Economics and performance forecast of gas turbine combined cycle

Forecasts of the economics and performance of gas turbine combined cycle (GTCC) with various types of gas turbines will help power plant designers to select the best type of gas turbine for future Chinese powerplants. The cost and performance of various designs were estimated using the commercial software GT PRO. Improved GTCC output will increase the system efficiency which may induce total investment and will certainly increase the cumulative cash which then will induce the cost and the payback period. The relative annual fuel output increases almost in proportion to the relative GTCC output. China should select the gas turbine that provides the most economical output according to its specific conditions. The analysis shows that a GTCC power plant with a medium-sized 100 to 200MW output gas turbine is the most suitable for Chinese investors.