The
present global district heating and cooling (DHC) systems market has
evolved rapidly and has attained a lot of demand in the past few
years. DHC systems help in the production of steam, hot water,
chilled water, and cool and hot air at a central site. After this, it
is transferred with the help of underground tubes and pipes to each
building in a particular district. This entire process is considered
to be quite reliable as well as energy-efficient. DHC technology is
known to be a versatile technology, as it is able to utilize a large
number of fuel sources. These various fuel sources utilized in DHC
systems comprise energy sources that are renewable, namely
geothermal, natural, and biomass sources.
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DHC
Systems Facilitate Cost Efficiency and Pollution Control
By
utilizing DHC systems, benefits such as cost efficiency, pollution
control, and stability of supply can be achieved. Owing to these
advantages related to DHC systems, the overall market for DHC systems
is poised to expand in the forthcoming years. Additionally, the rise
in consumer awareness and new technological advancements are
predicted to stimulate the market for DHC systems. On the other
hand, absence of government support and reduced system maintenance
may impede the growth of the DHC systems market. On the basis of
application, the market for DHC systems is segmented into the
commercial, industrial, and residential application segments.
CHP
Technology Utilized by DHC Systems for Producing Steam and
Hot/Chilled Water
DHC
systems utilize combined heat and power (CHP) or technologies of
cogeneration for the production of chilled and hot water, and steam.
CHP is the simultaneous heat and electricity production out of a
single fuel source. CHP technology is an interlinked and
interdependent technology utilized for producing cooling and heating
services via the inter-system linkage. The cooling service that is
transferred to houses releases waste heat, which is further processed
for providing heating services to more homes. This entire interlinked
system helps in reducing the cost and usage of additional energy
resources. These factors help in limiting the amount of pollutants
released into the environment and thus also limit the effect of
greenhouse gases.
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China
DHC Systems Market Surfaces as One of the Prime Regional Markets
On
the basis of geography, the global DHC systems market is segmented
into Europe, North America, Asia Pacific, Latin America, and the
Middle East and Africa, several countries in which have emerged as
large markets for DHC systems. There are a large number of
installations of DHC systems observed in countries such as Denmark,
Sweden, Finland, Russia, and Austria. In Russia alone, over 60,000
DHC systems have been established. In addition, other European
countries along with Russia have also emerged as some of the biggest
exporters of DHC systems. On the other hand, China is presently
considered to be one of the prime markets for DHC systems in the
region of Asia Pacific and in the global hierarchy.
FVB
Energy Inc., COWI A/S, Helen Ltd., VEKS - Vestegnens
Kraftvarmeselskab I/S, NRG Energy Inc., Vital Energi Ltd., Korea
District Heating Corporation (KDHC), and Xylem Inc. are amongst the
key players in the global DHC systems market.
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