[en] The present paper analyzes the characteristics of MHD power plants, modification possibilities and the areas of their application. The analysis is based on the status of available power plants, including steam turbine and combined cycle steam-gas power plants. Conventional MHD power plants based on existing technical solutions and various novel schemes are discussed. Main directions to improve energy conversion efficiency are presented, as well as ways to modify MHD systems to reduce capital costs. The conclusion is drawn that MHD power plants could be competitive with most advanced power generation technologies. (authors)