This paper reports on the latest in a series of projects aiming at the qualification of new and proven materials in components under a severe service environment. In the initial stages of the project (HWT I & HWT II), a test loop at Unit 6 of the GKM Power Plant in Mannheim was used to study the behavior of components for advanced ultra-supercritical (A-USC) plants made from nickel alloys at 725 °C under both static and fluctuating conditions. Due to recent changes in the operation modes of existing coal-fired power plants, the test loop was modified to continue operating the existing nickel components in the static section while applying thermal cycles in a different temperature range. HR6W pipes and valves were added to the bypass of the static section, and all components in the cyclic section were replaced with P92, P93, and HR6W components. The test loop achieved approximately 9000 hours of operation and around 800 cycles with holding times of 4 and 6 hours. After dismantling the loop, nondestructive and destructive examinations of selected components were conducted. The accompanying testing program includes results from thermal fatigue, fatigue, thermal shock, and long-term creep tests, focusing on the behavior of base materials and welds, particularly for HR6W, P92, P93, and other nickel-based alloys. Additionally, test results on dissimilar welds between martensitic steel P92 and nickel alloys A617 and HR6W are presented. Numerical assessments using standardized and numerical lifetime estimation methods complement the investigations. This paper provides insights into the test loop design and operational challenges, material behavior, and lifetime, including advanced numerical simulations and operational experiences with valves, armatures, piping, and welds.