Supercritical power plants were in service from the late fifties. But the technology did not really take off due to problems of reliability especially from the metallurgical aspect.
The single most important factor that determines the use of higher and higher pressure and temperatures are the availability of materials to withstand these conditions. Increases in operating pressure and temperatures have to go hand in hand with developments in metallurgy.
With more than 600 units in service the reliability issue seems to be resolved. Supercritical units are the standard for future power plants in many countries including China.
What are the key differences between the subcritical units and the Supercritical units?