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CHP as a key enabler to achieve carbon neutrality by 2050

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!

 

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