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Flexible Power Generation Technology - Offering Unique Operational Flexibility along with Optimum Combined Cycle Efficiency
GlobalData, Sep 2011, Pages: 8
Flexible Power Generation Technology - Offering Unique Operational Flexibility along with Optimum Combined Cycle Efficiency
Summary
Flexible power generation technology is about to bring about a revolution in the way power has traditionally been generated. The base-load power generation at present essentially consists of large, centralized facilities using coal, nuclear and hydropower plants along with combined cycle operations based power plants. Power generation from these large facilities is a process involving constant power dispatch as they have long ramp-up and ramp-down times that cannot be quickly adjusted to the fluctuations in demand. The fluctuations in demand are adjusted using reserve or peaking capacity based on smaller and less efficient generating units that are expensive to operate. Besides this, due to an increased penetration of renewable energy resources to meet the stringent emission standards there is a need for enhanced efficiency and operational flexibility to meet the fluctuating demand of power. Utilities are constantly looking for technologies that have the ability to effectively and profitably navigate the rising economical risks like fluctuating fuel prices and electricity prices in the liberalized power markets. In order to address the changing market dynamics, industry leaders had to develop innovative technology solutions offering unique operational flexibility for power plants with combined cycle operations.
Scope
- Market prospects of flexible power generation technology in the liberalized power markets
- Flexibe power plants offering enhanced operational flexibility and efficiency
- Operational flexibility providing improved economics to utilities
- Initiatives by indistry leaders towards the development of flexible generation technology solutions
Reasons to buy
- Identifying the key growth and investment opportunities with the adoption of flexible power generation technology solutions
- Gain insights on the growing need for operational flexibility and enhanced efficiency in liberalised power markets
- Developing strategies to develop and deploy flexible power plants for improved plant economics
- Facilitate decision-making based on upcoming industry developments with flexible power generation technology
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