What is Combined Heat Power (CHP)?
CHP is a simultaneous production of two types of energy—heat and electricity—from one fuel source. Heat that is normally wasted in conventional power generation is recovered as useful energy, avoiding losses that would otherwise be incurred from separate generation of heat and power. With two forms of energy coming from one fuel source, CHP is tremendously efficient both financially and environmentally.
Fuel neutral. As an energy generation process, CHP is fuel neutral. This means that the process can be applied to both renewable and fossil fuels.
Highly efficient. CHP offers the capability to make more efficient and effective use of energy resources. It is efficient for both a company’s budget and the environment.
Local needs. CHP plants generally work well at meeting local energy needs, including heat, power, and cooling.