There are many facets that must be considered when developing a
new power plant. Is fuel readily available? Can the transmission
system get the power to market? Are there adequate water resources
in the vicinity? Can the air permits be readily attained? What are
the projected power prices in this region? Will the project receive
financing? These, and many other considerations must be taken into
account before the decision to start construction is rendered.
However, nothing seems more important in this final decision
than the project economics. It is the driving force that separates
the viable projects from the ones that end up only as aspirations.
It is the economics that provide the lending institutions with
the incentive to provide loans. And in the end, it is the economics
that provides the owner with a competitive advantage and a healthy
revenue stream. And economics are the backbone of the NovelEdge™
Technology advantage.
Whether it's providing more power at only a small incremental
cost, or reducing the complement of equipment at your combined
cycle facility, NovelEdge™
Technology provides superior economics as compared to even the
best conventional combined cycle facilities.
Below find several examples of the NovelEdge™
Technology advantage. The first example is the comparison of a
conventional 3-on-1 combined cycle supplemental fired to 900 MW,
versus a 2-on-1 NovelEdge™
Technology facility with the same rating of 900 MW. This data
is shown here for viewing purposes, but is also available for
download.
The second example compares a conventional combined cycle plant
with 2 blocks of 2-on-1 and supplemental firing. The rating for
this plant is 1200 MW. The NovelEdge™
Technology facility offers the same 1200 MW output, only it utilizes
a 3-on-1 arrangement.
The third example compares the revenue increase and associated
economics for our 765 MW 2-on-1 facility to a conventional combined
cycle plant with a 2-on-1 arrangement rated at 600 MW.
The fourth comparison examines the repowering of an existing
500 MW steam plant that has a transmission limit of 800 MW. Conventional
combined cycle technology requires 3 GT's, and repowers only 300
MW from the existing steam turbine. With NovelEdge™
Technology, only 2 GT's are required and the existing steam turbine
produces 460 MW.
Comparison I
900 MW NovelEdge™ 2-on-1 versus 900 MW Conventional 3-on-1
Comparison II
1200 MW NovelEdge™ 3-on-1 versus 1200 MW Conventional 2 Blocks of 2-on-1
Comparison III
760 MW NovelEdge™ 2-on-1 versus 600 MW Conventional 2-on-1
Comparison IV
Repowering Application
800 MW NovelEdge™ 2-on-1 versus 800 MW Conventional 3-on-1
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