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The Micro Combined Heat and Power (Micro-CHP) market is a subset of the Combined Heat and Power (CHP) market. Micro-CHP systems are small-scale CHP systems that generate both electricity and heat from a single fuel source. These systems are typically used in residential and small commercial applications, and are designed to be more efficient than traditional electricity and heating systems. Micro-CHP systems are typically powered by natural gas, propane, or biogas, and can be used to generate electricity for a single building or multiple buildings.
The Micro-CHP market is growing due to increasing demand for energy efficiency and cost savings. Micro-CHP systems are becoming increasingly popular due to their ability to reduce energy costs and carbon emissions. Additionally, the development of new technologies and the availability of government incentives are driving the growth of the Micro-CHP market.
Some companies in the Micro-CHP market include Bosch Thermotechnology, Viessmann, E.ON, and Centrica. Show Less Read more