The GT24/GT26 Story
Transcription
The GT24/GT26 Story
March 24, 2004 Mike Barrett Disclaimer This presentation is being supplied to you solely for your information and may not be reproduced, further distributed to any other person (whether within or outside your organisation) or published, in whole or in part, for any purpose. This presentation is not an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any jurisdiction, including the United States, in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registrations. Nothing contained in this document should be construed as a definitive statement regarding the Company’s financial condition or results of operations at or for the fiscal year ending on March 31, 2004 and the subsequent financial years. 2 Agenda l The GT24/GT26 Story l What is the experience with the mature fleet ? l What advantages are already demonstrated in the field? l What improvements are available today? l What do our customers say today? l Summary 3 The GT24/GT26 Story l A GT26 in combined cycle, produces enough power (400 MW) to provide energy for 500,000 people. l The turbine inlet temperature is 1280°C, close to the melting point of the blades which require advanced cooling methods. l The 120 ton shaft, with a diameter of more than 3 metres, rotates 50 times per second. Some facts about GT24/26 4 The GT24/GT26 Story Gas Turbine Steam Turbine Generator GT HRSG ST G Clutch Condenser GT24 Gas Turbine 5 A typical Single-Shaft Arrangement in Combined-Cycle Power Plant Output The GT24/GT26 Story Upgrade without temp increase LPT Row 2 Modification (cooling air and Temp reduction) Ongoing fleet upgrades Front runners Temperature reduced further Fleet 2000 Interim Operation Concept 2001 Stabilization 2003 2002 Field upgrades Upgrade Performance Test 2004 Ongoing fleet implementation Not to scale Recovery profile 6 The GT24/GT26 Story l 73 units in operation l Commercial negotiation : March 03 Feb 04 Settlements agreed or not needed 61 68 In negotiation 12 12 7 0 80 80 In litigation Total engines Update on commercial operation 7 The GT24/GT26 Story 73 Units in commercial operation 2 Units in commissioning (Milford, Senoko II) 1 Units in construction (Senoko II) 4 Units in suspension (Staythorpe) 80 Units Total GT24/GT26 Fleet Commercial Status 8 The GT24/GT26 Story (1) l The GT24/GT26 gas turbine fleet has now accumulated over 850 000 operating hours l Performance & Lifetime improvements deployed with positive results l 73 machines in operation with world class reliability and availability and best-in-class emissions levels l Commercial implications quantified & mitigation plans in place l The engines are supplying enough electricity to meet the needs of 20 million people in 17 countries world-wide. Where are we today? 9 The GT24/GT26 Story (2) l Cartagena CCPP in Spain (¼680 million) l Gas Natural, an existing GT26 customer l Turnkey combined-cycle power plant (1,200 MW) including three GT26 gas turbines and associated O&M contract We are regaining Customer Confidence 10 Agenda l The GT24/GT26 Story l What is the experience with the mature fleet ? l What advantages are already demonstrated in the field? l What improvements are available today? l What do our customers say today? l Summary 11 What is the experience with the mature fleet? l 73 units in commercial operation á + 3 units in hot commissioning (2x Milford, 1x Senoko II) á + 1 GT26 Gas Turbine Test Centre l Fleet Experience á á á á á Simple Cycle, Combined Cycle and Repowering Single Shaft and Multi Shaft From “Daily starts and stops” to “base load” operating plants Natural gas (also with high C2+), oil with online fuel switch-over Power Augmentation (Inlet cooling) Over 850’000 operating hours (leader >43’000), >24’000 starts,12 98+% GT reliability What is the experience with the mature fleet? Accumulating Experience with the GT24/GT26 fleet: 1200000 1’000’000 OH Cumulative Fleet Operating Hours 1100000 850’000 OH 1000000 GT24/GT26 Fleet accumulating at around 30’000 Operating Hours per month Operating Hours 900000 800000 700000 500’000 OH 600000 500000 400000 250’000 OH 300000 200000 1st GT26B 100000 0 Sep-95 Mrz-96 Sep-96 Mrz-97 Sep-97 Mrz-98 Sep-98 Mrz-99 Sep-99 Mrz-00 Sep-00 Mrz-01 Sep-01 Mrz-02 Sep-02 Mrz-03 Sep-03 Mrz-04 Approaching 1 Million Operating Hours 13 What is the experience with the mature fleet? RINGSEND GILBERT BURGIN AGAWAM MIDLOTHIAN ISLAND COGEN LAKE ROAD MILFORD BLACKSTONE BAYSIDE HAYS MIDLOTHIAN II BELLINGHAM LA PALOMA 1xGT24 2xGT24 1xKA24-1 4xKA24-1 1xKA24-1 3xKA24-1 2xKA24-1 2xKA24-1 1xKA24-1 4xKA24-1 2xKA24-1 2xKA24-1 4xKA24-1 MONTERREY MONTERREY III ROSARITO HERMOSILLO BESOS SAN ROQUE CASTEJON 1 xKA26-1 2xKA26-1 2xKA26-1 1xKA26-1 RDK4 1xKA26-2 1xKA26-1 1xKA26-1 1xKA26-2 4xKA26-1 1 xKA26 Gas Turbine Test Centre, 1xGT26 CHIBA MILL, 1xKA26-1 PORYONG 4 xKA24-2 TERMOBAHIA 1xKA24-1 HAI FU, 2xKA24-2 BOWIN 2xKA26-1 BANG BO 1xKA26-1 2xKA24-1 4xKA24-1 2xKA24-1 1xKA24-1 DOCK SUD TOCOPILLA 1xKA26-1 ROCKSAVAGE ENFIELD SHOREHAM CORYTON STAYTHORPE 1xKA26-2 SWANBANK 1xKA26-1 SENOKO 1xKA26 SENOKO II 2xKA26 TARANAKI 1 xKA26-1 14 Orders of 51 GT24, 29 GT26 and 1 GT26 in the test centre What is the experience with the mature fleet? How do they operate? San Roque 1 Besos 4 Besos 3 San Roque 2 Castejon 1 Source: Boletín Estadístico de Energía Eléctrica - October 2003, No. 65 Five GT26B gas turbines have the highest number of operating hours in Spain ! 15 Leading Performance Agenda l The GT24/GT26 Story l What is the experience with the mature fleet ? l What advantages are already demonstrated in the field? l What improvements are available today? l What do our customers say today? l Summary 16 What advantages are already demonstrated in the field? EV Combustor EV SEV = EnVironmental = Sequential EnVironmental SEV Combustor Compressor High Pressure Turbine Low Pressure Turbine 17 Main Components of GT24/GT26 Architecture What advantages are already demonstrated in the field? l Quick start-up times (45 minutes to full load) l Part load operation down to 40% load with high efficiency l Sequential combustion gives unique advantages á Low emissions <25 vppm and low pulsations á Constant exhaust temperature for optimal Combined Cycle layout 18 How do they operate? What advantages are already demonstrated in the field? SEV Burner l Advantages á á á á High Power Density (Output / kg inlet air), small frame, small parts Low Emissions on fuel gas and on fuel oil High part load efficiency Two degrees of freedom giving more combustion stability Why Sequential Combustion? 19 Agenda l The GT24/GT26 Story l What is the experience with the mature fleet ? l What advantages are already demonstrated in the field? l What improvements are available today? l What do our customers say today? l Summary 20 What improvements are available today? l Full Engine Validation l A Simple Cycle Power Station l Delivers more than 280 MW of power to the Swiss grid l Includes dual fuel and nonstandard gas capabilities l More than 2000 additional measuring points l Is used for the state-of-the-art testing which includes á functionality testing á protection test á rainbow tests á thermal paint tests á compressor surge GT26 Engine Test Facility at Birr 21 What improvements are available today? l Benefits & Impact l Open books in sharing gas turbine technologies of both parties including but not limited to: á design reports á guidelines, processes, á tools, á test results Hotter regions Cooler regions l Rolls Royce engines operate using: á high temperature technologies á advance aerodynamics á high strength/high temperature materials Rolls-Royce Cooperation 22 Agenda l The GT24/GT26 Story l What is the experience with the mature fleet ? l What advantages are already demonstrated in the field? l What improvements are available today? l What do our customers say today? l Summary 23 What our customers say today? CCPP TARANAKI "The Taranaki Plant has reached the goal of being the most reliable low cost, base load thermal generator in NZ; a direct result of the commitment and the willingness of the ALSTOM Staff to contribute and to "go the extra mile." Barrie Almond - Plant Manager – Taranaki Combined Cycle, 16 September 2003 l CCPP TARANAKI á 360 MW Power Plant in New Zealand á Owned by Contact Energy Ltd. á KA26-1 Single Shaft Power Train with 1 x GT26AB á Commercial operation since July 1998 Satisfied Customers 24 What our customers say today? CCPP Castejon "The Castejon plant is running at 99% and is totally reliable. If you ask me if there is anything to complain about, the answer is ‘no’.” Managing Director, Hydrocantabrico, 20 October 2003 l CCPP Castejon á 400 MW Power Plant in Spain á owned by HYDROCANTABRICO á KA26-1 Single Shaft with 1 x GT26B á Commercial operation since September 2002 Satisfied Customers 25 What our customers say today? CCPP Rocksavage "Dramatic improvement in how ALSTOM performs in the management of its very difficult technical and commercial issues. The organization has regained our confidence." Chuck Davis, Managing Director Intergen UK, 5 November 2003 l CCPP Rocksavage á 770 MW Power Plant in United Kingdom á owned by INTERGEN á KA26-2 Multi-Shaft with 2 x GT26AB á Commercial operation since July 1998 Satisfied Customers 26 Agenda l The GT24/GT26 Story l What is the experience with the mature fleet ? l What advantages are already demonstrated in the field? l What improvements are available today? l What do our customers say today? l Summary 27 Summary GT24/GT26 Concluding ... l Total of over 850,000 operating hours experience l Advantages of the GT24/GT26 seen in the field á Excellent part load efficiency down to 40% GT load á Very low emissions á Very low combined cycle start-up times l Rigorous Validation led to engine achieving >98% reliability l Performance of GT24B and GT26B with upgraded compressor confirmed in the field with customer acceptance l Continuous improvement program with partner Rolls-Royce l Satisfied Customers l Selling again a competitive product We are back ! 28 www.alstom.com