NEWS RELEASE NOVEMBER 2016
Gas Turbine Owners Will Spend $1.3 Billion for Pumps Next Year
Gas turbine owners will spend $800 million for new pumps and $500 million for service and repair in 2017. This is the latest forecast in Pumps: World Markets and 59EI Gas Turbine and Combined Cycle Supplier Program.
The Americas and Asia will each spend more than Europe and Africa combined.
Pumps for GTCC plants are challenged by the rapid cycling required. Wind and solar are playing an increasing role in power generation but their operations are not constant. As a result, the GTCC plants are operated to balance the fluctuating contribution from the other sources. Flow accelerated corrosion and other problems are being addressed. Operators are being assisted in dealing with these problems in another McIlvaine service 59 D Gas Turbine and Reciprocating Engine Decisions.
This service includes webinars, white papers and LinkedIn discussions on pumps for both gas turbine and reciprocating engines. The goal of this service is to aid purchasers in making the lowest total cost of ownership decisions. It is free of charge to any turbine owner worldwide. Suppliers who subscribe have the opportunity to participate in the discussions.
The market forecasts are continually updated in the Pumps: World Markets. Biweekly updates in the supplier program alert the subscriber to new projects. A database of new projects by start-up date and details on all operating turbine plants provide information needed by the sales team. The LinkedIn groups in the decisions program provide the customer contact and insights for engineering and research.