equipment Company, Inc.
8.7 GEM Energy LLC
8.8 General Electric Company
8.9 MAN Diesel & Turbo (Man SE)
8.10 Siemens AG (Dresser-Rand)
8.11 Veolia Environnement SA
8.12 Worleyparsons Limited
9. COMPETITIVE LANDSCAPE
9.1 Mergers & Acquisitions
9.2 Joint Ventures, Collaborations and Agreements
9.3 Strategies Adopted by Leading Players
10.1 Contact Us
* List of Companies is not exhaustive
**Subject to Availability on Public Domain