If you use the electricity to run a heat pump you can get a couple more Joules out of the gas. Ideally your gas-plant is also connected to a district heating network, so the 60% heat are not completely lost.

A thought occurs to me just now: Why not also use that 40-60% waste heat to drive district cooling during the hot season? There's the absorption refrigeration cycle[1], which requires only a a heat input to drive the cycle to pump heat from the cold side to the hot side. Is the difference between the coefficient of performance between the more common vapor-compression cycle and the absorption cycle such that it is more cost effective to use the generated electricity to pump heat out of conditioned spaces during the hot season?

1. https://en.wikipedia.org/wiki/Absorption_refrigerator

Both cycles are limited by the same fundamental value (the Carnot coefficient) so I don't think that it would be a huge difference between the two cycles. Rather, I suspect that there are not all that municipalities that have (or need) both district heating AND district cooling. I expect that in the future we'll see a lot more industrial use of waste heat from power plants though, and part of that might take the form of on-site absorption chillers.

Combined cycle power plants do use the waste heat:

https://en.wikipedia.org/wiki/Combined_cycle_power_plant

The modern gas power plants archive over 60% efficiency. It is with coal that one gets at best 45%.

In a post parallel to yours, lmm says that gas-powered plants are low efficiency. Can either of you supply some documentation or references for your respective positions?

I already posted to another sub thread, https://www.ge.com/gas-power/resources/articles/2016/power-p... - gas power plant with 62% efficiency.

The best coal plants can archive 47% efficiency, https://www.brighthubengineering.com/power-plants/72369-comp...

Wow, TIL! Thanks.

Gas-fired power plants are already known to be particularly low-efficiency. They're not representative of electricity production in general.

I wonder what kind of thermal electricity generation achieves efficiency above, say, 45%. Efficiency of thermal engines, even when you recycle the waste heat of the gas turbine exhaust with another cascade using a low-boiling substance and another turbine, is limited.

I only mentioned the gas-fired power station to make it an apples-to-apples comparison. It would be hard to compare e.g. to solar panels, even though direct hearing by concentrated sunlight might be feasible.

https://www.ge.com/gas-power/resources/articles/2016/power-p... is over 62% efficient.