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Power-plant life extension

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  • Thomas, Steve

Abstract

In this paper we examine the rationale for increased interest in extending the life of a power-plant well beyond its design lifetime. In particular, we examine the technical, economic and regulatory factors that have radically altered the attractiveness of retaining old plant compared to building new plant. The experience of refurbishment in the U.S.A. and U.K. is reviewed and the major markets for the 1990s are identified. It is concluded that for utilities, refurbishment represents a useful increase in the range of generating options open to them. The impact on the heavy electrical industry is likely to be less favourable, leading to a need for reductions in capacity and a continuation of the trend towards mergers and international collaborations that has been a feature of the past 20 yr.

Suggested Citation

  • Thomas, Steve, 1988. "Power-plant life extension," Energy, Elsevier, vol. 13(10), pages 767-786.
    • Handle: RePEc:eee:energy:v:13:y:1988:i:10:p:767-786
    DOI: 10.1016/0360-5442(88)90060-6
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    Cited by:

    1. Rahi, O.P. & Chandel, A.K., 2015. "Refurbishment and uprating of hydro power plants—A literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 48(C), pages 726-737.

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