MHPS Model 501 / 701 Series

Forecast International PowerWeb Logo
PowerWeb - Forecast International's Energy Portal

About the Model 501 / 701:





The Mitsubishi Hitachi Power Systems (MHPS) Model 501 / 701 series industrial gas turbines are single shaft, axial-flow, heavy-combustion turbines whose current power output is in the range of 114 to 470 MW (in simple-cycle mode).



Application:

The sole application of models 501 and 701 is utility/industrial power generation, including combined-cycle and cogeneration duty (including IPP).



Sponsor:

The MHPS Model 501 / 701 series was privately developed by Westinghouse in conjunction with Mitsubishi and FiatAvio.



Status:

In production.



Total Produced:

By the first quarter of 2016, 482 MHPS Model 501 / 701 series gas turbines had been installed in 30 countries and territories worldwide.



Competition:

The MHPS Model 501 / 701 series faces competition from the General Electric MS9001 (Model 9000/Frame 9) and Siemens' SGT5-2000/3000/4000 series.



Outlook:

1) M501J and M701J gas turbines maintain strong market presence; 2) MHPS offers both gas and steam turbines for cogeneration installations; and 3) Steadily rising demand for generation capacity ensures firm future for both gas turbines.




Sources Used: Forecast International and Mitsubishi Hitachi Power Systems (MHPS).

Forecast International - Platinum Forecast System

The Platinum Forecast System® is a breakthrough in forecasting technology that enables you to select your own unique criteria to create distinct market segments. With Platinum, you can create customized assessments that quickly identify both risk and future opportunities. System types and platforms, currencies, world regions and more can all be input to collect the intelligence that you need, when you need it. Seize competitive advantage and discover what Platinum, the premier aerospace, defense, power systems and electronics market forecasting tool, can do for you. Click the image above for more information and a FREE demo.

Engine Type:

Heavy-duty, single shaft, axial-flow industrial gas turbine for 60 Hz (M501) and 50 Hz (M701) operation

Power Rating:

From 114 MW to 470 MW (single cycle)

Status:

In Production (M501D/F/G/J + M701D/F/G/J)

Manufacturer:

Mitsubishi Hitachi Power Systems (MHPS)

Price/Unit Cost:

$26-63 million depending on variant

MHPS Model M501G

Last Update: December 20, 2016.

By Forecast International /// Contact Forecast International

Engine Program

Gas Turbine Systems
Industrial and Marine Gas & Steam Turbine Forecast
Forecast International - Platinum Forecast System