Combined Heat and Power (CHP) is a technology that simultaneously produces electricity and useful thermal energy from a single fuel source. Cogeneration, also known as Combined Heat and Power (CHP), is a highly efficient process that generates electricity and captures the heat that would otherwise be wasted to provide useful thermal energy such as steam or hot water. This thermal energy can be used for space heating, cooling, domestic hot water, industrial processes, and other applications. Cogeneration systems are typically more efficient than traditional power plants, as they can achieve total system efficiencies of up to 80%, compared to the 50-60% efficiency of traditional power plants. Cogeneration systems are used in a variety of industries, including commercial and industrial buildings, hospitals, universities, and manufacturing plants. They are also used in residential applications, such as single-family homes and multi-family dwellings. Companies in the Cogeneration market include Siemens, GE, Mitsubishi, and Caterpillar. Other companies include Capstone Turbine, Clarke Energy, and Wärtsilä. Show Less Read more
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