Siemens shares strategy for increasing its wind power business

Sponsored by

Munich, Germany, December 9, 2009 ­— Siemens has confirmed its objective to become one of the world’s top providers of wind turbines.

Siemens entered the wind power market five years ago with its acquisition of Denmark’s Bonus Energy.

Since then, wind power operations at Siemens have undergone rapid development. The workforce has grown sevenfold, while revenue has actually increased tenfold.

"This is a success story whose narrative we wish to continue," says Andreas Nauen, CEO of the Wind Power Business Unit. "The overall global wind power market is growing at 12 percent annually. We intend to significantly outpace the market growth to become one of the top three providers by 2012."

Siemens’ strategy will be to strengthen its position as a global market leader in offshore wind farms while expanding its international production network in key markets and ensuring technology leadership, for example gearless and floating wind turbines, with innovative products.

For more renewable energy news and information, visit our renewable energy topic center.

"Wind power has excellent perspectives," says Nauen. "The global wind power market will grow from about EUR30 billion annually today to more than EUR200 billion by 2030. We anticipate especially robust growth in the Asia-Pacific region. The market growth in North America and Europe, however, will also be significant.”

Offshore wind farms are playing an increasingly important role. The potential for offshore wind power in Europe is estimated at around 70 GW, about half of the power plant capacity currently installed in Germany.

At present, only 1.5 percent of that is being utilized. In the past fiscal year, Siemens secured the largest offshore wind power contract ever granted: to provide Dong Energy with 500 turbines of the 3.6-MW class.

Some of these turbines will be used in London Array, which will be the world’s largest offshore wind farm when it is complete. To date, Siemens has realized ten offshore wind farms with a capacity of 850 MW.

Contracts from Germany include the offshore wind farm Baltic 1. Siemens is also successful in the onshore wind power market: In the past fiscal year, for example, Siemens secured contracts for six wind farms in North America and for Europe’s largest onshore wind farm in Scotland. Recent orders have come from Mexico and New Zealand.

Siemens Wind Power has pursued a consistent strategy of further expanding its international production network in key markets. After establishing a rotor blade production plant in Fort Madison, Iowa, Siemens recently began construction on a new nacelle production facility in Hutchinson, Kansas.

And in 2010, a plant outside of Shanghai will commence production of rotor blades and nacelles. Production is also planned in India.

Siemens relies on innovative products to ensure its future success. In early December 2009, Siemens completed the prototype of its newly developed gearless wind turbine, which promises even higher availability than standard wind turbines with about half the number of parts.

Siemens is also working with StatoilHydro to promote the innovative Hywind project. Hywind is a floating wind turbine that can be positioned in waters from 120 to 700 meters in depth. This opens up new opportunities for offshore wind power.

More than 8,000 wind turbines are in operation worldwide with a capacity of more than 9,600 MW. The Business Unit Wind Power is part of the Renewable Energy Division of Siemens, which also includes photovoltaics and solar thermal power plants.

 

Sponsored by

CURRENT ARTICLES

Axion Power to supply energy storage for 9.1 MW Pennsylvania solar farm

10/30/2014 Axion Power PbC PowerCube technology has been admitted to connect with the 13-state PJM power grid, and brings that certif...

Guam to build $589 million power plant to comply with regulations

10/30/2014

The plant is expected to provide more than three-quarters of the island's power needs by 2020

SunEdison to install 150 MW in solar power projects in India

10/30/2014

Following SunEdison's recent announcement of a memorandum of understanding for 5 GW with the Rajasthan government

EU close to reaching emission-cutting goals

10/30/2014

That goal is to reduce emissions of CO2 and other greenhouse gases by 20 percent compared to 1990 levels.

MidAmerican Energy contracts with Siemens for Iowa wind power projects

10/30/2014 Combined, these 12 wind power projects have a capacity of more than 2.2 GW, enough to provide about 665,000 average Iowa h...

RWE connects solar farm to U.K. power grid

10/30/2014

The solar park has been constructed and commissioned by global downstream company Conergy 

Power4Georgians gets 18-month extension on coal plant air permit

10/29/2014 The extension will give Power4Georgians time to determine if or how Plant Washington will be affected by that CO2 rule

ON DEMAND WEBCASTS

Architecting Communication Networks for Smart Grids

This webinar will provide the essentials of communication networking to meet the challenges of th...

The Power of Behavioral Design: Lessons for Energy Efficiency Providers

Behavioral design principles are key differentiators when it comes to influencing consumer behavi...

3D BIM for Substations—Driving Efficiency from Design Through Operation and Maintenance

In this webinar, PESTECH will describe their transition to intelligent substation design and its ...

High Availability Networks. Application of IEC6439-3 Protocols for IEC61850 Process Bus implementation

Networks can now be built for the first time with genuinely uninterrupted data communication betw...

Understanding Moisture Dynamics in Power Transformers

While the need to measure moisture in power transformers has been well documented and is universa...

EL&P BUYER'S GUIDE PRODUCTS

MITEM Corp

Provides CRM solutions for regulated U.S. public utilities. The product, MitemView integrates differently designed systems to share critical data a...

Resources on Demand

Manages resource requests, tracks personnel movements, and supports lodging/logistics during a power restoration event.

Smart Grids

Quanta is contributing to its customers' smart grid initiatives by installing technology on power networks to provide energy management solutions f...

Horizontal Directional Drilling

With 28 small, mid-sized and large drilling rigs, Quanta Pipeline Services is one of the largest horizontal directional contractors in the world fo...

FEATURED ENERGY JOBS

View more Job Listings >>

POWERGRID International

March 2014
Volume 19, Issue 3
1403PG-cover

ELECTRIC LIGHT & POWER

January 2014
cover