Detailed Cost Analysis of Externally-Fired Combined Cycle
North AmericaOctober 22, 2020
As a follow-on work, K&M was engaged by US DOE to develop a detailed cost estimate for a 7 MW externally-fired combined cycle prototype power plant. All related costs for each individual contractor were researched and evaluated to demonstrate the true project cost distributed by major work packages and each responsible contractor for the site specific demonstration project. K&M’s review team, which included DuPont, Hague International, Allison Gas Turbine, and Babcock & Wilcox, provided critical documentation for this analysis. K&M determined that the total cost for the construction of this prototype project (in 1992 dollars) was estimated at $56.06 million, or $8,009/KW. This cost did not include several factors that could potentially increase the final price.