Cogeneration(Combined Heat and Power or CHP) is the generation of electricity and other energy jointly, especially the utilization of the steam left over from electricity generation to produce heat. Cogeneration is a great way to increase the efficiency of your energy usage. For example a Microturbine-Powered CHP application can increase energy efficiency from 28% to 80% plus. Cogeneration is a great way to improve your energy efficiency and save money.