New Developments on Industrial Steam Turbines

Transcription

1 New Developments on Industrial Steam Turbines Enhanced Platform The next generation of Siemens industrial steam turbines Flexibility meets Efficiency The new pre-designed multistage steam turbine SST-111 Power-Gen Europe 12. Juni 2012, Köln Markus Tacke CEO Industrial Power Oil and Gas Division of Siemens Energy

2 Enhanced Platform The Heritage of Siemens Industrial ST Technology Görlitzer Maschinenbau- Anstalt 1992 Demag Delaval 2002 KK&K 2007 Steam Turbines Industrial Steam Turbines Large Steam Turbines AEG Steam Turbines 1969 AEG Kanis ABB ASEA STAL Alstom Industrial Turbines th century Seite 2

3 Enhanced Platform Drivers to develop a new Turbine Platform Internal drivers Acquisition history led to overlap in product portfolio and power range Huge variation of Steam Turbine Types incl. the maintenance of the tools Implementation of advantages of all families in one product Incorporation of new state of the art features External requirements Use of state of the art design allowing significant gains Extended features e.g. optimized start-up time Extended operating capabilities Increased flexibility to adapt to customer needs Increased efficiency Improved economical solutions The Enhanced Platform The next generation of Siemens industrial steam turbines Seite 3

4 Enhanced Platform Key Parameters Power output Speed MW rpm Live steam Inlet pressure/temp 165 bar/ 565 C Inlet pressure/temp 2393 psi/ 1049 F Controlled extractions (up to 2) Pressure, ext. valve 72 bar/1044 psi Pressure, int. valve 55 bar/798 psi Temperature 480 C/895 F Bleeds (up to 6) Exhaust conditions Back-pressure Condensing District heating Seite 4 85 bar/1233 psi 80 bar/1160 psi 1.0 bar/15 psi 3.0 bar/43 psi Improvements Power output +75 MW Inlet temperature +25 K Extraction pressure +20 bar

5 Enhanced Platform Blades and Vanes Improved blade and seal concept provides highest efficiency. Optimized seal concept in shape of shroud and number of fins minimizes leakages All HP blades utilize well proven root/clamping design, thus ensuring reliability Improved cylindrical and conical HP blades allow for longer airfoils and provide most competitive cost 3D optimized HP blades reach highest efficiency, still allowing simple processes in sales, engineering, and production due to predefined sub-components The integration of all current state of the art last stage blades provides full flexibility to meet customer requirements Seite 5

6 Enhanced Platform Customer Benefits Higher Steam Parameter at In- and Outlets High Reliability Reduced Start-up Time Faster Load Changes Improved Efficiency Optimized Performance Long Life Cycle Increased Life Time Extensive Tested and Verified First Turbine Seite 6

7 SST-111 Siemens Pre-designed steam turbine range Type Power Output (MW e ) 0, SST SST SST SST SST SST-111: Filling the multistage gap Seite 7

8 SST-111 General overview Technical Data Power output up to 12 MW Main steam pressure up to 131 bar(a) Main steam temperature up to 530 C Exhaust steam pressure: Condensation down to 0.06 bar(a) Typical Dimensions Length: approximately 8 m, including generator Width: 4.0 m Height: 4.0 m Seite 8

9 SST-111 Technical features Quick start capable (no preheating) Saturated steam operation Backpressure / condensing type Pressure-controlled extraction and/or admission steam Robust blisk design Nozzle-group control valves Compact package design Integrated oil supply system ATEX design available (optional) High efficient and reliable Designed according to the latest functional safety standards IEC / Maximum flexibility and optimized efficiency through multicasing design: up to two controlled extractions, reheat and / or admission steam possible Seite 9

10 SST-111 Seven good reasons to go with the SST Higher efficiency 2 Flexibility (Controlled Extraction / Condensing / Reheat) 3 Quick start-up 4 Competitive price 5 Proven solution 6 Compact design and simple installation 7 Low maintenance costs Seite 10

11 SST-111 A perfect fit for decentralized power generation Flexibility meets Efficiency Biomass, waste to energy (High efficiency) Waste heat, CHP (Value for money, availability) Combined cycle (Controlled extraction) Concentrated Solar Power (High efficiency, quick start-up) Production engineering companies Municipal Power Generation Industrial Power Generation Seite 11

12 Thank you for your Attention! Siemens AG All rights reserved.

13 Disclaimer NOTES AND FORWARD-LOOKING STATEMENTS This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as expects, looks forward to, anticipates, intends, plans, believes, seeks, estimates, will, project or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to stockholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens management, and are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond Siemens control, affect Siemens operations, performance, business strategy and results and could cause the actual results, performance or achievements of Siemens to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or anticipated on the basis of historical trends. These factors include in particular, but are not limited to, the matters described in Item 3: Risk factors of our most recent annual report on Form 20-F filed with the SEC, in the chapter Risks of our most recent annual report prepared in accordance with the German Commercial Code, and in the chapter Report on risks and opportunities of our most recent interim report. Further information about risks and uncertainties affecting Siemens is included throughout our most recent annual, and interim reports as well as our most recent earnings release, which are available on the Siemens website, and throughout our most recent annual report on Form 20-F and in our other filings with the SEC, which are available on the Siemens website, and on the SEC s website, Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of Siemens may vary materially from those described in the relevant forward-looking statement as being expected, anticipated, intended, planned, believed, sought, estimated or projected. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. This document includes supplemental financial measures that are or may be non-gaap financial measures. New orders and order backlog; adjusted or organic growth rates of revenue and new orders; book-to-bill ratio; Total Sectors profit; return on equity (after tax), or ROE (after tax); return on capital employed (adjusted), or ROCE (adjusted); Free cash flow, or FCF; cash conversion rate, or CCR; adjusted EBITDA; adjusted EBIT; adjusted EBITDA margins, earnings effects from purchase price allocation, or PPA effects; net debt and adjusted industrial net debt are or may be such non-gaap financial measures. These supplemental financial measures should not be viewed in isolation as alternatives to measures of Siemens financial condition, results of operations or cash flows as presented in accordance with IFRS in its Consolidated Financial Statements. Other companies that report or describe similarly titled financial measures may calculate them differently. Definitions of these supplemental financial measures, a discussion of the most directly comparable IFRS financial measures, information regarding the usefulness of Siemens supplemental financial measures, the limitations associated with these measures and reconciliations to the most comparable IFRS financial measures are available on Siemens Investor Relations website at For additional information, see supplemental financial measures and the related discussion in Siemens most recent annual report on Form 20-F, which can be found on our Investor Relations website or via the EDGAR system on the website of the United States Securities and Exchange Commission. Seite 13