Economic analysis of a small combined cycle gas turbine power plant in the Italian electricity market

Author(s):  
Dominique Adolfo ◽  
Carlo Carcasci

Despite the availability of new alternative energy sources, growing worldwide energy demand and emissions targets lead power plants to work optimizing performances. In this new scenario in which renewable energies are increasingly taking the field, it is also important to produce energy at a low price. Moreover, the variability of the energy market price complicates the analysis. Comparison between the produced energy cost and the market price is necessary to get a return on investment. In this context, the paper investigates the implications of using a gas turbine in an energy system estimating the plant layout and the number of working hours that guarantees a better profit. The analysis focuses on the study of the start-up and shutdown operation mode to find the optimal solution strategy in the Italian electricity market.

Author(s):  
Jan Fabian Feldhoff ◽  
Carina Hofmann ◽  
Stefan Hübner ◽  
Jan Oliver Kammesheidt ◽  
Martin Kilbane ◽  
...  

It is broadly accepted that current energy systems should become more sustainable in both a global and local context. However, setting common goals and shared objectives and determining the appropriate means by which to get there is the subject of heavy debate. Therefore, the American Society of Mechanical Engineers (ASME) and the German Association of Engineers (VDI) initiated a joint project aimed at providing a young engineers’ perspective to the global energy conversation. The young engineer project teams set a common goal of assembling a completely sustainable energy system for the U.S. and Germany by 2050. This includes not only the electricity market, but the overall energy system. Based on the current global energy paradigm, a completely sustainable energy system seems very ambitious. However, multiple analyses show that this path is possible and would in the medium to long run not only be desirable, but also competitive in the market. This future ‘energy puzzle’ consists of many important pieces, and the overall picture must be shaped by an overarching strategy of sustainability. Besides the many detailed pieces, four main critical issues must be addressed by engineers, politicians and everybody else alike. These challenges are: i) Rational use of energy: This uncomfortable topic is rather unappealing to communicate, but is a key issue to reduce energy demand and to meet the potentials of renewable energy carriers. ii) Balancing of electricity demand and generation: This is a challenge to the electricity markets and infrastructures that are currently designed for base-load, mainly fossil power plants. The overall mix of renewable energy generation, storage technologies, grid infrastructure, and power electronics will decide how efficient and reliable a future energy system will be. iii) Cost efficiency and competitiveness: It is a prerequisite for industrialized countries to stay competitive and to establish RE in the market. Developing economic technologies while at the same time establishing a strong RE market is the secret of success. iv) Acceptance of the system and its consequences: The best energy strategy cannot be realized without broad public acceptance for it. Therefore, the understanding of the energy technologies and an objective discussion must be promoted — without old fashioned emotionalizing of certain risks. The paper will present details on the four mentioned aspects, compare the situations between the U.S. and Germany, and propose solutions for appropriate political frame conditions to achieve a sustainable energy system.


2020 ◽  
Vol 5 (12) ◽  
pp. 39-45
Author(s):  
Basharat Salim ◽  
Jamal Orfi ◽  
Shaker Saeed Alaqel

The proper utilization of all the available forms of energy resources has become imminent to meet the power requirement and energy demand in both the developed and developing countries of the world. Even though the emphasis is given to the renewable resources in most parts of the world, but fossil fuels will still remain the main resources of energy as these can meet both normal and peak demands. Saudi Arab has number of power plant based on natural gas and fuel that are spread in all its regions. These power plants have aeroderivative gas turbine units supplied by General Electric Company as main power producing units. These units work on dual fuel systems. These units work as simple gas turbine units to meat peak demands and as part of combined cycle otherwise. The subject matter of this study is the performance of one of the units of a power plant situated near Riyadh city of Saudi Arab. This unit also works both as simple gas turbine unit and as a part of combined cycle power plant unit. A parametric based performance evaluation of the unit has been carried out to study both energetic and exergetic performance of the unit for both simple and combined cycle operation. Effect of compressor inlet temperature, turbine inlet temperature, pressure ratio of the compressor, the stage from which bleed off air have been taken and percentage of bleed off air from the compressor on the energetic and exergetic performance of the unit have been studied. The study reveals that all these parameters effect the performance of the unit in both modes of operation.


Author(s):  
Roberto Carapellucci ◽  
Lorena Giordano

Repowering existing power plants represents a potential route to meet the increasing energy demand, in a context of more and more stringent environmental regulations, hindering the construction of new facilities. Conventionally, repowering is operated into existing steam power plants, thus allowing to increase the design capacity to such an extent that depends on the type of strategy to exploit the waste heat from the additional gas turbine. In this study a new repowering concept is proposed. It involves the integration of an additional unit based on a gas turbine into an existing combined cycle gas turbine (CCGT). Based on this concept, two repowering options are examined. In the first one (Option A), the waste heat from gas turbine flue gases is used to produce steam in a one pressure level steam generator. In the second option (Option B), the exhaust waste heat recovery promotes the generation of a synthesis gas in a methane steam reformer. The integration of the additional unit is operated by the injection of superheated steam (Option A) and the reformed fuel (Option B) into the combustor of the main power plant, thus allowing for a further increase in power output of both topping and bottoming cycles. The simulation study allows to compare the repowering options with respect to the potential increase of power capacity, as well as in terms of energy marginal performance parameters.


2018 ◽  
Vol 3 (7) ◽  
pp. 50
Author(s):  
Anthony Kpegele Le-ol ◽  
Sidum Adumene ◽  
Kenneth Israel

This work presents a comparative analysis of the thermo-economic performance of a simple, retrofitted and built-in combined cycle power plants within the Delta. The data were obtained from a 25MW gas turbine plant-based engine, retrofitted and MATLAB software was used to model the thermodynamic performance of the plants. The economic prediction of the plants was done using a developed net present value(NPV), internal rate of return (IRR), cost of investment (COR) and payback period (PBP).  The economic concept for plants performance was analysed under uncertainty constraints of energy need, operating conditions, energy cost and energy supply variability. Three plants configuration; simple gas turbine (SGT), retrofitted combined cycle (RCC) and Built-in combined cycle (BCC) was analysed based on these economic performance indicators. The three configurations show a positive NPV, PBP and IRR, with the BCC showing the optimum return on investment. Although the RCC show minimum initial cost on investment compare to BCC, the BCC demonstrates greater overall return with an NPV of $30,755,454.18, IRR of 17.1% and PBP of 6.3years for the period of 20years. The analysis shows cash flow of 34.1% and 52.6% for the RCC and BCC respectively. The result also showed that the plant performs better at a lower ambient temperature and higher relative humidity with a higher return on investment. This research provides great insight into the thermo-economic analysis, and benefits of combined cycle power plant and will aid energy system investors on the choice of the power plant for power generation in the Niger Delta.


Author(s):  
A. Z. Abass ◽  
D. A. Pavlyuchenko ◽  
A. M. Balabanov ◽  
V. M. Less

At high ambient temperatures, the performance of gas turbine power plants drops significantly. Technical solutions of compensation for losses associated with the constant injection of water into the air intake of a gas turbine. This approach is not acceptable in regions with limited fresh water reserves. Radical solutions are required to reduce the cost of generated energy. Integrated Combined Solar Cycle (ISCCS) technology has proven itself on many projects. The addition of a combined cycle gas cycle with solar energy can significantly increase the overall efficiency of the power plant. Despite the increase in costs during the construction of its solar part, the total cost of operating solar collectors is several times less than a turbine installation. Given the global trend to fight carbon emissions, switching to a hybrid scheme is economically attractive. Trading in carbon credits for CO2 emissions will significantly reduce the payback period for the construction of gas turbine modernization under the ISCCS scheme. This paper presents an option to modernize a gas turbine power plant in the city of Basra (Iraq), using the advantages of solar radiation and recycling of combustion products from gas turbines. It is proposed to equip the existing 200 MW gas turbine plant with two steam turbine units with a capacity of 75 and 65 MW, working in conjunction with solar collectors producing low pressure water vapor. Due to modernization, the efficiency of the power plant should increase from 38% to 55%. The revision of the schematic and technical solutions of Iraq power plants will allow producing sufficient energy for the region.


2003 ◽  
Vol 23 (17) ◽  
pp. 2169-2182 ◽  
Author(s):  
Manuel Valdés ◽  
Ma Dolores Durán ◽  
Antonio Rovira

2000 ◽  
Vol 124 (1) ◽  
pp. 89-95 ◽  
Author(s):  
G. Lozza ◽  
P. Chiesa

This paper discusses novel schemes of combined cycle, where natural gas is chemically treated to remove carbon, rather than being directly used as fuel. Carbon conversion to CO2 is achieved before gas turbine combustion. The first part of the paper discussed plant configurations based on natural gas partial oxidation to produce carbon monoxide, converted to carbon dioxide by shift reaction and therefore separated from the fuel gas. The second part will address methane reforming as a starting reaction to achieve the same goal. Plant configuration and performance differs from the previous case because reforming is endothermic and requires high temperature heat and low operating pressure to obtain an elevated carbon conversion. The performance estimation shows that the reformer configuration has a lower efficiency and power output than the systems addressed in Part I. To improve the results, a reheat gas turbine can be used, with different characteristics from commercial machines. The thermodynamic efficiency of the systems of the two papers is compared by an exergetic analysis. The economic performance of natural gas fired power plants including CO2 sequestration is therefore addressed, finding a superiority of the partial oxidation system with chemical absorption. The additional cost of the kWh, due to the ability of CO2 capturing, can be estimated at about 13–14 mill$/kWh.


2015 ◽  
Vol 5 (2) ◽  
pp. 89
Author(s):  
Munzer S. Y. Ebaid ◽  
Qusai Z. Al-hamdan

<p class="1Body">Several modifications have been made to the simple gas turbine cycle in order to increase its thermal efficiency but within the thermal and mechanical stress constrain, the efficiency still ranges between 38 and 42%. The concept of using combined cycle power or CPP plant would be more attractive in hot countries than the combined heat and power or CHP plant. The current work deals with the performance of different configurations of the gas turbine engine operating as a part of the combined cycle power plant. The results showed that the maximum CPP cycle efficiency would be at a point for which the gas turbine cycle would have neither its maximum efficiency nor its maximum specific work output. It has been shown that supplementary heating or gas turbine reheating would decrease the CPP cycle efficiency; hence, it could only be justified at low gas turbine inlet temperatures. Also it has been shown that although gas turbine intercooling would enhance the performance of the gas turbine cycle, it would have only a slight effect on the CPP cycle performance.</p>


Author(s):  
Akber Pasha

In recent years the combined cycle has become a very attractive power plant arrangement because of its high cycle efficiency, short order-to-on-line time and flexibility in the sizing when compared to conventional steam power plants. However, optimization of the cycle and selection of combined cycle equipment has become more complex because the three major components, Gas Turbine, Heat Recovery Steam Generator and Steam Turbine, are often designed and built by different manufacturers. Heat Recovery Steam Generators are classified into two major categories — 1) Natural Circulation and 2) Forced Circulation. Both circulation designs have certain advantages, disadvantages and limitations. This paper analyzes various factors including; availability, start-up, gas turbine exhaust conditions, reliability, space requirements, etc., which are affected by the type of circulation and which in turn affect the design, price and performance of the Heat Recovery Steam Generator. Modern trends around the world are discussed and conclusions are drawn as to the best type of circulation for a Heat Recovery Steam Generator for combined cycle application.


2014 ◽  
Vol 35 (4) ◽  
pp. 83-95 ◽  
Author(s):  
Daniel Czaja ◽  
Tadeusz Chmielnak ◽  
Sebastian Lepszy

Abstract A thermodynamic and economic analysis of a GT10 gas turbine integrated with the air bottoming cycle is presented. The results are compared to commercially available combined cycle power plants based on the same gas turbine. The systems under analysis have a better chance of competing with steam bottoming cycle configurations in a small range of the power output capacity. The aim of the calculations is to determine the final cost of electricity generated by the gas turbine air bottoming cycle based on a 25 MW GT10 gas turbine with the exhaust gas mass flow rate of about 80 kg/s. The article shows the results of thermodynamic optimization of the selection of the technological structure of gas turbine air bottoming cycle and of a comparative economic analysis. Quantities are determined that have a decisive impact on the considered units profitability and competitiveness compared to the popular technology based on the steam bottoming cycle. The ultimate quantity that can be compared in the calculations is the cost of 1 MWh of electricity. It should be noted that the systems analyzed herein are power plants where electricity is the only generated product. The performed calculations do not take account of any other (potential) revenues from the sale of energy origin certificates. Keywords: Gas turbine air bottoming cycle, Air bottoming cycle, Gas turbine, GT10


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