Micro CHP heaters
The GREEN TURBINEtm can be used in the market for small CHP applications e.g. domestic CHP. Another application is the small combined cycle market, the turbine can be used here as second stage after a micro gas turbine, fuel cell or even an internal combustion engine.
Total market volume for central heating in The Netherlands is 400.000 units/year. For the UK and Germany the numbers are 1 mln and 1,5 mln respectively. For the US total market volume for HVAC is about 6 mln/year. The market share for CHP units will depend strongly upon the price of these units and the possible savings on electricity for users of these units.
Savings on electricity for users in The Netherlands are estimated to average Euro 300 (prices for 2009). However, prices of electricity are sure to go up on a yearly basis. The payback time of a Micro CHP heater will be less than five years.
At this moment (2009) existing CHP units have a much higher price tag: Euro 10.000 - Euro 20.000. The HVAC- industry faces a challenge of manufacturing a competitively priced CHP unit.GREEN TURBINEtm offers the technology to achieve this.