If you are looking for the AVERAGE COST to build a gas turbine plant: it’s $820/KW according the the latest EIA data, far less than Solar PV, wind farms, and Battery Energy Storage Systems. (See Chart 1)
Need details, not averages?
If you need to know the estimated price per KW of different industrial gas turbines (ranging from 1MW power output to over 550MWs), or the costs to buildout a gas power plant: read more.
Gas Turbine World has been publishing it’s annual Handbook edition for 39 years. It’s been called “the bible” of the industry.
Included in each Gas Turbine Handbook are estimated gas turbine price per KW for GE Vernova gas turbines, as well as gas turbines from Siemens Energy, Mitsubishi Power, Solar Turbines, Kawaski Power, Baker Hughes…and others. Separate tables offer Simple Cycle costs per KW, Combined Cycle estimated Plant prices, and Mechanical Drive prices. To calculate gas plant ROI, use this handy worksheet together with your copy of the annual Handbook.
The Handbook also offers 4 Capital Cost Studies, itemizing EPC costs, Owners’ Costs, cost of interconnections (Natural Gas pipeline, transmission line) — for the following plant types: Simple Cycle Aero Plant, Simple Cycle Frame Plant, Multi-Shaft Combined Cycle plant, and a Single-Shaft Combined Cycle plant.
Finished with the pricing section? Time to reasearch gas turbines. The Gas Turbine World Handbook offers gas turbine Specs data for every model you’ll need to know over 1MW power output, in convenient tables allowing you to compare different models and model types (Aeros, Industrial, and Heavy Frame). Updated gas turbine Specs are collected from gas turbine OEMs every 6 months.
It’s the #1 Gas Turbine Hanbook in the world for all of these reasons! TO ORDER YOUR COPY! CLICK HERE
Subscriber testimonials:
“It’s the bible of the industry.”
“The only gas turbine reference guide you’ll ever need…until next year’s comes out.”
“I’ve used the Gas Turbine World Handbook for 19 years to benchmark prices.”
“The gas turbine handbook 2024 contains a lot of useful information and serves as a valuable guide for early project planning.”
“Kind of embarrased to say, it’s my favorite magazine. (Does that make me a Geek?) Thanks, you guys do a great job!”
