Siemens Sector Energy

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Siemens Energy Sector

logo
legal form Part of Siemens AG
founding January 1, 2008
resolution October 1, 2014
Reason for dissolution internal restructuring
Seat Erlangen , GermanyGermanyGermany 
management
Number of employees 83,500
sales 26.6 billion euros (FY 2013)
Branch Electricity generation and transmission
Website www.siemens.de/energy
As of September 30, 2013

Turboset from Siemens Sector Energy in the Schwarze Pump power plant

The Siemens Energy Sector was one of the four sectors of Siemens AG from January 1, 2008 to October 1, 2014 and mainly dealt with the production of systems and components as well as services in the field of energy supply .

As of October 1, 2014, the sector level no longer exists and with it the Siemens Sector Energy.

Divisions

The Siemens Energy Sector consisted of the following divisions

  • Power Generation (products for generating electricity from fossil fuels, products for the oil and gas industry, CEO : Roland Fischer)
  • Energy Service (Energy Services, CEO: Randy Zwirn)
  • Power Transmission (energy transmission, CEO: Jan Mrosik)
  • Wind Power ( wind turbines for offshore and onshore wind parks, CEO: Markus Tacke)

Products

Company takeovers and investments

Siemens Pelham gas turbine factory in Lincoln (Lincolnshire) , England (formerly Ruston & Hornsby )

Companies acquired by Siemens over the years were:

  • Dresser-Rand (Houston, USA) mechanical engineer, v. a. Steam turbines, gas turbines and compressors in the medium and larger power range up to over 100 MW (2015)
  • Marine Current Turbines , development of tidal turbines with horizontal axes (February 2012)
  • NEM , specialist in waste heat steam generators for gas and steam power plants, Netherlands (2011)
  • Bennex Group AS and Poseidon Group AS of Subsea Technology Group AG , Norway, expansion of the competence for power supply on the seabed (2011)
  • Elektrozavod in Ufa (Russia), expansion of the production of circuit breakers and disconnectors for high-voltage switchgear in Russia (2010)
  • Steinmüller Engineering, process know-how in the field of energy and environmental technology, takeover 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)
  • Kühnle, Kopp & Kausch , adds small industrial steam turbines up to 5 MW to Siemens (2006)
  • VA Tech's power transmission and distribution divisions (2005)
  • Wheelabrator Air Pollution Control Inc. in Pittsburgh (Pennsylvania, USA) and Wheelabrator Canada Company , business expansion with products and systems for pollutant emission monitoring and reduction of power plants (2005)
  • Bonus Energy , entry into the wind energy business (2004)
  • Alstom's industrial turbine business (2003)
  • Westinghouse Electric Corporation in Orlando (Florida) (USA) with locations in Charlotte (North Carolina) , Fort Payne (Alabama) and Winston-Salem (North Carolina) (1998)

Affiliated companies:

  • Shanghai Electric , two joint ventures (JV), each holding 49%, one JV for the 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 highly concentrated photovoltaic 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), participation of 40%, products and solutions for power generation with coal and gas power plants (2010)
  • A2SEA , services in the field of offshore wind farms, participation of 49% (2010)
  • Joint venture with Voith Hydro Holding GmbH & Co. KG , holding 35% in Voith Hydro , mechanical and electrical equipment for hydropower plants (2000)

Former holdings (Solar division)

  • Solel Solar Systems (Israel), manufacturer of solar receivers, one of the key components for solar thermal power plants (2009). Closure in 2013 after no interested party could be found for a takeover. Current projects are still being processed and the guarantee for the next few years is guaranteed. The total loss is around 1 billion euros.
  • Archimede Solar Energy (Italy). Return of 45% of the company shares in June 2012.

numbers

In the 2013 financial year, the Energy Sector generated sales of around EUR 26.6 billion with around 83,500 employees.

Problems or delays in connecting offshore wind farms cost Siemens around 570 million euros in 2012.

Individual evidence

  1. Siemens names future management team. Siemens, press release May 6, 2014
  2. ^ The divisions of Siemens Energy
  3. ^ The management structure of Siemens Energy
  4. Product information
  5. Siemens strengthens its marine energy business - takeover of Marine Current Turbines
  6. PhotoNews: Siemens strengthens itself in the promising market for ocean current power plants - takeover of Marine Current Turbines
  7. Takeover of the specialist for waste heat - steam generator for combined cycle power plants NEM
  8. For 470 million euros: Siemens takes over deep-sea power grid business. In: Handelsblatt.com. March 20, 2012, accessed May 14, 2020 .
  9. Siemens takes over majority in Steinmüller Engineering. In: wallstreet-online.de. July 2, 2009, accessed May 14, 2020 .
  10. Trade + Services: Siemens buys steam turbine manufacturer Kühnle, Kopp & Kausch. In: Handelsblatt.com. July 20, 2006, accessed May 14, 2020 .
  11. Siemens wants to swallow Austrian competitor VA Tech. In: sueddeutsche.de. Süddeutsche Zeitung, May 19, 2010, accessed on May 14, 2020 .
  12. dpa-afx: Siemens buys Danish wind turbine manufacturer Bonus Energy. In: Handelsblatt.com. October 20, 2004, accessed May 14, 2020 .
  13. Siemens and Shanghai Electric agree strategic wind energy alliance for China. Windkraft-Journal, December 10, 2011, accessed on May 14, 2020 .
  14. Futile search for a buyer: Siemens closes its solar division. In: Handelsblatt.com. June 17, 2013, accessed May 14, 2020 .
  15. ^ Archimede Solar Energy. In: archimedesolarenergy.it. Retrieved May 14, 2020 (English).
  16. Annual press conference 2013
  17. Rebecca Eisert: Offshore Wind Turbines: Siemens' wind power business is highly risky. In: WiWo.de. July 30, 2013, accessed May 14, 2020 .

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