Economic Benefits of Combined Heat and Power (19-Oct-07)
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Full story: Economic Benefits of Combined Heat and Power (19-Oct-07)
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Increasing the UK's capacity for Combined Heat and Power generation (CHP) could yield considerable environmental and economic benefits, two Government reports reveal today.
The reports, published as part of the requirements of the EC Cogeneration Directive, predict that over 10% of the UK's electricity will come from CHP generation by the end of 2010.
It goes on to state that the economic potential exists to provide 17% of our total energy requirement from CHP.
The report on the UK's national potential for CHP examines how the opportunity to capitalise on this energy source can be harnessed and it outlines the taxation, market mechanisms and policy framework in place to support the growth of Good Quality CHP capacity.
Combined Heat and Power is a highly fuel-efficient process which sees the simultaneous generation of heat and power in a single process.
This means it can produce greatly reduced levels of carbon dioxide emissions compared to the separate generation of heat and power e.g. via on-site boilers and fossil fuel power stations.
As CHP is a process that can be applied to a variety of fuels and technologies, it could play a crucial role in the UK's low carbon future.
- Source: 24dash.com
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UK Govt Sees 10 pct of UK Energy Produced by CHP by 2010 (19-Oct-07)
LONDON (Thomson Financial) - The UK government predicts that over 10 pct of the UK's electricity will come from combined heat and power (CHP) technology by 2010, which would help cut carbon emissions in line with EU targets.
In two reports published today, the government said that CHP - a fuel-efficient process which generates heat and power simultaneously - will produce at least 36 TWh of the projected 350 TWh of UK electricity demand by 2010.
Companies are likely to be offered tax breaks for energy produced by CHP as well as reward for carbon credits saved under the European carbon trading scheme.
- Source: Forbes
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