Steam Turbines Adapt to the Changing Power-Generating Landscape

by Carter Palmer, Power Systems Specialist, Forecast International.

Steam Turbine Production at LMZ.

Steam turbines have been the cornerstone of electrical power production since the late 19th century. Found to be more efficient than reciprocating engines, the steam turbine helped usher in a modern age. Utilizing steam gives the turbine flexibility in the fuel used to produce that steam. Anything that can burn is basically a candidate; however, lately the fuels themselves have become questionable. Countries around the world have been struggling to mitigate the burning of potentially eco-unfriendly fuels to create energy. So what is to become of the highly efficient steam turbine? Continue reading

General Electric to Dominate Industrial Power Market

By Stuart Slade, Gas Turbine Systems Analyst, Forecast International.

Industrial & Marine Gas and Steam Turbines Market Share. Source: FI’s Platinum Forecast System

According to FI’s Platinum Forecast System, GE has clearly moved into the dominant world position in the production of industrial & marine gas and steam turbines.  As shown in the pie chart, GE Energy, with plants in Cincinnati (Ohio), Erie (Pennsylvania), Schenectady (New York), and Atlanta (Georgia), will capture 33.76 percent of the world market, valued at over $113.6 billion, during the 2017-2031 period.  In addition, subsidiaries in France, Italy, and Japan will contribute about 3 percent of production, bringing the overall share of GE up to almost 37 percent of the world market.   Continue reading