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Boston, MA -- (SBWire) -- 05/13/2013 --Flexibility and Efficiency Needs Drive Improvements in CCGT Technology

Summary

Increasing flexibility and efficiency needs have paved the way for the adoption of Combined Cycle Gas Turbine (CCGT) technology in the global power market. Temperature conditions that the gas turbine is exposed to plays a vital role in stimulating efficiency. Increasing the temperature of combustion gases before they reach the turbine increases the net power plant capacity, while providing economic benefits such as reduced fuel requirements. On the other hand, increasing the flexibility of modern power plants through the implementation of CCGT technology provides them with the ability to utilize hourly and seasonal market arbitrage and enables them to participate in ancillary energy markets. Operational flexibility is attained through additional features and modifications of systems that facilitate quick plant start-ups such as using fuels that attain quick combustion temperature. CCGT plants using natural gas as the base resource can quickly start up and also adjust their power output rapidly, making them an ideal partner for intermittent renewable power generation, thereby leading to enhanced flexibility and efficiency of the power plant.

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Scope

- Market prospects of Combined Cycle Power Plants with technological improvements
- Combined cycle power plants leading to enhanced operational flexibility and efficiency
- Operational flexibility of CCGT technology providing improved economics to utilities
- Initiatives by industry leaders towards the development of flexible power generation technology solutions

Reasons to Get This Report

- Identifying the key growth and investment opportunities with the adoption of CCGT technology
- Gain insights on the growing need for operational flexibility and enhanced efficiency in the power sector
- Developing strategies to develop and deploy flexible power plants for improved plant economics
- Facilitate decision-making based on upcoming industry developments with flexible CCGT technology

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