Cycle characteristics of closed gas turbines using supercritical carbon dioxide as a working fluid are investigated. It is found that an anomalous behavior of the physical properties of $CO2$ at the pseudocritical point may limit the heat exchange rate of a regenerative heat exchanger due to the presence of a pinch point inside the regenerative heat exchanger. Taking such a pinch problem into consideration, the cycle efficiency of the Brayton cycle is assessed. Its value is found to be limited to 39% degraded by 8% compared with the case without the pinch present inside. As an alternative, a part-flow cycle is investigated and its operable range has been identified. It is revealed that the part-flow cycle is effective to recover heat transfer capability and may achieve the cycle thermal efficiency of 45% under maximum operating conditions of 20 MPa and 800 K. Optimal combination of turbine expansion ratio and a part-flow ratio is 2.5 and 0.68, respectively. Parametric study is carried out. In neither compressor nor turbine, deteriorated adiabatic efficiency may affect cycle efficiency significantly. However, pressure drop characteristics of heat exchangers govern the cycle efficiency.

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