Combined Heat and Power (CHP) solutions represent a proven and effective near-term energy option to help the United States enhance energy efficiency, ensure environmental quality, promote economic growth, and foster a robust energy infrastructure. This report describes in detail the four key areas where CHP has proven its effectiveness and holds promise for the futureā€”as an: Environmental Solution (significantly reducing CO2 emissions through greater energy efficiency), Competitive Business Solution (increasing efficiency, reducing business costs, and creating green-collar jobs), Local Energy Solution (deployable throughout the United States), and Infrastructure Modernization Solution (relieving grid congestion and improving energy security).