The European Green Deal aims at achieving carbon neutrality by 2050. This should be done through higher ambition on renewable energy, energy efficiency and system integration. Artelys, a renowned consulting group specialised in optimisation, decision support and modelling, has recently published a study considering CHP as a key enabler in achieving the 2050 target. According to the study, the cost-effective potential of CHP could maximise energy efficiency and integration of European energy system at significantly lower costs.
The study “Towards an efficient, integrated and cost-effective net-zero energy system in 2050: the role of cogeneration” was commissioned by COGEN Europe and actively supported by 26 industry entities covering the entire energy value chain.
The study highlights the cost-effectiveness of CHP which should represent a key solution in our future highly renewable, electrified and net-zero emissions energy system. The deployment of the CHP technology would also significantly contribute to the efficient and successful use of biofuels. The comprehensive study estimates that around €4.1-€8.2 billion could be saved and 4-5MtCO2 emissions avoided annually if the CHP is optimised as part of integrated energy systems. It is also outlined that there is a cost-effective potential of 40 GW of cogeneration capacity which could be installed by 2050.
Follow this link to find out more about the study!