Bridging the gapThe share of renewable energy continues to increase worldwide and now accounts for almost one-third of annual global electricity consumption. However, wind and solar energy are intermittent, and we don’t currently have the means to effectively store surplus electricity from these sources for distribution on overcast and windless days. Additionally, power grids were designed for a steady supply of electricity to avoid power blackouts. This is why natural gas, which burns cleaner than other fossil fuels, is an important part of the solution as a reliable complement to renewable energy.
Siemens Energy to supply gas/electric drive system for an LNG plant
Northeast Energy Center (NEC) and Chart Energy & Chemicals selected Siemens Energy to supply a gas/electric hybrid drive system for NEC’s LNG plant being built in Charlton, Massachusetts. The NEC project will be the first LNG facility in the world to feature a system of this type, which offers a significant advance in efficiency no matter the weather or temperature.
Your partner throughout the LNG value chainSiemens Energy provides integrated Gas to Power solutions throughout the LNG value chain, offering pre-FEED services, traditional equipment supply, and trusted partnerships. We collaborate with owners, developers, liquefaction licensors, and EPCs, leveraging extensive capabilities in engineering, module fabrication, digital solutions, and financing. Siemens Energy is your sustainable partner from ideation through the lifecycle of your facility.
Ocean Green: Powerful Partnership at Work
The path toward carbon-free ocean crossing
Siemens Energy, in partnership with Moss Maritime, DNV, and Fearnley LNG, has developed the next generation of LNG & Hydrogen Carriers. Ocean Green provides an advanced low-emission power and propulsion system. This hybrid combined-cycle solution utilizes a gas turbine as the main engine in combination with steam turbine and energy storage for the electrical propulsion and distribution system.
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Project Lifecycle SupportWe can help you through all the phases of your LNG project
LNG SolutionsWith the industry’s broadest range of solutions for power generation, electrification, compression, and process automation, Siemens Energy is uniquely capable of delivering fit-for-purpose equipment that matches the precise requirements of your LNG facility. Our approach focuses on helping operators reduce lifecycle costs and maximize the efficiency of their facilities by supplying optimized equipment and service packages that take into account critical project factors, such as train size, liquefaction licensor and operating environment.
Gas Turbines for LNG
Siemens Energy offers a wide range of gas turbines designed to meet the need of your specific power output. With a proven, long-term track record of successful installations around the world, our gas turbines are ideal engines for the LNG industry. These machines meet requirements for efficiency and reliability, while offering low lifecycle costs to maximize your return on investment.
BOG and Auxiliary Compression Trains
Siemens Energy offers solutions for all compression tasks at liquefaction and regasification terminals. We are one of very few companies that can provide fully integrated compression solutions with driver and all auxiliary systems on a base frame for ease of handling and reduced site installation time. The equipment we supply includes compressors for main refrigerant cycles, natural-gas booster compressors, and boil-off and end-flash gas compressors. Depending on plant design, compressors can be driven by an electrical or mechanical drive system.
With over 90% market share in cryogenic BOG compression, we have the experience to handle your most difficult application challenges.
E-houses and Modules
Siemens Energy draws on decades of experience to offer highly reliable plug-and-play modules for power generation (high-, medium-, and low- voltage power distribution) and compression for both offshore and onshore applications.
Modular construction of LNG facilities helps mitigate the risk associated with project cost overruns and schedule delays, which often occur as a result of complications during onsite construction. This has particularly been the case for module development across Asia and plants built in harsh and/or remote operating environments. Siemens Energy has extensive experience leveraging modularization to streamline development of LNG facilities and minimize overall risk to project stakeholders.
The application of digital technologies, such as artificial intelligence (AI), digital twins, and predictive analytics represents a tremendous opportunity for LNG developers and operators to improve the economic viability of their facilities. With our extensive portfolio of software and digital solutions, Siemens Energy helps LNG plant operators capitalize on Industry 4.0 by unlocking hidden value in data to generate efficiency gains, emissions reductions, and operational cost savings.
Siemens Energy offers investment and financing solutions ranging from advisory services covering the spectrum of debt offerings, to both debt and equity options to help our LNG clients address their project needs.
- Debt financing - We source commercial debt and structure Export Credit Agency covered financings to a range of project participants in corporate, structured and project finance credit structures, including Sales Related Financing.
- Equity investments - As project developer and committed equity investor, we provide the structure your project needs to excel in every phase, ensuring that you can meet your short- and long-term financial goals.
- Early-stage development - Securing adequate funding for early-stage project items is critical for Gas to Power projects. Siemens Energy selectively supports captive finance opportunities for early stage development.