Siemens Energy Sector

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Siemens Energy Sector
Industry Power generation, renewable energy, transmission and service
Founded January 1, 2008
Key people Michael Suess (CEO)
Ralf Guntermann (CFO)
Revenue € 27,5 billion (FY 2012 (September 30))
Employees 86,000 (FY 2012 (September 30))
Parent Siemens AG
Website www.siemens.com/energy

The Siemens Energy Sector, founded on January 1, 2008, is one of the four sectors of Siemens AG corporation. The company generates and delivers power for the extraction, conversion and transport of oil and gas. Michael Suess was appointed CEO of the sector on April 1, 2011.1

Contents

Divisions

The Siemens Energy Sector consists of six divisions: 23

  • Fossil Power Generation (CEO: Roland Fischer)
  • Solar & Hydro (CEO: Theodor Scheidegger)
  • Oil & Gas (CEO: Adil Toubia)
  • Energy Service (CEO: Randy Zwirn)
  • Power Transmission (CEO: Karlheinz Springer)
  • Wind Power (CEO: Felix Ferlemann)

Products and services

  • 50-Hz and 60-Hz gas and steam turbine-generators for large-scale and industrial applications up to 1,100 MW
  • Turnkey fossil-fueled power plants
  • Factory and field-based service for gas, steam, nuclear and wind turbine-generators, as well as other plant equipment
  • Power plant modernizations, upgrades and extended service agreements
  • Wind power turbines and wind farms
  • Fuel flexible gasifiers for integrated gasification combined cycle
  • Turnkey substations
  • Gas-insulated switchgear
  • High-voltage circuit breakers, voltage regulators and surge arresters
  • FACTS (flexible alternating current transmission systems) and high-voltage direct current transmission (HVDC) solutions
  • Transformers for high voltage applications
  • Process control, power management systems and decision support tools for plant and network operators
  • Air pollution control equipment
  • Turbocompressors for petrochemical, refining, oil and gas, and chemical applications
  • Training and consulting services.

Acquisitions and partners

Siemens has acquired the following companies:

  • Marine Current Turbines; development of marine current turbines to generate power tidal power (February 2012)4
  • NEM; specialist in heat recovery steam generators for combined cycle (gas and steam) power plants, the Netherlands (2011)
  • Bennex Group AS and Poseidon Group AS of the Subsea Technology Group AG, Norway, producing subsea power equipment (2011)
  • Elektrozavod in Ufa (Russia) produces circuit breakers and disconnectors for high-voltage switchgear in Russia (2010)
  • Steinmüller Engineering; process in the field of energy and environmental technology, acquisition of a majority stake (2009)
  • Solel Solar Systems (Israel); manufacturer of solar receivers for solar thermal power plants (2009)
  • Advanced Burner Technologies Inc. (ABT) in Pluckemin, New Jersey (USA); investment in service business for monitoring and reducing pollutants in power plants (2006)
  • Kühnle, Kopp & Kausch, small industrial steam turbines up to 5 MW (2006)
  • Energy transmission and distribution divisions of VA Tech (2005)
  • Wheelabrator Air Pollution Control Inc. in Pittsburgh, Pennsylvania (USA) and Wheelabrator Canada Company, products and systems for monitoring and reducing pollutants in power plants (2005)
  • Bonus Energy; a wind energy provider (2004)
  • Industrial turbine business of Alstom (2003)
  • Westinghouse Electric Corporation in Orlando, Florida (USA) with the locations in Charlotte, North Carolina; Fort Payne, Alabama; and Winston-Salem, North Carolina (1998)

Partners:

  • Shanghai Electric, two joint ventures (JV), 49% stake in each; one JV for the development and construction of wind turbines, second JV for the sales, project management, and service of wind turbines in China (2011)
  • 20% minority stake in Semprius; development of high concentration photovoltaic (HCPV) modules (2011)
  • Joint venture with ZAO Iskra-Avigaz: LCC Russian Turbo Machinery, production of compressors for gas pipelines (2010)
  • Shanghai Electric Power Generation Equipment Co., Ltd. (SEPG), 40% stake, products and solutions for power generation with coal and gas-fired power plants (2010)
  • A2SEA A/S; services in the field of offshore wind farms, 49% stake (2010)
  • Joint venture with Voith Hydro Holding GmbH & Co. KG, 35% stake in Voith Hydro, mechanical and electrical equipment for hydroelectric power plants (2000)

Figures

In financial year 2012 the Energy Sector earned approximately €27.5 billion in revenue and had 86,000 employees.5

References

  1. ^ Reuters: Brief biography of Michael Suess, Siemens AG
  2. ^ The six divisions of Siemens Energy
  3. ^ The management structure of Siemens Energy
  4. ^ Renewableenergyfocus.com: Siemens buys tidal company Marine Current Turbines
  5. ^ Siemens Annual Report

External links