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[florenceorbis] 15/6/2020 07:42

Siemens partners with Total to advance concepts for low-emissions LNG production

MidstreamContract

By NS Energy Staff Writer 12 Jun 2020

Concepts to be explored include the use of gas turbine- and electric-driven compression trains in conjunction with proven single-mixed refrigerant and double-mixed refrigerant technologies
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Siemens partners with Total. (Credit: djedj from Pixabay.)

Siemens Gas and Power has entered into an agreement with Total, a broad energy group, to advance new concepts for green liquified natural gas (LNG) production. As part of the contract, Siemens Gas and Power is conducting studies to explore a variety of possible liquefaction and power generation plant designs, with the ultimate goal of decarbonizing the production of LNG.

The studies are targeting key areas, such as reducing the environmental footprint of LNG liquefaction facilities and the associated greenhouse gas emissions, plant reliability, maintainability, regulatory compliance, and development costs. Concepts to be explored include the use of gas turbine- and electric-driven compression trains in conjunction with proven single-mixed refrigerant and double-mixed refrigerant technologies; selecting equipment that can minimize or eliminate process flaring; and developing techniques to improve the efficiency of onsite power generation facilities (heat recovery systems, inlet air chilling, supplementary firing, renewables integration, battery storage, etc.).

The studies are also exploring how to leverage digitalization and automation platforms to optimize plant design and achieve seamless project execution.
“Siemens Gas and Power is committed to supporting the LNG industry’s efforts to reduce carbon emissions through the application of proven equipment solutions and by providing financial, technical development, and strategic support to customers in the early concept development and pre-FEED stages of projects,” said Thorbjoern Fors, CEO for Siemens Energy Oil & Gas Division. “We are proud to continue these efforts by partnering with Total to drive towards the lowest possible plant emissions profile and attain the highest degree of sustainability in LNG production.”

[waldron] 10/6/2020 16:25

Siemens Gas and Power Wins Contract for Power Bridge in Greece
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Alert

By Giulia Petroni



Siemens AG said Wednesday that a consortium led by its gas-and-power unit won a contract for two converter stations that will connect the island of Crete with mainland Greece.

The German engineering group said Siemens Gas and Power GmbH & Co. KG will cooperate to design, supply and install a 1,000 megawatts converter system.

"The interconnector will facilitate the transmission of energy from renewable resources generated on the Greek mainland to the island," Siemens said, adding it will reduce carbon emissions by 500,000 tons during the first full year of operations.

Commissioning is scheduled for mid-2023 and the order volume for the consortium amounts to 370 million euros ($418.38 million).

The costumer is Ariadne Interconnection SPSA, a entity fully owned by the Greek independent power transmission operator IPTO.



Write to Giulia Petroni at [e-mail]



(END) Dow Jones Newswires

June 10, 2020 11:02 ET (15:02 GMT)

[florenceorbis] 09/6/2020 08:41

6/08/2020 | 09:13pm BST

Credit Suisse is positive on the stock with a Buy rating.



The target price has been raised to EUR 145 from EUR 125.

[ryan2341] 08/6/2020 09:44

Nice to see someone else following Siemens, got it at 60p. Really bounced back well. SGRE share doing ok at the moment aswell.

[florenceorbis] 08/6/2020 09:37

Vattenfall takes FID on 1.5GW Hollandse Kust Zuid offshore wind farm

PowerWindProject

By NS Energy Staff Writer 05 Jun 2020

The wind farm is expected to largest of its kind worldwide and the power generated will be equivalent to the annual consumption of over two million Dutch households
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The Hollandse Kust Zuid consists of two projects. (Credit: Pixabay/doskey12)

Swedish electric utility company, Vattenfall has taken a final investment decision (FID) for the 1.5GW Hollandse Kust Zuid 1-4 offshore wind farm in the North Sea.

The firm has secured permits to build the wind project following two subsidy-free tender rounds in 2018 and 2019.

The Hollandse Kust Zuid consists of two projects that have been combined into one single wind farm to optimise the process.

Once operational in 2023, the wind farm is expected to largest of its kind worldwide and the power generated will be equivalent to the annual consumption of over two million Dutch households.
Siemens Gamesa will supply 11MW turbines for the project

Vattenfall Business Area Wind head and senior vice-president Gunnar Groebler said: “Hollandse Kust Zuid will not only provide fossil free and affordable electricity to our private and business customers.

“It’s also a large infrastructure investment that creates significant economic activity and employment in times of economic uncertainty.”

The firm has selected Siemens Gamesa Renewable Energy to manufacture and partially install the 140 units of 11-MW turbines for the project.

Dutch companies Sif and TKF will be in charge of foundation manufacturing and inter-array cable systems manufacturing, respectively.

Additionally, Italian manufacturing company, Prysmian will produce the inter-array cable systems, while Subsea 7 will be responsible for the foundation and inter-array cable systems installation and Swire Blue Ocean will install the turbine.

Vattenfall CEO Magnus Hall said: “The Hollandse Kust Zuid project underlines our commitment to supply the Netherlands and Europe with fossil free electricity.

“In addition, the investment decision shows that our determination to deliver on our goal to enable fossil free living within one generation remains firm despite the COVID19 pandemic.”

The construction on the wind project will commence offshore in 2021.

Vattenfall will operate and maintain the new facility from its new service facility in the Port of IJmuiden.

It will be connected to two offshore substations operated by Dutch TSO TenneT.

Recently, the firm has inaugurated the Berlin-Marzahn combined heat and power (CHP) plant located in in Marzahn, Berlin.

[florenceorbis] 08/6/2020 09:32

Mainstream begins foundation work on 158W Tchamma wind project

PowerWindTurbine

By NS Energy Staff Writer 05 Jun 2020

The output generated by the wind project will be enough to supply electricity to 186,937 Chilean homes while offsetting 177,996 tonnes of CO2 emissions annually
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Concrete pouring operation took 11 hours to complete. (Credit: Mainstream Renewable Power.)

Ireland-based renewable energy developer, Mainstream Renewable Power (MRP) has commenced work on the foundations for its 157.5W Tchamma wind project in Chile.

Spanish contractor Sacyr is in charge of the civil works and its team has already completed the first of 35 turbine bases at the wind farm.

Once operational in 2021, the power generated by the wind project will be enough to supply electricity to 186,937 Chilean homes while offsetting 177,996 tonnes of CO2 emissions annually.

Mainstream Renewable Power said: “The reinforced structure, which took 11 hours to pour, will eventually support a 454-tonne tower that soars 90 metres over this northern desert region of Antofagasta.”

Tchamma wind farm is a part of the 571MW Condor portfolio

The Tchamma wind farm is a part of the 571MW Condor portfolio, which includes the 86MW Alena and the 185MW Cerro Tigre wind parks that are currently being constructed.

The Condor portfolio also includes the 145MW Rio Escondido solar power plant in Atacama.

The four projects together form the first phase of the 1.3GW Andes Renovables platform, which is wholly owned and fully contracted by Mainstream.

Mainstream added: “In April, the country became the first in Latin America to propose new CO2 cuts to meet the climate action goals of the Paris Agreement, pledging to peak CO2 emissions in 2025 and achieve carbon neutrality by 2050.”

Recently, the firm has started construction on the transmission lines for the second phase of its 1.3GW Andes Renovables wind and solar power generation platform in Chile.

The company has signed agreements with Siemens, Transelec, Inprolec and Isotron for the construction of 126.8km of transmission lines, which will link its Huemul portfolio of five wind and solar projects to Chile’s national grid.

[waldron] 02/6/2020 16:54

Siemens Gas and Power to Supply Equipment for Malaysian Gas Development
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By Giulia Petroni



Siemens AG said Tuesday that its gas-and-power unit has been awarded a contract to supply equipment for a gas field development project in offshore Malaysia.

The German engineering group said Siemens Gas and Power GmbH & Co. KG will provide three industrial gas turbine generators, three mechanical-drive gas turbines and three centrifugal compressors for the Kasawari project in the South China Sea, offshore Sarawak.

The customer is the Malaysia Marine & Heavy Engineering Holdings Bhd, which has formed a joint venture with TechnipFMC PLC, according to Siemens. PETRONAS Carigali Sdn Bhd is the end user.

"Once in production, the field will produce up to 900 million cubic feet per day of gas, which will be delivered to the PETRONAS LNG Complex in Bintulu, Sarawak," the company said.

No financial details were disclosed.



Write to Giulia Petroni at [e-mail]



(END) Dow Jones Newswires

June 02, 2020 10:56 ET (14:56 GMT)

[waldron] 31/5/2020 10:19

Green hydrogen project launched in May 2020

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Munich, Germany – WEBWIRE – Friday, May 29, 2020
The purpose of HYFLEXPOWER is to prove that hydrogen can be produced and stored from renewable electricity and then added with up to 100 percent to the natural gas currently used with combined heat and power plants.
The purpose of HYFLEXPOWER is to prove that hydrogen can be produced and stored from renewable electricity and then added with up to 100 percent to the natural gas currently used with combined heat and power plants.

With the HYFLEXPOWER project, a consortium made up of Engie Solutions, Siemens Gas and Power, Centrax, Arttic, German Aerospace Center (DLR) and four European universities are implementing a project funded by the European Commission under the Horizon 2020 Framework Program for Research and Innovation (Grant Agreement 884229). The implementation of this project, the world’s very first industrial-scale power-to-X-to-power1 demonstrator with an advanced hydrogen turbine, will be launched at Smurfit Kappa PRF’s site - a company specialized in manufacturing recycled paper - in Saillat-sur-Vienne, France. The purpose of this project is to prove that hydrogen can be produced and stored from renewable electricity and then added with up to 100 percent to the natural gas currently used with combined heat and power plants. For this an existing Siemens SGT-400 industrial gas turbine will be upgraded to convert stored hydrogen into electricity and thermal energy.

A world’s first: Industrial-scale power-to-X-to-power demonstrator

Through its Horizon 2020 framework program the European Commission supports highly innovative research and demonstration projects aiming at developing and creating innovative products and services and thus stimulating growth in Europe. For this, the European Commission is awarding grants in a competitive procedure in which HYFLEXPOWER was able to assert itself against a large number of competitors.

With this particular project, HYFLEXPOWER will demonstrate that renewable hydrogen can serve as a flexible means of storing energy which can then be used to power a high-power industrial turbine.

Storing fluctuating renewable energy is one of the major challenges of the energy transition. In this context, the stakeholders involved in the HYFLEXPOWER project are developing new technologies which can be used across the whole power-to-X-to-power1 cycle. The installed demonstrator will be used to store excess renewable electricity in the form of green hydrogen. During periods of high demand this stored green hydrogen will then be used to generate electrical energy to be fed into the grid.

Engie Solutions has been entrusted with producing energy at the Smurfit Kappa site in Saillat-sur-Vienne, France. At the site, Engie Solutions operates a 12 MWe combined heat and power facility which produces steam for the manufacturing company’s requirements. The conversion of an existing infrastructure has the advantage of significantly lower costs and minimized lead time compared to a greenfield site. The project will develop and demonstrate an advanced plant concept that will contribute to modernizing and improving the factory’s existing power plant.

During two demonstration campaigns, the facility will be powered by a mix of natural gas and hydrogen, ultimately aiming for up to 100 percent hydrogen operation. In this regard, the overall goal of the HYFLEXPOWER project is to test an entirely green hydrogen-based power supply for a completely carbon-free energy mix. This would save up to 65,000 tons of CO2 per year for a SGT-400 at baseload operation.

An exclusively European technology

The consortium selected following the call for proposals is made up exclusively of European companies and bodies. Each stakeholder’s role is defined as follows:

Engie Solutions will build the hydrogen production and storage facility, including the natural gas/hydrogen mixing station prior to the turbine

Siemens Gas and Power will supply the electrolyser for hydrogen production and develop the hydrogen gas turbine

Centrax will upgrade the package for hydrogen operation and install the new turbine

German Aerospace Center (DLR) together with the University College London, University of Duisburg-Essen and Lund University will support the hydrogen turbine technology development

National Technical University of Athens will perform economic, environmental and social assessments of the concept

Arttic will support the operational project management and the project’s communication activities.

The project’s total budget is close to €15.2 million, of which €10.5 million will be contributed entirely by the European Union under the Horizon 2020 program.Officially launched on 1 May 2020, the project will last 4 years and will be split into several phases:

May 2020: Contract finalization and start of engineering development.

[waldron] 19/5/2020 16:16

Details released of a huge offshore wind turbine that can power 18,000 homes per year

Published Tue, May 19 20209:44 AM EDT

Anmar Frangoul

Key Points

As technology has developed over the last few years, the size of wind turbines has increased.
The SG 14-222 DD offshore wind turbine will boast blades that are more than 100 meters long.

[grupo guitarlumber] 08/5/2020 09:28

Outlook

Siemens performed solidly in the second quarter of fiscal 2020 even as the economic consequences of the COVID-19 pandemic began to impact our operations and our financial results. We expect even stronger impacts from the pandemic on business development in our fiscal third quarter. Beyond the third quarter of fiscal 2020, macroeconomic developments and their influence on Siemens currently cannot be reliably assessed. Therefore, we can no longer confirm our original guidance for fiscal 2020.

We now expect a moderate decline in comparable revenue in fiscal year 2020, net of currency translation and portfolio effects, with the book-to-bill ratio remaining above 1. The decline in demand most strongly affects our Operating Companies Digital Industries and Smart Infrastructure.

We adhere to our plan to complete the spin-off and public listing of Siemens Energy before the end of fiscal 2020. We expect to record a spin-off gain within discontinued operations, the amount of which cannot yet be reliably forecast. We continue to expect material impacts on Net income from spin-off costs and tax expenses related to the carve-out and sub-group creation of Siemens Energy.

Given the above-mentioned circumstances we currently refrain from giving guidance for basic EPS from Net income for fiscal 2020.

[grupo guitarlumber] 08/5/2020 09:25

5/08/2020 | 08:46am BST

Already positive, the research from JP Morgan and its analyst Andreas Willi still consider the stock as a Buy opportunity..


The target price is still set at EUR 90.

[waldron] 28/11/2019 11:01

Siemens Gamesa Renewable Energy SA (SGRE.MC) said Thursday that it will supply wind turbines for an offshore project developed by Electricite de France SA's (EDF.FR) renewables subsidiary in Scotland.

The wind-turbine maker said it received an order to install 54 offshore turbines for the 448 MW Neart na Gaoithe (NnG) offshore wind power project, which is located 20 kilometers (12.4 miles) off the east coast of Scotland.

Construction will begin in 2022 and the project is expected to be operational by the following year, Siemens Gamesa said.

"The revised project reduces the number of turbines by around half, while allowing the same generating capacity," according to the company.

When fully operational, the project will be able to generate electricity for around 375,000 homes, Siemens Gamesa said.



Write to Giulia Petroni at [e-mail]



(END) Dow Jones Newswires

November 28, 2019 04:50 ET (09:50 GMT)

[grupo guitarlumber] 09/11/2019 07:14

Feb 05, 2020 | Munich 1st quarter results



Feb 05, 2020 | Munich AGM



May 08, 2020 | Munich 2nd quarter results



Aug 06, 2020 | Munich 3rd quarter results



Nov 12, 2020 | Munich 4th quarter results

[grupo guitarlumber] 06/7/2019 08:52

Financial Calendar
Upcoming Events of Siemens AG

Aug 1, 2019 | Munich 3rd quarter results



Sep 5, 2019 | London Morgan Stanley Conference



Nov 7, 2019 | Munich 4th quarter results