Siemens 2008 Annual Report Download - page 54

48 Products and solutions – Energy Sector
Efcient, reliable, climate-friendly power generation is vital for continued global economic
de velopment, and demand is soaring around the world. By the year 2030, annual electricity con-
sumption worldwide is expected to have nearly doubled, from today’s level of 20,000 billion kilo-
watt-hours. With our innovative technologies and products, we’re pushing the limits of power
plant efciency and helping strike a viable balance between climate protection, supply security
and cost-efciency in power generation. We’re currently testing the world’s most powerful gas
t urbine, which will achieve an efciency of over 60 percent in combined cycle operation. Com-
pared to today’s combined cycle plants, which have an efciency of 58 percent, these groundbreak-
ing turbines consume substantially less fuel, cutting CO2 emissions by 20,000 tons a year. What’s
more, our exible high-efciency combined cycle plants support the integration of renewables in
the energy mix; with their quick response times, they can compensate for uctuations in electric-
ity supplies from renewable sources such as wind power.
Our offerings encompass virtually the entire range of state-of-the-art power plant technologies
for fossil fuels – including key components such as gas and steam turbines, generators and instru-
mentation and control systems for high-efciency combined cycle and coal-red power plants.
With our coal gasier technology and our products and components for carbon capture in ue gas,
we provide all essential components for low-CO2 power plants with underground CO2 storage.
We operate in the most important regional markets through equity investments and joint ventures,
including Shanghai Electric Corporation in the Chinese power plant market and Power Machines,
Russia’s leading power plant supplier. We’re also active in the nuclear power plant sector with our
stake in AREVA NP.
Today, we’re one of the world’s leading energy technology providers. With our global organization,
our unmatched power of innovation and our extensive portfolio of products and solutions, we’re
ideally positioned to serve the dynamically growing fossil power market.
Fossil Power Generation
Michael Süß
CEO
www.siemens.com/energy
Highly efcient products, systems and solutions for power generation
based on fossil fuels comprise our core business. Our portfolio ranges
from turnkey power plants and their key components – such as gas
and steam turbines, generators and instrumentation and control
systems – to fuel gasiers.