Siemens 2006 Annual Report Download - page 52

Business Areas
Power
52
Power Generation (PG)
Urbanization, dwindling energy resources,
environmental pollution and climate
change are major challenges facing the
world today. Population growth – particu-
larly in developing and emerging coun-
tries – is boosting energy demand sub-
stantially. By 2020, electricity consumption
worldwide will have risen roughly 70 per-
cent. Energy efficiency and innovative
power plant technology will play a key
role in providing environmentally compat-
ible, climate-friendly, reliable and eco-
nomical power.
Meeting tomorrow’s electricity needs
will require a broad mix of energy sources
and technologies. We offer a comprehen-
sive portfolio of advanced power plant
technologies for electricity and heat gen-
eration. In addition to coal-fired and com-
bined cycle power plants, we also build
wind power systems. We’re a leader in the
development of high-temperature solid
oxide fuel cells (SOFCs). Via minority
stakes in AREVA NP and Voith Siemens
Hydro, we’re active in the nuclear and
hydroelectric power plant sectors. Our
service offerings include engineering,
construction, maintenance and plant
operation. We also supply power plant
instrumentation and control systems, tur-
bines, compressors and complete solu-
tions for industrial plants, particularly in
the oil and gas sector.
Shrinking reserves are driving up oil
prices. New sources of oil and gas are
often located in remote areas where con-
ditions are harsh and production is diffi-
cult. Liquefying and shipping natural gas
to consumer countries has become an
increasingly attractive alternative to
pipeline transport. By mid-2007, Siemens
will have completed the construction of a
new test center in Duisburg, Germany and
expanded its facilities for producing and
testing the large compressor trains need-
ed to equip the giant gas liquefication
plants currently planned. Coal is becom-
ing increasingly important as a power
plant fuel. As a result, more and more
high-efficiency steam power plants are
now under construction, and orders for
pilot IGCC installations – combined cycle
generating facilities with upstream gasifi-
cation – are also increasing. With our
acquisition of Sustec’s gasification tech-
nology, we’re ideally positioned to serve
this growing market.
www.siemens.com/powergeneration
PG develops and builds fossil
fuel power plants and pow-
er-generating components
as well as wind turbines, tur-
bines for use as mechanical
drives and compressors for
industrial applications.
Instrumentation and control
systems, fuel cell technology
and extensive services round
out the Group’s portfolio.
Highlights in fiscal 2006
• We developed the world’s largest and most
powerful gas turbine, which generates
enough power to supply a city of one million
people.
• Our acquisition of the Sustec Group’s tech-
nology and engineering activities augment-
ed our power plant business with coal gasifi-
cation products and solutions.
"We are proud that the plant is
the first in the Gulf to simultane-
ously achieve ISO certifications
for safety, quality and environ-
mental excellence.”
Dave Price, former Managing
Director of Abu Dhabi’s Shuweihat
facility, the most powerful elec-
tricity generation and seawater
desalination plant in the world