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2011/07/05

Siemens Develops Subsea Power Grid - TMCnet's Smart Grid eNews

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7/05/2011
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July 05, 2011

Siemens Develops Subsea Power Grid


Siemens (News - Alert) Oil & Gas Energy Division, based in Erlangen, Germany, has announced that its subsea power grid -- the first ever designed to supply power to oil and gas processing systems located at water depths of 3,000 meters (1.86 miles) or more -- will be available for deployment in 2012.


Siemens anticipates that the subsea power grid market will enjoy double-digit growth, to become a multibillion-dollar market in 2020.


The Oil & Gas Energy Division, a subsidiary of the global electronics and engineering company, first announced its intentions to supply power to subsea oil and gas facilities at the 2010 Offshore Technology Conference in Houston. Siemens’ subsea power grid comprises pumps and compressors, and large variable-speed drives, to transport the oil and gas from the wellhead to a processing facility... Read More



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