Siemens Energy Sector

The Siemens Energy Sector was one of the four sectors of German industrial conglomerate Siemens. Founded on January 1, 2009, it generated and delivered power from numerous sources including the extraction, conversion and transport of oil and natural gas in addition to renewable and alternative energy sources. As of October 1, 2014, the sector level has been eliminated, including the Siemens Energy Sector.

Divisions

The Siemens Energy Sector consists of the following divisions: [2][3]

Renewable Energy (CEO: Dr. René Umlauft)
Power Generation (CEO: Roland Fischer)
Power Transmission (CEO: Jan Mrosik)
Energy Service (CEO: Tim Holt)

Products and services

Acquisitions and partners

Siemens has acquired the following companies:

Partners:

Marine Current Turbines; development of marine current turbines to generate power tidal power (February 2012)[4]

NEM; specialist in heat recovery steam generators for combined cycle (gas and steam) power plants, the Netherlands (2011)[5]

Bennex Group AS and Poseidon Group AS of the Subsea Technology Group AG, Norway, producing subsea power equipment (2011)[6]

Elektrozavod in Ufa (Russia) produces circuit breakers and disconnectors for high-voltage switchgear in Russia (2010)[7]

Steinmüller Engineering; process in the field of energy and environmental technology, acquisition of a majority stake (2009)[8][9]

Advanced Burner Technologies Inc. (ABT) in Pluckemin, New Jersey (USA); investment in service business for monitoring and reducing pollutants in power plants (2006)[10]

Kühnle, Kopp & Kausch, small industrial steam turbines up to 5 MW (2006)[11]

Energy transmission and distribution divisions of VA Tech (2005)[12]

Wheelabrator Air Pollution Control Inc. in Pittsburgh, Pennsylvania (USA) and Wheelabrator Canada Company, products and systems for monitoring and reducing pollutants in power plants (2005)[13]

Bonus Energy; a wind energy provider (2004)[14]

Industrial turbine business of Alstom (2003)[15]

Westinghouse Electric Corporation in Orlando, Florida (USA) with the locations in Charlotte, North Carolina; Fort Payne, Alabama; and Winston-Salem, North Carolina (1998)[16]

Shanghai Electric, two joint ventures (JV), 49% stake in each; one JV for the development and construction of wind turbines, second JV for the sales, project management, and service of wind turbines in China (2011)[17]

20% minority stake in Semprius; development of high concentration photovoltaic (HCPV) modules (2011)[18]

Joint venture with ZAO Iskra-Avigaz: LCC Russian Turbo Machinery, production of compressors for gas pipelines (2010)[19]

Shanghai Electric Power Generation Equipment Co., Ltd. (SEPG), 40% stake, products and solutions for power generation with coal and gas-fired power plants (2010)[20]

A2SEA A/S; services in the field of offshore wind farms, 49% stake (2010)[21]

parent	Siemens
foundation	1 January 2009
hq location	Munich, Germany‡R1R‡
key people	Christian Bruch (CEO) Maria Ferraro (CFO)
num employees	83,500 (FY 2013 (September 30))
revenue	€ 26,6 billion (FY 2013 (September 30))
industry	Power Generation, Renewable Energy, Transmission and Service

Siemens Energy Sector

Divisions

Products and services

Acquisitions and partners

Figures

External links

References