Similar term(s): CHP, cogeneration.
Combined heat and power (CHP), also known as cogeneration, is the simultaneous production of electricity and heat from a single fuel source, such as: natural gas, biomass, biogas, coal, waste heat, or oil.
Source: U.S. EPA, Combined Heat and Power,
Basic information
Combined heat and power is highly efficient for both large-scale industrial and residential use.
Conventional power generation leads to energy losses in the form of surplus heat released to the environment. Combined heat and power generation technologies capture this heat and can harness as much as 80% of the total available energy from the fuel.
Source: GreenFacts
Integrated Gasification Combined Cycle (IGCC)