Multi-Energy Services for Buildings in China: Cost-Effectiveness Analysis and Market Potential Forecast

In rencent years, the Energy Internet technology advancement has greatly accelerated the integration of terminal energy systems, further promoting the development of multi-service services. Meanwhile, the national new urbanization strategy in China also creates broad market space for the supply of multi-energy services. Based on analysis on building energy consumption, this research conducts cost-effectiveness analysis on electric heating, natural gas cooling, heating and electricity triple supply, biomass cogeneration. Then this research forecasts the market potential of multi-energy services. It is estimated that the market potential of multi-services for buildings in China from 2019 to 2021 will be approximately 408.7 billion RMB yuan. As a pioneering research, this paper contributes the market potential forecast model, the cost-effectiveness analysis procedures as well as much "first-hand" data, which will inspire the related study in the future.