“Increasing Adoption of Advanced Technologies such as Organic Rankine Cycle (ORC) and Thermoelectric Generators”
- The global electricity and steam generation waste heat recovery systems market is experiencing a significant trend toward the integration of advanced technologies such as Organic Rankine Cycle (ORC) systems and thermoelectric generators (TEGs)
- These technologies enable efficient recovery of waste heat from industrial processes, converting it into usable electricity or steam, thereby improving energy efficiency
- ORC systems are particularly gaining traction in industries with low to medium-temperature waste heat sources, such as food and beverage, pulp and paper, and chemical manufacturing, due to their ability to generate power from lower temperature ranges
- For instance, companies are deploying ORC systems to capture waste heat from cement kilns or refinery exhausts to produce clean electricity, reducing reliance on fossil fuels
- TEGs are being explored for their potential to convert waste heat directly into electricity, particularly in high-temperature applications such as steel and glass manufacturing
- This trend enhances the appeal of waste heat recovery systems by offering cost-effective and sustainable solutions for energy-intensive industries
