How about a modified cycle - A Rankine cycle
To avoid transporting and compressing two-phase fluid, we can try to condense all fluid exiting from the turbine into saturated liquid before compressed it by a pump.
- when the saturated vapor enters the turbine, its temperature and pressure decrease and liquid droplets will form by condensation. These droplets can produce significant damages to the turbine blades due to corrosion and impact. One possible solution: superheating the vapor. It can also increase the thermal efficiency of the cycle.