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Renovation and Modernization of Thermal Power Plants

  • September 2014
  • 21 pages
  • GlobalData
Report ID: 2370602

Summary

Table of Contents

Renovation and Modernization of Thermal Power Plants

Summary

Renovation and Modernization (R&M) refers to a set of activities intended to improve the performance and reliability of existing power-generation facilities, and is a cost-effective alternative to increasing the operational life of Thermal Power Plants (TPP). Through R&M, obsolete generation equipment undergoes technological upgrades to boost capacity and reduce emissions. It consists of a five-step process of identification, assessment, planning, execution and closure in order to plan, implement and monitor the entire procedure. The R&M cost per Megawatt (MW) amounts to $0.13-0.26m, depending on the age of plant, operational history, fuel type demand of the equipment to be replaced, and the cost of generation and technology.

Total cumulative installed thermal capacity in 2013 amounted to 3668.6 Gigawatt (GW), of which 1,825.4 GW came from coal. The capacity of coal power plants aged 25-60 years old that may require R&M is 678 GW, most of which is based in the US, India and China. The key companies involved in R&M activities globally include Bharat Heavy Electricals Limited (BHEL), Alstom, Siemens, Babcock Borsig Steinmüller (BBS) and Emerson Process Management (EPM). Shanghai Electric, Dongfang Electric Group and Harbin Power Equipment are the dominant Chinese equipment suppliers for R&M activities.

Scope

- Renovation and Modernization Process
- Renovation and Modernization :Potential countries,Cost and Investment
- Key players involved in conducting Renovation and Modernization Activities.

Reasons to buy

- Gain insights about Renovation and Modernization process and comparision of Renovation and Modernization Vs new thermal power plant construction.
- Identify the scope of R&M activities in top 10 coal dependent nations.
- Identify the cost and investment for R&M activities in the near future.

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