Thank you for the information, looked up what combined cycle meant, impressive.goatchze said:Combined cycle is a key differentiator for gas. Natural gas already has a lower CO2 level per BTU as compared to coal, but combined cycle effectively doubles the efficiency of the plant, reducing it further. Throw in how easy it is to remove mercury and sulfur from natural gas before combustion, natural gas combined cycle is attractive on both an economic and environmental level.Zobel said:
None of the major power companies are making coal plants any more. GE, Siemens, etc. have announced no new-build.
Renewables and gas turbines have a symbiotic relationship that targets coal. The cyclic nature of renewables matches well with the fast-start / fast-ramp capability of gas turbines to create and then shave ramp peak price events away from coal. Advanced combined cycle gas turbines are cheaper to build and operate than coal in the US.
Given the state of the market today, and the foreseeable future - regulatory, fuel price, technology, etc - coal is dead and not coming back.
Worth reading.
https://www.iea.org/reports/projected-costs-of-generating-electricity-2020
If you look at EIA's Annual Energy Outlook, they're projecting almost all new thermal builds to be natural gas combined cycle for the next 30 years.
COMBINED CYCLE POWER PLANT: HOW IT WORKS
Integrated Coal Gasification Combined Cycle (IGCC) Power Plants
Among the latter, under pretence of governing they have divided their nations into two classes, wolves and sheep.”
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787