UAE Cogeneration Equipment Market to be dominated by Natural Gas till 2027
Growing energy requirements and rapid urbanization and industrialization are expected to drive the demand for the UAE cogeneration equipment market over the forecast period, 2023-2027. According to TechSci Research report, “ UAE Cogeneration Equipment Market By Fuel Type (Natural Gas, Biogas, Coal, Diesel and Others), By Capacity (Up to 30MW, 31MW to 50MW, Above 50MW), By Technology (Steam Turbine, Gas Turbine, Combined Cycle Gas Turbine and Reciprocating Engine), By Application (Commercial, Industrial and Residential), By Region, Competition Forecast & Opportunities, 2027 ” , the UAE cogeneration equipment market is expected to witness robust growth in the forecast period, 2023-2027. Cogeneration is also known as combined heat and power and utilizes energy in two different forms simultaneously and combines thermal energy and mechanical energy in a cost-effective and environment-friendly way. The equipment used in the cogeneration system, including compressor, mot...