What is the cost of new entry?
1. ‘fixed cost of new entry’ is the total annual net revenue per unit of de-rated capacity (net of variable costs) that a new capacity resource would need to receive over its economic lifetime in order to recover its capital costs and annual fixed costs; 2.
How does an LM6000 work?
The LM6000 provides 54,610 shp (40,720 kW) from either end of the low-pressure rotor system, which rotates at 3,600 rpm. This twin spool design with the low pressure turbine operating at 60 Hz, the dominant electrical frequency in North America, eliminates the need for a conventional power turbine.
What is net CONE?
CONE is the starting. point for estimating the Net Cost of New Entry (Net CONE). Net CONE represents the first-year. revenues that a new resource would need to earn in the capacity market, after netting out E&AS. margins from CONE.
What is the PJM capacity market?
PJM’s capacity market, called the Reliability Pricing Model, ensures long-term grid reliability by securing the appropriate amount of power supply resources needed to meet predicted energy demand in the future.
How much does an LM2500 cost?
General Electric LM2500
| Engine Type: | Twin-spool, axial-flow, 50/60 Hz industrial & marine gas turbine and gas generator |
|---|---|
| Power Rating: | From 23-37 MW (single cycle) |
| Status: | In Production (LM2500, LM2500+, LM2500+G4, TM2500) |
| Manufacturer: | General Electric Co. |
| Price/Unit Cost: | $11.4 million (LM2500+G4 for electrical gen.) |
How many stages does the LM6000 have?
The LM6000™ is comprised of a five-stage low-pressure compressor (LPC), a 14-stage high-pressure compressor (HPC), an annular combustor, a two-stage high-pressure turbine (HPT), and a fivestage low-pressure turbine (LPT).
What is heavy duty gas turbine?
Heavy-duty gas turbines are capable of burning a variety of liquid fuels, ranging from light petroleum distillates to heavy residuals. The combustion process of light distillates such as naphtha, kerosene, and No. 2 fuel oil is well understood and has been proven through millions of hours of operation.
What is capacity auction?
The annual Capacity Auction is one of the competitive procurement mechanisms included in the IESO’s Resource Adequacy Framework. The Capacity Auction serves as the short term balancing mechanism in the framework, securing the capacity needed to meet Ontario’s short-term resource adequacy needs.
How are capacity payments calculated?
The payment made is based on the awards relevant to the unit for the Capacity Period just past. The awarded capacity can be for the whole year (as in the case of the primary capacity auctions), in which case the payment would be for one month’s worth of that yearly product.
What type of fuel does a LM2500 use?
F-24376A type B fuel
The combustion system for the LM2500 engine was developed to operate with low-cost fuels meeting MID-F-24376A type B fuel.
What type of combustor is used by the GE LM2500 gas turbine engine?
singular annular combustor
The LM2500: Powerful and customizable With its dual fuel capability, including singular annular combustor (SAC) or GE’s latest dual fuel dry low emissions (DLE) technology, the LM2500 delivers performance with low emissions in a variety of situations and water availability scenarios.
What is gas turbine?
What is a gas turbine, and how does it work? A gas turbine is a combustion engine at the heart of a power plant that can convert natural gas or other liquid fuels to mechanical energy. This energy then drives a generator that produces the electrical energy that moves along power lines to homes and businesses.
How much does a GE gas turbine cost?
With regard to power generation installed costs, GE’s new turbines are within the $500 to $700 per kilowatt range, said DeLeonardo, while renewables are around $1,500 per kilowatt and nuclear can be $5,000 per kilowatt.
What is the LM6000 gas turbine?
The LM6000 is the most fuel-efficient simple-cycle gas turbine in its size class. It is a simple-cycle, two-shaft, high-performance gas turbine that is derived from GE’s CF6-80C2 high bypass turbofan aircraft engine. There are two models of the LM6000: The LM6000PC is a 46.1 MW machine, and the LM6000PG has an output of 52.7 MW.
How many units of LM6000 have been shipped?
A leader in the +40 MW space, the LM6000* has over 40 million operating hours and more than 1,300 units shipped. With over 40 million operating hours and more than 1,300 units shipped, GE’s LM6000 aeroderivative gas turbine is a leader in the +40 MW space.
What is the LM6000 PC rated power?
The GE LM6000 PC is rated to provide more than 43 MW with a thermal efficiency of around 42% LHV at ISO conditions. With options, this can be increased to around 50 MW rated power. Over 1000 LM6000 gas turbines shipped and over 21 million hours of operation. Applications include power generation for combined cycle or peak power.
How much power does a GE LM6000 provide?
The GE LM6000 PC is rated to provide more than 43 MW with a thermal efficiency of around 42% LHV at ISO conditions. With options, this can be increased to around 50 MW rated power. Over 1000 LM6000 gas turbines shipped and over 21 million hours of operation.