costs of constructing a steam turbine are the highest of all natural gas generation types, more than those of combined cycle plants or combustion engines.
Capital costs of a natural gas combustion turbine in the United States are expected to fall to 872 U.S. dollars per kilowatt by 2050. Capital expenditure (CAPEX) of a power plant refers to the amount that needs to be spent to achieve commercial operation within that year. The Forecast capital expenditure of a conventional natural gas combustion turbine power plant in the United States from 2023 to 2050 (in U.S. dollars per kilowatt)
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NREL. (December 11, 2023). Forecast capital expenditure of a conventional natural gas combustion turbine power plant in the United States from 2023 to 2050 (in U.S. dollars per kilowatt) [Graph]. In Statista. Retrieved May 06, 2024, from https://www.statista.com/statistics/243704/capital-costs-of-a-typical-us-gas-turbine-power-plant/
NREL. "Forecast capital expenditure of a conventional natural gas combustion turbine power plant in the United States from 2023 to 2050 (in U.S. dollars per kilowatt)." Chart. December 11, 2023. Statista. Accessed May 06, 2024. https://www.statista.com/statistics/243704/capital-costs-of-a-typical-us-gas-turbine-power-plant/
NREL. (2023). Forecast capital expenditure of a conventional natural gas combustion turbine power plant in the United States from 2023 to 2050 (in U.S. dollars per kilowatt). Statista. Statista Inc.. Accessed: May 06, 2024. https://www.statista.com/statistics/243704/capital-costs-of-a-typical-us-gas-turbine-power-plant/
NREL. "Forecast Capital Expenditure of a Conventional Natural Gas Combustion Turbine Power Plant in The United States from 2023 to 2050 (in U.S. Dollars per Kilowatt)." Statista, Statista Inc., 11 Dec 2023, https://www.statista.com/statistics/243704/capital-costs-of-a-typical-us-gas-turbine-power-plant/
NREL, Forecast capital expenditure of a conventional natural gas combustion turbine power plant in the United States from 2023 to 2050 (in U.S. dollars per kilowatt) Statista, https://www.statista.com/statistics/243704/capital-costs-of-a-typical-us-gas-turbine-power-plant/ (last visited May 06, 2024)
Forecast capital expenditure of a conventional natural gas combustion turbine power plant in the United States from 2023 to 2050 (in U.S. dollars per kilowatt) [Graph], NREL, December 11, 2023. [Online]. Available: https://www.statista.com/statistics/243704/capital-costs-of-a-typical-us-gas-turbine-power-plant/