Siemens to build combined cycle power plant in the Netherlands for about €700 million

Erlangen, Germany, Siemens Energy has secured an order from the Dutch utility Enecogen for a combined cycle power plant. The order is valued at around €700 million. The power plant, which will have a capacity of approximately 870 megawatts, is scheduled to go on line in late 2011. By virtue of its low emissions and high operating efficiency it will be one of Europe’s most efficient fossil-fueled power plants.

“I am very happy that Enecogen’s specific requirements fit perfectly with our reliable, sound and environmentally friendly power plant concept,” said Michael Suess, CEO of the Fossil Power Generation Division of Siemens Energy. Enecogen is a partnership of the Dutch utility ENECO and the Danish utility DONG Energy. In addition to the main components – gas turbine, steam turbine and generator – Siemens will also supply the entire electrical and I&C systems and hand over the power plant as a turnkey installation. Siemens will also handle plant maintenance over the long term.

High-efficiency combined cycle power plants are an important feature of Siemens environmental portfolio, with which revenue totaling almost €19 billion was posted in fiscal 2008. That is equivalent to around a quarter of Siemens total revenue and makes Siemens the world’s leading green infrastructure provider.

The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas. In fiscal 2008 (ended September 30), the Energy Sector had revenues of approximately EUR22.6 billion and received new orders totaling approximately EUR33.4 billion and posted a profit of EUR1.4 billion. On September 30, 2008, the Energy Sector had a work force of approximately 83,500. Further information is available at: www.siemens.com/energy.