© Siemens AG 2010Energy Sector
Siemens Press Tour Seville April 13, 2010
Dr. René Umlauft CEO Renewable Energy Divison Energy Sector
With the power of the sun - Siemens well positioned in the rapidly growing solar power market
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 1
■ Population growth 7.5 bill. in 2020 (+1.1 bill.)
■ Megacities (>10 mill. people) 27 megacities by 2025
Scarce resources
■ Geopolitics 70% of global oil and gas reserves are located in just a few countries
■ Oil price fluctuations
Climate change
■ Climate goals Political programs aimed at long-term reduction in CO2 emissions
Rising electricity consumption even in a slowly growing global economy
Source: UNO
Risingenergy consumption
Due to efficiency increases: Growing electrification of
society
Growingdemand for
“clean” electricity
Demographic dynamics
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 2
Three steps to sustainable energy supply
Increase the share of renewablesin the energy mix
Efficiency increases along the entire energy chain
Smart Grid
2
1
3
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 3
Energy Sector – Comprehensive portfolio and services from primary energy to power distribution
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 4
2010 20202015
Biomass/WasteGeothermal
Solar PV
Solar CSP
Wind
Hydro+Ocean
bn €/a CAGR CSP 16 %
Emerging renewable markets offer new opportunities
Source: Siemens Energy EST scenario “Base Case” 2009, with 2% inflation
5
13
22
Growing markets in renewable energies
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 5
Solar thermal power plants – Ideal solutions for regions with high direct insolation
Phot
ovol
taic
DESERTEC project pushes development of solar activities in EU-MENA
region
Cristalline siliconeThin filmConcentrated Photovoltaic
Solar thermal
Solar technologies by region
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 6
Solar Power
Portfolio Locations
Concentrated Solar Power (CSP)■ Unique offering of solarfield and
power block, including own OEM of receivers, steam turbines and generators
■ EPC-solutions
Photovoltaic (PV)■ Turnkey photovoltaic plants in the megawatt
range from solar modules to grid connections, including safety and monitoring components
■ EPC-solutions
Market
Concentrated Solar Power■ 4 sales hubs: Germany, Israel, Spain, USAPhotovoltaic■ Center of Competence in Germany,
project monitoring in the countries
■ Market is currently growing at 17–20% a year for large PV greenfield plants
■ Double-digit growth rates (volumes >€ 20 billion) forecast for solar thermal power plants (CSP) up to 2020
■ More and more utilities enter the solar market – existing customer relations
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 7
2015 202020102008
22
12
7
3
Target: Siemens to become the leading supplier of solar thermal power plants by 2015
Market development in solar thermal power plants1)
1) Source: Energy Emerging Research (2009); Siemens 2) CAGR: Compound annual growth rate
in bn. € CAGR2)
(2008-2020):~20%
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 8
CSP market: Main market today is Spain, next key markets will be the US and North Africa
2007 dominated by order intake from Spanish projects. Latest incentive regulations changes in Spain expected to slow down the marketIncreasing order volume expected for USA. Upcoming markets especially in NME and North Africa but so far only few details on announced projects India, Australia and Chinarepresent further markets with significant growth potential
Source: Based on CSP project list and E ST MC1 analysis
GW
1 GW
2 GW
3 GW
4 GW
2007 2010 2015 2020
CSP regional market new orders in MW/a
CSP will expand globally with strong markets following the Spanish boom
North AfricaNMEIndiaRoW
SpainUSA
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 9
Our Strategy
1. Complete Portfolio for CSP
2. Focus on selected regions for CSP
3. Technology Leadership
4. Drive costs down to reach wholesale parity
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 10
Strategy: 1. Complete Portfolio for CSP Customer tailored solutions from components up to EPC
Water / steam cycle
Steam turbine
generator
Electrical and controls technology
Receiver based
on thermo
oil
Receiver based on
molten salts
Siemens portfolio
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 11
Strategy: 2. Siemens focus regions for CSP
Spain
South AfricaAustralia
IsraelUSA
DESERTEC
Chile
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 12
Strategy: 3. Technology leadership Siemens technologies for key challenges in solar power
Higher absorption capability of solar receiver for capturing more solar energyHigh-tech coating of receiver tube, heat loss from receiver tube is below 9%Larger receiver surface exposure to collect more energy
Concentrated Solar Power Receiver UVAC 2010
Archimede solar receiver with molten salt
Archimede Solar Energy producesreceiver tubes for CSP plants underthe licence of ENEA
Molten salt as heat tranfer mediumand operate at high temperature (up to 500 ° C)
Solarfield
Only supplier that develops, manufactures and installs all the critical components of the solar field, including tubes, mirrors and collectors
Decades of engineering experience including system integration and large-scale project management experience worldwide
Optimization of the water / steam cycle
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 13
Strategy: 4 Drive costs down to reach wholesale parity
Price for peak load on the electricity exchanges
Totalpower generation costsfor solar thermal power plants
medium term
Innovation/efficiency
Economies of Scale
Today
Wholesale parity1)
Industrialization (of manufacturing)
1) Wholesale parity = Technology is competitive on a cost basis – that is, without subsidies and/or incentive systems
1
2
3
Energy SectorApril 13, 2010 Dr. René Umlauft © Siemens AG 2010Slide 14
Renewable Energy plays a key role in the DII GmbH
Siemens has the products and solutions to make the DESERTEC concept happen
Offshore wind parks - Photovoltaics
Onshore wind power
HVDC power transmission lines
Concentrating solar power plantSolar field Receiver Power block Steam turbines
Bild richtig? Klärt die Presse!!!
© Siemens AG 2010Energy Sector
Thank you for your attention!
