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Frost & Sullivan: Focus on Energy Security Powers European Combined Heat and Power for District Heating Market

6 pages
Frost & Sullivan: Focus on EnergyFrost & Sullivan: Focus on Energy Security Powers European Combined Heat and Power for District Heating Market PR Newswire LONDON, Nov. 14, 2013 -- Revenues to double - Countries with favourable energy policies and reliable power distribution networks will see highest adoption rates Rising concerns over climate change and the environmental impact of fossil fuels have urged the European Commission to chalk out energy policies and energy efficiency directives. Mandates to switch to emission reduction technologies and alternate fuel supplies by applying district heating (DH) methods will ensure that combined heat and power for DH (CHP-DH) will be an important contributor to achieving both 2020 and long-term EU objectives. The capability for heat generation from renewable energy will also lend momentum to DH as a key alternative to fossil fuels. New analysis from Frost & Sullivan (http://www.energy.frost.com), European Combined Heat and Power for District Heating Market, finds that the market earned revenues of €482.5 million in 2012 and estimates this to grow to €1,025.3 million in 2019 at a healthy compound annual growth rate of 11.4 percent. Orders for DH systems in combined cycle form will boost revenues in most European countries.
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Frost & Sullivan: Focus on Energy Security Powers European Combined Heat and Power for District Heating Market

PR Newswire

-- Revenues to double - Countries with favourable energy policies and reliable power distribution networks will see highest adoption rates

Rising concerns over climate change and the environmental impact of fossil fuels have urged the European Commission to chalk out energy policies and energy efficiency directives. Mandates to switch to emission reduction technologies and alternate fuel supplies by applying district heating (DH) methods will ensure that combined heat and power for DH (CHP-DH) will be an important contributor to achieving both 2020 and long-term EU objectives. The capability for heat generation from renewable energy will also lend momentum to DH as a key alternative to fossil fuels.