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Press Release17 June 2020Gas and PowerMarl
Continuing a successful partnership: A new combined cycle power plant gives Evonik a future-viable power supply
“Evonik produces sustainable and efficiency-increasing products. That is how we make a significant contribution to reducing CO2 emissions. Overhauling and retrofitting our energy infrastructure represents another way in which we are helping lower the amount of CO2 emissions,” says Rainer Fretzen, chair of the management board of Evonik Technology & Infrastructure.
“We are pleased to have won this contract. Marl VII is another milestone on the road to energy transition supported by our state-of-the-art power plant technologies, generating electricity with an overall efficiency of more than 93 percent. Siemens Energy supports the emission goals of our long-term partner Evonik, and this project will build upon our trusted collaboration,” explained Dr. Jochen Eickholt, Member of the Executive Board of Siemens Energy.
Siemens Energy will develop and build the highly efficient power plant turnkey project as the general contractor. Siemens Financial Services and the KfW IPEX-Bank will fully finance the new plant during the construction phase and after commissioning with a project volume in the lower triple-digit million Euro range.
“Our many years of financial and industrial expertise in the energy sector played a decisive role in developing a customized financing solution together with Siemens Energy and KfW IPEX-Bank for the second power plant project in a row,” says Veronika Bienert, CFO of Siemens Financial Services. “By successfully continuing this close and innovative collaboration, we were able to optimally support our customer Evonik in implementing another future-oriented energy transition project.”
The construction of the new combined cycle power plant is the second combined heat and power (CHP) project implemented this year at the Marl Chemical Park, which is Evonik’s largest site worldwide. The cornerstone for building the turnkey combined cycle power plant, known as Marl VI, was laid March 2020. With Marl VII, Siemens Energy and Evonik are now continuing their successful partnership. Once completed, Marl VI and Marl VII will be able to generate electricity with an overall efficiency of more than 93 percent and a capacity up to 270 megawatts. This is equal to the demand of approximately 750,000 households. Combined with the steam generators from the Duisburg-based Standardkessel Baumgarte GmbH, the plant will be able to generate up to 660 metric tons of process-steam per hour for the chemical park starting in 2022. Furthermore, it will continue to supply around 2,000 homes in Marl with district heat.
The power plant’s highly flexible load control system will make it possible to balance out fluctuations in the grid and even operate autonomously as an island solution in the event of a blackout on the site. This is an important and indispensable building block for the success of the energy transition.
Close to 400 gas turbines in the SGT-800 series have been sold worldwide. The entire fleet has now accumulated more than eight million operating hours. The SGT-800 is especially suitable for CHP and combined cycle applications. The gas turbine features a high degree of reliability and efficiency, achieves low lifecycle costs, and minimizes pollutant emissions. In the future, Siemens Energy plans to operate the burner of the SGT-800 gas turbine with no fossil fuels, replacing them, for example, with hydrogen.
Model showing the new, highly efficient combined cycle power plant that Siemens Energy is going to build in a resembling form at the Marl Chemical Park.
For this press release
Siemens Gas and Power GmbH & Co. KG is the global energy business of the Siemens group, which has been working with its customers on solutions for the evolving demands of industry and society for more than 150 years. With planned stock listing, Siemens’ energy business will operate independently as Siemens Energy in the future. It will offer broad expertise across the entire energy value chain, along with a comprehensive portfolio for utilities, independent power producers, transmission system operators, the oil and gas industry, and other energy-intensive industries. With its products, solutions, systems, and services, Siemens Energy will address the extraction, processing, and transport of oil and gas as well as power and heat generation in central and distributed thermal power plants, and power transmission and technologies for the energy transformation, including storage and sector-coupling solutions. The majority stake in Siemens Gamesa Renewable Energy will round out its future-oriented portfolio. With its commitment to leading the way in decarbonization of the global energy system, Siemens Energy will be a partner of choice for companies, governments, and customers on their path to a more sustainable future. With around 90,000 employees worldwide, Siemens Energy will help shape the energy systems of today and tomorrow.
www.siemens.com.
Siemens
Financial Services (SFS)
– the financing arm of
Siemens – provides business-to-business financial solutions. A unique
combination of financial expertise, risk management and industry know-how
enable SFS to create tailored innovative financial solutions. With these, SFS
facilitates growth, creates value, enhances competitiveness and helps customers
access new technologies. SFS supports investments with equipment financing and
leasing, corporate lending, equity investments and project and structured
financing. Trade and receivable financing solutions complete the SFS portfolio.
With an international network, SFS is well adapted to country-specific legal
requirements and able to provide financial solutions globally. Within Siemens,
SFS is an expert adviser for financial risks. Siemens Financial Services has
its global headquarters in Munich, Germany, and has almost 3,000 employees worldwide.
www.siemens.com/finance
Contact
Georg Lohmann
Siemens Gas and Power GmbH & Co. KG
Klaus-Bungert-Str. 6
40468 Düsseldorf
Germany
40468 Düsseldorf
Germany
+49 (172) 2124840