This article is based on a GCiS multi-client report: China Power Cogeneration (CHP) Market Research Report.
As the world's leading energy consumer, and facing deteriorating environmental conditions, China plans a massive promotion of alternative energy over fossil fuel dependence in its newest five-year plan. At the end of 2015, alternative energy, including solar, wind, biofuel, and hydro energy, is expected to account for 30% of total generation capacity. But while attention has been focused towards new energy sources, cogeneration, a traditional yet more technically mature way of energy saving, is being neglected. In contrast with new energy, where efficiency and scalability are major obstacles to profit, significant efficiency gains at existing fossil fuel power plants can be obtained through cogeneration.