Available and Future Gas Turbine Power Augmentation Technologies: Techno-Economic Analysis in Selected Climatic Conditions

Abstract

There exists a widespread interest in the application of gas turbine power augmentation technologies in both electric power generation and mechanical drive markets, attributable to deregulation in the power generation sector, significant loss in power generation capacity combined with increased electric rates during peak demand period, and need for a proper selection of the gas turbine in a given application. In this study, detailed thermo-economic analyses of various power augmentation technologies, implemented on a selected gas turbine, have been performed to identify the best techno-economic solution depending on the selected climatic conditions. The presented results show that various power augmentation technologies examined have different payback periods. Such a techno-economic analysis is necessary for proper selection of a power augmentation technology.