Industrial combined heat and power capacity will grow 30% per year through 2023, says Navigant Research

Enabling facilities to achieve efficiencies of up to 85% while simultaneously generating electricity and heat, combined heat and power (CHP) is a proven strategy for reducing total energy use in the industrial sector. CHP is one of the few options in the portfolio of energy alternatives that combine environmental benefits with economic viability and improved competitiveness. According to a recent report from Navigant Research, the worldwide capacity of industrial combined heat and power systems will grow at a CAGR of 30% a year from 2014-2023.



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