- Virtual conference themed
‘Shaping the Energy of Tomorrow’ focused on Asia Pacific
- Besides high-profile global and
regional thought leaders from the energy and power sector, thousands of
participants from across the region will join in the live panel sessions
- Event partners include German
Chambers of Commerce Abroad, Asia-Pacific Hydrogen Association, Global Manufacturing
and Industrialization Summit, Masdar, and Siemens Gamesa
- Some of the most pressing and
crucial topics of today surrounding sustainability, digitalization,
decarbonization, and energy sector security will be discussed over the two days.
On March 9 and 10, Asia
Pacific’s power and energy sector comprising industry experts, government
stakeholders, and thousands of customers will convene together at the region’s first-ever
Siemens Energy Asia Pacific Energy Week virtual conference. Themed “Shaping the
Energy of Tomorrow”, it is organized by Siemens Energy and partners, with the
agenda of driving conversations and action plans on the energy transition, changing
energy landscape, challenges and opportunities ahead, as well as balancing
energy demands with carbon neutrality and climate change.
- Two SGT5-4000F units for
Guangdong Energy Group new CHP project
- Most advanced F-class technology
to date
- Carbon dioxide (CO2)
emissions reduction of up to 60% by utilizing natural gas as fuel source versus
coal
Siemens
Energy has reached an agreement with Guangdong Energy Group Co., Ltd.
(Guangdong Energy Group), to provide F-class gas turbine island equipment for the
Zhaoqing Dinghu Combined Heat and Power (CHP) generation project. Located in Dinghu District, Zhaoqing City, Guangdong Province, the
project is expected to be put into operation in 2023. When completed, it will
become a key part for optimizing the energy structure and layout of the
Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and building a modern energy
supply system.
- The pilot installation will convert waste
heat from a gas turbine into emissions-free power using supercritical carbon
dioxide (sCO2)
- Enough electricity will be produced to power
10,000+ homes, resulting in an estimated reduction in 44,000 tons per year in
greenhouse gas emissions
Siemens Energy
has signed an agreement with Canada-based TC Energy Corporation (TC Energy) to
commission a novel waste heat-to-power pilot installation in Alberta. The
facility will capture waste
heat from a gas-fired turbine operating at a pipeline compression station and
convert it into emissions-free power. The electricity produced will be put back
into the grid– resulting
in estimated greenhouse gas reductions of 44,000 tons per year, equivalent to
taking more than 9,000 vehicles off the road.
- Two jack-up rigs were retrofitted with Siemens Energy’s BlueVault™ lithium-ion energy storage system.
- Initial data show that the low-emission upgrades in batteries, data monitoring, and other efficiency measures can deliver reductions in CO2 by up to 25 percent and NOx emissions by up to 95 percent.
Siemens
Energy signed an agreement with Maersk Drilling to upgrade two ultra-harsh
environment CJ70 jack-up drilling rigs in the North Sea with hybrid power
plants using lithium-ion energy storage. The rigs – the Maersk Intrepid and Maersk
Integrator – were retrofitted with BlueVault™ batteries from Siemens Energy.
They are the first jack-ups to employ a combination of hybrid, low-emission
solutions on the Norwegian Continental Shelf.
- Shareholders approve all items
on the agenda with large majorities
- Joe Kaeser re-elected as
Chairman of the Supervisory Board
- Ralf Thomas remains Audit
Committee Chairman until the Annual Shareholders' Meeting 2022
At today's first Annual Shareholders'
Meeting of Siemens Energy, the shareholders approved all items on the agenda.
The ten shareholder representatives of the Supervisory Board, who were standing
for election for the first time, were elected by large majorities. The
Supervisory Board members have been appointed for a term of four years. In the
subsequent meeting of the newly elected Supervisory Board, Joe Kaeser was re-elected
as its Chairman. Ralf Thomas will remain Chairman of the Audit Committee until
the Annual Shareholders’ Meeting in 2022, contributing his valuable expertise
and experience to the company for a further year. The Supervisory Board will
promptly address the matter of identifying suitable candidates to fill this
important position. The resolutions were passed with 75.85 percent of the voting capital in
attendance.
- Strategic partnership for
industrial use of low-CO2 technologies
- Study of concrete projects for
BASF’s Ludwigshafen site
- Focus on hydrogen production,
heat pumps and power grid upgrade
As part of a strategic partnership, BASF
and Siemens Energy plan to accelerate commercial implementation of new
technologies designed to lower greenhouse gas emissions. By combining BASF’s
technological expertise with Siemens Energy’s innovative product and services
portfolio, BASF aims to extend its leading role in lowering CO2
emissions in chemical production. Several pilot projects at its Ludwigshafen
site are under discussion. BASF’s headquarters is one of the largest chemical
production sites in the world.
- Siemens Energy to supply 21 high-efficiency
compressor trains for expanding Marjan oil and gas field in the Kingdom of
Saudi Arabia (KSA).
- The project reinforces commitment to society
and Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) program.
Siemens Energy was selected to
supply new electric motor driven compressors for Saudi Aramco’s Tanajib Plant facilities. The company received the
order from the Spanish engineering and construction company, Técnicas
Reunidas, who was awarded the engineering, procurement, and construction (EPC)
contract for the Marjan Onshore Packages 9 and 11 project last year.
- Both companies to initiate a
European ecosystem for electrolysis and hydrogen technology
- Franco-German cooperation
supported by French and German Governments
- Large hydrogen projects
identified to lay the ground for industrial scale electrolyzer systems, one of
these opportunities is the Air Liquide-H2V Normandy project in France with a
capacity of 200 megawatts (MW)
- Joint application for funding
of a large project under the European Union’s Green Deal and joint participation
of the German IPCEI-scheme for hydrogen
Siemens Energy and Air Liquide have signed a Memorandum of Understanding with the objective to combine their expertise in PEM (Proton Exchange Membrane) electrolysis technology. They intend to focus their activities on these key areas: co-creation of large industrial-scale hydrogen projects in collaboration with customers, laying the ground for mass manufacturing of electrolyzers in Europe, especially in Germany and France, and R&D activities to co-develop next generation electrolyzer technologies.
- Employee representatives have been informed about the proposed steps
aimed at improving the company’s long-term competitiveness
- In addition to reducing non personnel costs, Siemens Energy plans to
reduce current global workforce until 2025 by about 7,800 jobs in its Gas and
Power segment
- Non-recurring costs associated
with the proposed job reductions will amount cumulatively to a mid to high triple digit million euro in line with previous guidance
- Guidance overall for fiscal year 2021 remains unchanged
The Executive
Board of Siemens Energy has provided employee representatives details about its
previously announced plans to reduce costs by a minimum of €300 million in its
Gas and Power segment. This is in addition to programs already under
implementation. The measures are
designed to improve the company’s competitiveness by enhancing the long-term
cost structure. Siemens Energy plans to optimize the company’s portfolio on the
basis of profitability and future viability, to lower the non-conformance costs
of major projects, and to reduce procurement costs. The company reconfirms
plans to achieve an Adjusted EBITA margin before special items of 6.5 percent
to 8.5 percent by 2023.