Rise in gas-fired power generation tracks gains in turbine efficiency
Paul J. Bautista
Abstract
Paul J. Bautista
Abstract
Natural gas-fueled gas turbines--in both simple and combined-cycle configurations--will account for most power generation capacity additions through 2000. It is widely agreed that gas turbines will remain the dominant form of technology for power generation for the next decade or two, making them the power generation technology of choice for today and the future. The pre-eminent stature of gas turbines can be attributed to their low capital costs, high efficiency, low emissions, short permitting and construction lead times, and proven reliability. The versatility of gas turbines also makes them unique among power generation technologies, as they can economically serve a wide spectrum of applications and sizes--from distributed generation to industrial cogeneration and central station generation. Three primary factors contribute to the growing interest in gas turbine-based power generation and the role gas turbines will play in the future power generation market: An optimistic outlook for the supply and price of natural gas; technology advances that have produced substantial improvements in efficiency and emissions; and emissions regulations that may favor the use of gas turbines over traditional fossil-fueled steam turbines. These three factors are discussed.
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Natural gas-fueled gas turbines--in both simple and combined-cycle configurations--will account for most power generation capacity additions through 2000. It is widely agreed that gas turbines will remain the dominant form of technology for power generation for the next decade or two, making them the power generation technology of choice for today and the future. The pre-eminent stature of gas turbines can be attributed to their low capital costs, high efficiency, low emissions, short permitting and construction lead times, and proven reliability. The versatility of gas turbines also makes them unique among power generation technologies, as they can economically serve a wide spectrum of applications and sizes--from distributed generation to industrial cogeneration and central station generation. Three primary factors contribute to the growing interest in gas turbine-based power generation and the role gas turbines will play in the future power generation market: An optimistic outlook for the supply and price of natural gas; technology advances that have produced substantial improvements in efficiency and emissions; and emissions regulations that may favor the use of gas turbines over traditional fossil-fueled steam turbines. These three factors are discussed.
Key concepts: Electricity generation, Natural gas, Combined cycle, Cogeneration, Fossil fuel, Capital cost, Natural gas prices, Gas turbines