There is a switch from coal-fired generation to gas turbine generators underway in many countries of the world. In addition, a number of gas-turbine peaking plants are being retrofitted with combined cycle systems. In major areas of the world more than 30 percent of turbine capacity is open (simple) cycle, which offers substantial opportunities for combined cycle upgrades. The capacity additions in 2015 will be equal to 4.3 percent of the installed base. However, the addition of steam generators along with investment to switch from infrequent to frequent use will raise total investment by 6 percent. Asia will be the leading region with a 7 percent increase. Gas Turbine Open Cycle Systems by Region… Click Here For Complete News Release Text
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