Please Wait.....
Report
Germany Combined Heat and Power Market Report and Forecast 2024-2032
Market Report I 2024-07-18 I 211 Pages I EMR Inc.
Germany Combined Heat and Power Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), Germany combined heat and power market size, aided by the increasing application in the telecommunications sector, is projected to grow at a CAGR of 4.50% between 2024 and 2032.
Combined heat and power (CHP), also known as cogeneration, is a highly efficient energy solution that simultaneously generates electricity and thermal energy from a single fuel source. This process captures heat that would otherwise be wasted during the production of electrical power. The CHP system utilises this captured heat for heating purposes in residential, commercial, or industrial applications, which significantly enhances the overall efficiency of the energy system.
In Germany, the combined heat and power market has been shaped by a strong policy framework aimed at enhancing energy efficiency and reducing carbon dioxide emissions. The German government has been a proponent of CHP under its cogeneration law (KWKG), which provides financial incentives for the installation and operation of CHP plants. This law, revised periodically, aims to increase the electricity generated from CHP systems as part of Germany's ambitious energy transition (Energiewende), which seeks a sustainable, secure, and affordable energy supply.
Major Germany combined heat and power market trends reflect a dynamic shift towards more sustainable and efficient energy solutions. One of the prominent trends is the increasing adoption of smaller, decentralised CHP units. These units are particularly popular in residential and commercial buildings because they provide a reliable source of heat and power while reducing energy costs and carbon footprints. The decentralisation trend is supported by technological advancements that have made these systems more compact, efficient, and adaptable to various energy needs.
Another significant trend aiding the Germany combined heat and power market growth is the integration of renewable energy sources with CHP systems. Biomass CHP, in particular, has gained traction due to its potential to provide stable energy production with a lower environmental impact. Biomass, as a renewable source, aligns well with the goals of the Energiewende, making it an attractive option for both new installations and the retrofitting of existing CHP systems.
Additionally, the Germany combined heat and power market is witnessing a growing interest in the use of advanced digital technologies and smart controls in CHP systems. These technologies enable real-time monitoring and optimisation of operations, thus enhancing efficiency and flexibility. The integration of smart systems into CHP technology allows for better integration into local and national grids, adapting quickly to changes in energy demand or supply conditions.
Thermal storage technologies are also becoming an integral part of the Germany combined heat and power market. By incorporating thermal storage, CHP systems can operate more flexibly, storing excess heat produced during low-demand periods and releasing it when demand peaks. This not only improves the economic viability of CHP systems but also enhances their capability to balance the grid, especially important as Germany continues to integrate more intermittent renewable energy sources like wind and solar power.
Moreover, the regulatory environment in Germany continues to evolve to support the Germany combined heat and power market expansion. The government's commitment to reducing greenhouse gas emissions and phasing out nuclear power by 2022 underscores the potential for expanded CHP deployment as a critical component of the country's energy strategy. The updated CHP laws and various incentives, such as feed-in tariffs and tax benefits, are pivotal in promoting CHP installations.
In the wake of the European Union's Green Deal and Germany's own climate targets for 2030 and beyond, the Germany combined heat and power market is expected to play a crucial role. There is an increased emphasis on sector coupling, where CHP's ability to provide quick and efficient heating solutions could be combined with the electrification of other sectors such as transportation and industry.
Market Segmentation
The Germany combined heat and power market can be divided based on type, fuel type, capacity, and end use.
Market Breakup by Type
- Gas Turbine
- Steam Turbine
- Reciprocating Engine
- Others
Market Breakup by Fuel Type
- Coal
- Natural Gas
- Renewables
- Others
Market Breakup by Capacity
- Up to 10 MW
- 10 to 150 MW
- 151 to 300 MW
- Above 300 MW
Market Breakup by End Use
- Industrial Sector
- Commercial and Transportation Sector
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Germany combined heat and power market. Some of the major players explored in the report by Expert Market Research are as follows:
- General Electric Company
- Caterpillar Inc.
- Siemens AG
- Mitsubishi Heavy Industries, Ltd.
- Robert Bosch GmbH
- Capstone Green Energy Corporation
- Wartsila Corporation
- 2G Energy AG
- FuelCell Energy, Inc.
- TEDOM A.S.
- Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Combined Heat and Power Market Overview
8.1 Key Industry Highlights
8.2 Global Combined Heat and Power Historical Market (2018-2023)
8.3 Global Combined Heat and Power Market Forecast (2024-2032)
8.4 Global Combined Heat and Power Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Germany Combined Heat and Power Market Overview
9.1 Key Industry Highlights
9.2 Germany Combined Heat and Power Historical Market (2018-2023)
9.3 Germany Combined Heat and Power Market Forecast (2024-2032)
10 Germany Combined Heat and Power Market by Type
10.1 Gas Turbine
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Steam Turbine
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Reciprocating Engine
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Germany Combined Heat and Power Market by Fuel Type
11.1 Coal
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Natural Gas
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Renewables
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Germany Combined Heat and Power Market by Capacity
12.1 Up to 10 MW
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 10 to 150 MW
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 151 to 300 MW
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Above 300 MW
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Germany Combined Heat and Power Market by End Use
13.1 Industrial Sector
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Commercial and Transportation Sector
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 General Electric Company
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Caterpillar Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Siemens AG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Mitsubishi Heavy Industries, Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Robert Bosch GmbH
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Capstone Green Energy Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Wartsila Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 2G Energy AG
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 FuelCell Energy, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 TEDOM A.S.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Combined Heat and Power Market: Key Industry Highlights, 2018 and 2032
2. Germany Combined Heat and Power Market: Key Industry Highlights, 2018 and 2032
3. Germany Combined Heat and Power Historical Market: Breakup by Type (USD Million), 2018-2023
4. Germany Combined Heat and Power Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Germany Combined Heat and Power Historical Market: Breakup by Fuel Type (USD Million), 2018-2023
6. Germany Combined Heat and Power Market Forecast: Breakup by Fuel Type (USD Million), 2024-2032
7. Germany Combined Heat and Power Historical Market: Breakup by Capacity (USD Million), 2018-2023
8. Germany Combined Heat and Power Market Forecast: Breakup by Capacity (USD Million), 2024-2032
9. Germany Combined Heat and Power Historical Market: Breakup by End Use (USD Million), 2018-2023
10. Germany Combined Heat and Power Market Forecast: Breakup by End Use (USD Million), 2024-2032
11. Germany Combined Heat and Power Market Structure
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security