Gas turbines aim at world power market dominance

Rapid technology improvements, resulting in high efficiency, emissions reduction and low generation cost, are making gas turbines the generation technology of choice despite some recent reliability problems. The basic reason for the dominance is high efficiency. The rapid pace of gas-turbine technology improvement in the 1990s drove combined-cycle thermal efficiency to nearly 60 percent with natural gas as the fuel. It will probably go even higher after the year 2000. In addition, the gas-fired combined cycle is a bargain. With natural gas prices where they are right now, it is the least-cost generation operation for power producers with access to gas. Many will replace older, high-cost power plants with new gas-fired combined cycle power plants.