Combined Heat and Power (CHP) technologies provide a cost-effective way to decarbonise power and heat. It also provides security of supply.
However, the penetration of CHP varies across Europe.
CHP plant are bespoke. They range from micro-CHP to very large heat and power generation assets. The potential remains high, particularly where the fuel source for CHP is renewable. However, a critical challenge for new CHP plant is how to structure the commercial contracts and physical operation to maximise earnings across a multiplicity of potential revenues.
We work with developers and operators of a wide range of assets across Europe that supply different end users. Our recent work includes transaction advisory for large refineries in the UK, analysis of offtake contracts for a chemical works in Poland, modelling district heating schemes in the Netherlands, and regulatory advisory for a small industrial process in Ireland.