Siemens Energy Sector

The Siemens Energy Sector was established on 1 January 2008 as one of the four sectors of Siemens AG and is mainly engaged in the manufacture of equipment and components and services in the field of energy supply. He conducted since 1 April 2011 by the Executive Board member Michael Suess.

Divisions

The Siemens Energy Sector consists of the following divisions

  • Power Generation ( products for power generation from fossil fuels, products for the oil and gas industry, CEO: Roland Fischer)
  • Energy Services ( Energy Services, CEO: Randy Zwirn )
  • Power Transmission ( power transmission, CEO: Karlheinz Springer )
  • Wind Power ( wind turbines for offshore and onshore wind farms, CEO: Markus Tacke )

Products

  • Fossil power generation ( gas-fired power stations, gas and steam turbine power plants (CHP ) and steam power plants)
  • Components such as gas turbines, steam turbines, generators and compressors
  • Electricity generation from renewable energy (especially wind energy and hydropower)
  • Control engineering, electrical engineering and information technology for power plants
  • Service solutions for power plants and their control systems including training and consulting
  • Service components (gas turbines, steam turbines and compressors for industrial applications)
  • Oil and Gas: For the oil and gas industry: solutions for increasing the pressure in oil and gas fields (depletion Compression), complete applications for pipelines, FPSO (Floating Production, Storage and Offloading) and refineries
  • For the process industry: Standard products, modular and custom-made compressor trains
  • Industrial and municipal energy producers: industrial gas turbines, compact steam turbines, industrial steam turbines, combined heat and power systems, steam turbines for solar thermal power plants

Acquisitions and investments

From Siemens over the years acquired company are:

  • Marine Current Turbines, development of tidal turbines with horizontal axes (February 2012 )
  • NEM, a specialist in waste-heat steam generator gas and steam power plants, The Netherlands (2011)
  • Bennex Group AS and Poseidon Group AS of Subsea Technology Group Ltd, Norway, the development of competence for power supply on the sea floor (2011)
  • Elektrozavod in Ufa (Russia), expansion of production of circuit breakers and disconnectors for high-voltage switchgear in Russia ( 2010)
  • Steinmueller engineering, process know- how in the field of energy and environmental technology, acquisition of the majority (2009)
  • Advanced Burner Technologies, Inc. ( ABT) in Pluckemin (New Jersey, USA), investment in the service business for pollutant emission monitoring and reduction of power plants (2006)
  • Kuhnle, Kopp & Kausch, Siemens supplemented by small industrial steam turbines up to 5 MW (2006)
  • Energy transmission and distribution savings of VA Tech (2005)
  • Wheelabrator Air Pollution Control Inc. in Pittsburgh (Pennsylvania, USA) and Wheelabrator Canada Company, business expansion to products and systems for pollutant emission monitoring and reduction of power plants (2005)
  • Bonus Energy, entry into the wind energy business (2004)
  • Industrial turbine business of Alstom ( 2003)
  • Westinghouse Electric Corporation in Orlando (Florida ) (United States ) with locations in Charlotte ( North Carolina), Fort Payne (Alabama ) and Winston- Salem ( North Carolina) (1998)

Holding companies:

  • Shanghai Electric, two joint ventures ( JV), the participation of 49% each, a JV for development and construction of wind turbines, second JV for sales, project management and service of wind turbines in China ( 2011)
  • Minority stake in Semprius of 20%, development of high concentrating photovoltaic modules ( 2011)
  • Joint venture with ZAO Iskra- Avigaz: LCC Russian Turbomachinery, production of compressors for gas pipelines (2010)
  • Shanghai Electric Power Generation Equipment Co. Ltd.. ( SEPG ), interest of 40 %, products and solutions for power generation with coal and gas power plants ( 2010)
  • A2SEA, Services for offshore wind farms, with 49 % (2010)
  • Joint venture with Voith Hydro Holding GmbH & Co. KG, involvement of 35 % to Voith Hydro, mechanical and electrical equipment of hydroelectric power plants (2000)

Previous shareholdings ( Solar Division )

  • Solel Solar Systems (Israel ), a manufacturer of solar receivers, one of the key components for solar thermal power plants ( 2009). Closure in 2013, after no prospect for a takeover could be found. Ongoing projects will be completed and the guarantee in the next few years is guaranteed. The total loss is approximately 1 billion euros.
  • Archimede Solar Energy (Italy). Return of 45 % of the shares in June 2012.

Pay

In fiscal 2013, the Energy Sector had a turnover of around 26.6 billion euros with around 83,500 employees.

Due to problems with the connection of offshore wind farms had to 2012, more than 500 million euros will be written off as loss.

Types of business entity Schwarze Pumpe power station Chief Executive Officer Siemens Wind Power Offshore wind power Floating production storage and offloading Orlando (Florida) Charlotte (North Carolina) Fort Payne, Alabama Winston-Salem, North Carolina
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