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Analysts: CHP market to exceed $45 billion by 2024

from Decentralized Energy

The world's combined heat and power (CHP) market is set to exceed $45 billion and grow to 25 GW by 2024, according to new analysis. In a recent market report, U.S.-based Consultancy Global Market Insights attributed this projected growth to large-scale energy trends such as a shift to sustainable energy, a growing demand for captive power generation and rapid industrialization and urbanization. CHP's high efficiency, reliability and low emissions complement these trends. more

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