"Fossil fuels will continue to be a part of the energy mix for well into the 21st century. But more and more sources of renewable energy will be added. We need both, fossil and renewable fuels. Thanks to innovative technologies we will be able to produce energy in the most ecologically friendly way, thus reducing emissions.
One of the challenges we’re facing today is the increasing number of megacities with more than 25 million inhabitants each. There, energy is needed in huge quantities and has to be transported to the right place at the right time. The energy transmission systems of the future are absolutely critical for this.“
Products and solutions
As worldwide demand for energy soars, increasing amounts of electricity must be generated – and the processes used must be as ecofriendly, economical and efficient as possible. We’re meeting this challenge with gas turbines that are setting new industry benchmarks for efficiency and performance. The German utility E.ON is currently testing the world’s most powerful and environmentally compatible gas turbine at its power plant in the Bavarian town of Irsching. The turbine generates a world-record 340 megawatts, enough electricity to power a city the size of Barcelona. When the stand-alone test phase is completed, the unit will be expanded to become a combined cycle power plant that uses exhaust gases to generate additional electricity. In combined cycle operation, the plant will attain an efficiency of over 60 percent. Compared with today’s top ratings of more than 58 percent, this may seem like a small improvement. But it will cut the facility’s CO2 emissions by 40,000 tons a year and, thus, make a substantial contribution to climate protection. Making it all happen are products and systems from Siemens – innovations like computer-optimized turbine blade design and innovative materials that enable blades to withstand extremely high temperatures.
Energy sources are not always located where they’re needed. The Australian state of Victoria, for example, relies on ecofriendly hydropower generated 295 kilometers away on Tasmania. Thanks to our outstanding technological expertise, the island is now linked to Victoria via Basslink, one of the world’s longest undersea power cable connections. The link uses a high-voltage direct-current (HVDC) transmission system developed by Siemens. As the project’s consortium leader, we’re responsible for the entire HVDC system and all its key components. Huge amounts of power can now be efficiently transported not only over long distances but also in two directions: during dry periods, when Tasmania’s reservoirs are too low to generate power, Basslink transports electricity from the Australian mainland to the island.
Within a few years, an advanced undersea grid connection from Siemens will also be transporting energy to the UK, where we recently won a contract to link the Greater Gabbard offshore wind farm to the national power grid. When completed in 2011, Greater Gabbard will produce 504 megawatts of electricity from 140 Siemens wind turbines. The farm, which will be the world’s largest offshore wind turbine installation, is being built in the North Sea, 25 kilometers off the coast of Suffolk. To link Greater Gabbard to the UK grid, Siemens is constructing two high-sea platforms with a transformer substation on each. The electricity generated in the farm’s turbines will be concentrated at each platform and then transported to the coast via undersea cable. The Greater Gabbard project demonstrates the exceptional range of our unique wind power portfolio – which encompasses everything from the manufacture and supply of high-tech wind turbines and the installation of high-efficiency grid connections for offshore wind farms to the preparation of preliminary network studies.
With world energy consumption rising, fossil fuels becoming scarcer and more expensive and climate change making a growing impact worldwide, the share of renewables in the energy mix will have to be increased. Since wind power is a key source of renewable energy, we’re ideally positioned for success.
Our pioneering technologies and comprehensive know-how have made us the world leader in offshore wind turbines. We’re the only single-source supplier of both wind power technology and infrastructure for grid connections. In one recent project, we not only delivered, installed and commissioned 48 wind turbines at the Lillgrund wind farm but also provided an intelligent solution for linking the facility to Sweden’s national grid. With an overall capacity of 110 megawatts, the wind farm is now supplying reliable, ecofriendly electricity to 60,000 Swedish households.
Solar energy is emission-free, and over the long term it has the potential for meeting the entire energy demand of humankind with ecofriendly power. Solar thermal power plants generate electricity using solar energy. In principle, they function in exactly the same way as conventional steam power plants but have one important difference. The steam required to drive the turbine is not generated by the combustion of fossil fuels but with the aid of solar energy: in solar thermal power plants, mirrors focus the incident solar radiation and thus heat a heat transfer agent. Steam is then raised in heat exchangers to drive a turbine-generator. We’re the market leader in steam turbines for solar thermal power plants – one of the fastest-growing power plant markets. In the last five years, we’ve secured orders for more than 45 of these steam turbines specially adapted for solar thermal projects – for example, the parabolic-trough power plant Nevada Solar One (64 megawatts) in the U.S. and Andasol 1 and 2 (each rated at 50 megawatts) in Spain. After startup, Andasol 1 will generate over 157 gigawatt-hours of solar power annually – enough electricity to meet the annual energy demand of around 50,000 households.
Thank you for viewing Siemens' Annual Report 2008.
If you require further information, please contact us:
+49 (0)89 636-33032 (Press Office)
+49 (0)89 636-32474 (Investor Relations)
+49 (0)89 636-30085 (Press Office)
+49 (0)89 636-32830 (Investor Relations)
Please send the Annual Report 2008 to the following address: