Future Trends of Combined Heat and Power Installation Market with Current Growth Analysis
Combined heat and power (CHP) systems are used to generate both electricity and heat energy. In CHP, the heat generated during electricity generation is captured and used for heating purposes. It ultimately increases the efficiency of the system by avoiding heat losses. CHP systems can reduce carbon emissions by up to 29% as compared to conventional systems. CHP is used in a wide range of applications including residential, commercial and industrial where there is requirement of both electricity and heat.
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