PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Expects the European Cogeneration Market to Pick up Steam by 2018 - Robust government backing encourages long-term investments - Germany, Italy and Spain have made considerable strides in building a policy framework to support cogeneration - Energy.Frost.com
Frost & Sullivan Expects the European Cogeneration Market to Pick up Steam by 2018

 

NewswireToday - /newswire/ - London, United Kingdom, 2012/01/26 - Robust government backing encourages long-term investments - Germany, Italy and Spain have made considerable strides in building a policy framework to support cogeneration - Energy.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

High investments in equipment and low payback periods of up to 5 to 7 years notwithstanding, cogeneration is all set for a revival in Europe between 2014 and 2018. Most countries across Europe are expected to increase their cogeneration capacity, mainly in the combined cycle form.

New analysis from Frost & Sullivan (energy.frost.com), European Cogeneration Market, finds that the market earned revenues of €548.1 million in 2011 and estimates this to reach €674.3 million in 2018.

Europe aims to meet its environmental and energy-efficiency targets through gradual developments in cogeneration technology, skills and supply chain. Power plants are particularly keen to invest in cogeneration because governments provide benefits for companies with higher cogeneration potential.

“Investment in cogeneration units is also fairly dependent on the cost of generating electricity,” says Frost & Sullivan Industry Analyst Pritil Gunjan. “Stable energy prices are essential to convince end users to make the right energy investment decisions and assure them that it is a sound strategy to rebuild a cogeneration base.”

Cogeneration is the solution of choice for end users that have a rising need for large-scale power and supporting heat. It is a cost-effective system; in addition, the technology and skill required for setting up a cogeneration project is commercially available.

The development of CHP is heavily influenced by energy supply-side policies and government regulations that are directed towards energy consumers. Policy, tax, electricity reforms and trading arrangements are necessary to nurture cogeneration.

Tax benefits will be particularly useful in the current environment of economic uncertainty and unclear returns. The market will also be pegged back by the delays caused by interconnection issues.

Nevertheless, rising concerns over climate changes and increasing consciousness about the environmental impact of fossil fuels offset all these issues. They have prompted the European Commission to plan for collective energy policies and promote energy efficiency directives.

The combined heat and power (CHP) directive, emission credits and new emission reduction technologies are crucial to the success of cogeneration in Europe. Under the CHP directive, Germany, Italy and Spain have made considerable strides in building a policy framework to support cogeneration, while Germany has set itself a target to double cogeneration capacity by 2020.

“The effective implementation of CHP policies and a focus on creating favourable conditions for cogeneration development are likely to drive the market in Europe,” notes Gunjan. “In 2011, the EU identified cogeneration as the energy application that can make the largest-single contribution to achieving the region's greenhouse gas reductions, giving a huge thrust to the market.”

If you are interested in more information on this study, please send an email with your contact details to Chiara Carella, Corporate Communications, at chiara.carella[.]frost.com.

European Cogeneration Market is part of the Energy & Power Growth Partnership Services program, which also includes research in the following markets: Western European Gas and Steam Turbine Market, Global Power Generation Forecast 2011, Global Power and Energy Outlook 2011. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

European Cogeneration Market / M721-14

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Expects the European Cogeneration Market to Pick up Steam by 2018

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Chiara Carella 
+44(0)20 7343 8314 chiara.carella[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Newswires:

RWE Turns to GE to Improve Flexibility and Performance
Liquefied Gas Pump Market to Record an Exponential CAGR by 2026 According to Persistence Market Research
GE and Solairedirect India Partner for the Next 25 Years
ENGIE Wins Major Contract with Transport for London
Boost in Genset Manufacturing Activity to Resolve Power Challenges in the Southern African Region Finds Frost & Sullivan
ENGIE to Become Worldwide Leader of Independent District Cooling by Acquiring A 40% Stake in Tabreed from Mubadala
Asia-Pacific Renewable Energy Inverters Market Leverages Favourable Targets and Feed-in Tariffs to Catalyze Growth, finds Frost & Sullivan
GE Introduces Rugged, Resilient Power Supply for Industrial Applications
Energy Technology Developers Focus on Sustainability and Efficiency to Stay Relevant in a Changing Market Finds Frost & Sullivan
Baker Hughes and GE Announce Executive Leadership Team for Baker Hughes, a GE Company
Enel Green Power Acquires Two Wind Farms in Campania from Amec Foster Wheeler
Enel and Rosseti Sign MoU for Cooperation in Innovative Smart Grid Solutions
World’s Largest Floating Photovoltaic Power Plant Test-bed Features ABB Technology
Enel Group Confirmed in Euronext Vigeo Eiris Sustainability Indices for Fifth Straight Year
Invenergy Selects GE Renewable Energy to Provide Cyber Security for Entire Fleet

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Persistence Market Research (P) Ltd

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)