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Energy Sector
Power Transmission Division
Munich, Germany, December 15, 2009
Siemens is technology leader with “energy highways”
Objective: Clear market leadership in HVDC technology
Siemens Energy has advanced to technology leader in the field of high-efficiency,
environmentally friendly transmission of large amounts of electrical energy. At the end of
the year, the company will be putting into operation a high-voltage direct current
transmission link (HVDC) in China. With a transmission capacity of 5000 megawatts (MW)
und covering a distance of more than 1400 kilometers this HVDC system recently is the
world’s most powerful of its kind implemented. Siemens will also be commissioning the
world’s largest and highest-capacity 800-kilovolt HVDC transformer in China in mid-January
2010. This transformer is intended for the next even larger HVDC transmission system in
China, which at 6400 megawatts (MW) will transport power equivalent to that supplied by 12
average-size coal-fired power plants over a distance of 2000 kilometers. “Our technology
leadership offers a good starting basis to become the clear No. 1 on the global market for
HVDC”, stated Udo Niehage, CEO of the Power Transmission Division in the Siemens
Energy Sector. The global market for HVDC transmission currently has a volume of about
EUR3 billion, with average growth of more than ten percent annually. The volume is
expected to climb to EUR5 to EUR8 billion by 2020, of which Siemens will have a significant
share.
Highest-capacity HVDC transmission systems as in China will help us in the future in transporting
large volumes of environmentally friendly electricity from the desert for example to Europe, as
planned with the Desertec project. “In the future, electricity highways will not only cross borders,
they will also connect entire continents with each other”, stated Niehage. “We will only be able to
counter climate change by making more intensive use of energy-efficient technologies. We have to
develop renewable energies and convert our power supply systems into smart grids so that we can
manage the fluctuating amounts of electricity fed into the grid intelligently. Substantial investments
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Siemens AG
Corporate Communications and Government Affairs
Wittelsbacherplatz 2, 80333 Munich
Germany
Reference number: EPT200912.026e
Media Relations: Dietrich Biester
Telephone: +49 9131 18-4974
E-mail: [email protected]
Siemens AG
Energy Sector - Power Transmission Division
Freyeslebenstr. 1, 91058 Erlangen, Germany
will be necessary for this. However, this will be unavoidable if we are to achieve our climate
protection targets and significantly reduce CO2 emission,” adds Niehage.
With their innovative power electronics and ability to control the amount of power to be transmitted
intelligently, HVDC systems are an important element of a smart grid. Siemens Energy is one the
world’s leading suppliers in this area too and will further expand this position. The Siemens Sector
expects orders for smart grids totaling more than EUR6 billion through the year 2014. “As global
market leader in grid automation, we are already well established in this business. We’re at the
beginning of a new era of electricity with smart grids,” commented Niehage. In the last fiscal year
2009, Siemens earned revenues of nearly EUR1 billion with smart grid technologies. “The smart
grid market will also become increasingly dynamic as a result of climate change and programs to
boost the economy. Our aim is to grow more than twice as fast the market as a whole,” Niehage
added. The addressable market for Siemens will have a cumulative volume of about EUR30 billion
through the year 2014. Siemens is targeting annual growth of seven percent in smart grid business
and a market share of more than 20 percent.
The energy-efficient connection of offshore wind farms to the power supply grid, high-voltage direct
current (HVDC) transmission systems and solutions for setting up smart grids are part of Siemens’
Environmental Portfolio. In fiscal 2009, revenue from the Portfolio totaled about EUR23 billion,
making Siemens the world’s largest supplier of ecofriendly technologies. In the same period, our
products and solutions enabled customers to reduce their CO2 emissions by 210 million tons.
The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions
for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas.
In fiscal 2009 (ended September 30), the Energy Sector had revenues of approximately EUR25.8 billion and received
new orders totaling approximately EUR30 billion and posted a profit of EUR3.3 billion. On September 30, 2009, the
Energy Sector had a work force of more than 85,100. Further information is available at: www.siemens.com/energy.
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Siemens AG
Corporate Communications and Government Affairs
Wittelsbacherplatz 2, 80333 Munich
Germany
Reference number: EPT200912.026e
Media Relations: Dietrich Biester
Telephone: +49 9131 18-4974
E-mail: [email protected]
Siemens AG
Energy Sector - Power Transmission Division
Freyeslebenstr. 1, 91058 Erlangen, Germany