Improving Power Plant Energy Efficiency

28 Jan 2021

Thermal power plants are heavily affected by downward revisions in electricity demand, and its use in industry is tempered by lower economic activity. Coal phase-out policies, the rise of renewables, and competition from natural gas lead to part-load operating and the retirement of 275 gigawatts of coal-fired capacity worldwide by 2025 (13% of the total). To limit global warming to 1.5°C above pre-industrial levels, the world would need to transform in several complex and connected ways. The ever-growing cost of fuel reduction in heat rate and auxiliary power consumption of existing power plants will lead to better resource utilization and reduced emissions.

Thermal power plants
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