This work presents a simulation study on both energy and economics of power generation plants with inherent CO2 capture based on chemical looping combustion technologies. Combustion systems considered include a conventional chemical looping system and two extended three-reactor alternatives (exCLC and CLC3) for simultaneous hydrogen production. The power generation cycles include a combined cycle with steam injected gas turbines, a humid air turbine cycle and a simple steam cycle. Two oxygen carriers are considered in our study, iron and nickel. We further analyze the effect of the pressure reaction and the turbine inlet temperature on the plant efficiency. Results show that plant efficiencies as high as 54% are achieved by the chemical looping based systems with competitive costs. That value is well above the efficiency of 46% obtained by a conventional natural gas combined cycle system under the same conditions and simulation assumptions. (C) 2015 Elsevier Ltd. All rights reserved.