Coal and CCGT help support steam turbine market
The global trend towards the use of renewables is not denting the demand for older methods of power generation
Electricity supply industries worldwide are changing as concern over climate change increases and regulatory systems adapt to take account of climate concerns. However, the world market for power generation systems' hardiest equipment-large — scale steam turbines of over 120MW capacity — seems set to remain resilient over the medium term, industry officials and analysts say. They attribute this strength to continued development of coal-fired generation in the Asia-Pacific region and to an expected rebound in orders for combined-cycle gas turbine (CCGT) power stations. "Although there are drops in gas turbine orders, the market for steam turbines will remain significant, as turbines utilised
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