Siemens receives third order for state-of-the-art power plant technology from South Korea
The company is supplying one H-class single shaft power plant for the Andong project
The Andong power plant will be built in the city of Andong in the north of the Gyeongsangbuk-do province. The power plant will be of single-shaft design identical to the first H-class plant Bugok III which is currently being erected by Siemens and which will be commissioned in early 2013. Siemens will build Andong CCPP on a turnkey basis as consortium leader with its partner GS E&C, and will deliver the main components - one SGT6-8000H gas turbine, one SST6-5000 steam turbine and one SGen6-2000H generator. Siemens is also supplying one Benson heat recovery steam generator, the BoP-equipment, and the SPPA-T3000 instrumentation and control system for the power plant. A ten-year term service agreement has also been signed for the main components.
The efficiency of gas-fired power plants plays an important role in South Korea as the country imports almost all of its gas as liquefied natural gas (LNG), resulting in high gas prices. The significant rise in power demand of 3.6 percent per annum accompanying South Korea's burgeoning economy can be met with the construction of modern CCPPs. To respond quickly to market demands the Andong plant - needs to be very flexible with around 250 starts per year. "That our H-class power plants are very flexible in operation, we have already proven in the world-record holder plant in Irsching, Germany," said Lothar Balling, Head of Gas Turbine Power Plant Solutions in the Fossil Power Generation Division of Siemens Energy. "This type of plant can be brought up to full load in only 30 minutes, with efficiency levels of over 60 percent net after six to eight hours shutdown - and this with a starting and operational reliability of over 98 percent."
"The Siemens H-class technology is particularly interesting for us as it associated with very high efficiency and a high level of operational flexibility. We are pleased to be able to execute this important project with such an experienced and reliable partner as Siemens," said Lee SangHo / President & CEO of Korea Southern Power Co. Ltd.
High-efficiency combined-cycle power plants (CCPP) are part of Siemens' Environmental Portfolio. In fiscal 2011, revenue from the Portfolio totaled about €30 billion, making Siemens one of the world's largest suppliers of ecofriendly technologies. In the same period, our products and solutions enabled customers to reduce their carbon dioxide (CO2) emissions by nearly 320 million tons, an amount equal to the total annual CO2 emissions of Berlin, Delhi, Hong Kong, Istanbul, London, New York, Singapore and Tokyo.
Siemens AG Energy Sector
The Siemens Energy Sector is the world's leading supplier of a complete spectrum of products, services and solutions for power generation in thermal power plants and using renewables, power transmission in grids and for the extraction, processing and transport of oil and gas. In fiscal 2011 (ended September 30), the Energy Sector had revenues of EUR24.9 billion and received new orders totaling approximately EUR31.8 billion and posted a profit of EUR3.9 billion. On October 1, 2011, the Energy Sector had a work force of more than 82,000. Further information is available at: www.siemens.com/energy.