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Combustion turbine power plant's capital expenditures in the U.S. 2020-2050

Capital costs of a gas combustion turbine in the United States are expected to fall to 834 U.S. dollars per kilowatt in 2050. Capital expenditure (CAPEX) of the power plant refers to the amount that needs to be spent to achieve commercial operation within that year. The costs of constructing a conventional combustion turbine are the lowest of all natural gas generation types and notably less than those of combined cycle plants or internal combustion engines.

Projected capital expenditure of a conventional natural gas combustion turbine power plant in the United States in 2020, 2030, and 2050

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Source

Release date

2020

Region

United States

Survey time period

2020

Supplementary notes

* All costs in 2018 U.S. dollars. Inflation assumption of 2.5 percent per year.

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