Siemens AG – Division Power and Gas CO2 Capture Utilization and Sequestration (CCUS) with Siemens’ PostCapTM Technology Copyright © Siemens AG 2015 All rights reserved. Answers for energy. Content Market Development CCUS within Siemens Technology Leadership with Siemens PostCapTM Engineering Capabilities and References Business Models and Implementation Strategy PG MOP CCS Page 2 © Siemens AG 2015 All rights reserved. Unrestricted Drivers of CCUS Development: Greenhouse Gas Reduction and Enhanced Oil Recovery Picture: energy.gov “Office of Fossil Energy” Source: Siemens Demand for (fossil) electricity still growing. CO2 emissions will increase without CCUS Emissions reduction GtCO2 Nuclear Power Generation Efficiency Renewables End-use fuels switching Demand of CO2 for Enhanced Oil Recovery is increasing. Well-proven technology in USA. S. & Cent.… Middle East Africa CCS North… End-use fuel and electricity efficiency Welche Ziele? Source: IEA Technology Roadmap CCS 2013 Page 3w/o CCUS 2oC target cannot be achieved Europe &… Asia Pacific Source: BP Statistical Review 2014 50 100 Years Total world proved reserves depleted within next 50 years at current production levels PG MOP CCS Page 3 0 © Siemens AG 2015 All rights reserved. Unrestricted Top-down market estimate of CO2-EOR potential Total world proved oil reserves 1688 billion barrels (end 2013) At daily production of 87 Mio barrels oil (2013) reserves will be exhausted in next 50 year Sources: BP Statistical Review 2014 *at rates of 2013 **Enhanced Oil Recovery Page 4 CO2-EOR potential estimated at 880 billion barrels which could add further 30 years of production*. Middle East Russia Africa North America (non-US) United States Central/ Sout America Asia Pacific Europe 260 Gt of CO2 required to tap full CO2-EOR** potential (note: annual CO2 reduction by CCS in IEA’s 2oC scenario is 7 Gt in 2050) Advanced Resources International (ARI), updated Review 12/2011 of ARI Report PG MOP CCS © Siemens AG 2015 All rights reserved. Unrestricted Generation Costs of Electricity IHS CERA European LCOE 2015 LCOE - 2015 - European Union 250 Gas price - LT Gas price - Spot Brent Coal CO2 Price Capital Fixed O&M Var O&M €/MWh (real 2014) 200 Fuel 1,9 €cent/kWh 1,9 €cent/kWh 65,1 $/barrel 0,8 €cent/kWh 6,4 €/t 219 194 CO2 Admin costs 150 TOTAL 125 95 100 77 CCS 119 89 79 110 Renewables 50 0 Nuclear III+ Notes: Add notes here or delete Source: IHS CCGT (oil- CCGT CC&S Steam Coal linked gas) (oil-linked gas) Steam Coal Gas Aero CT CC&S Peak Onshore Wind Offshore Wind Solar PV © 2015 IHS CCUS is cost-competitive with other low-carbon generation options. PG MOP CCS Page 5 © Siemens AG 2015 All rights reserved. Unrestricted Content Market Development CCUS within Siemens Technology Leadership with Siemens PostCapTM Engineering Capabilities and References Business Models and Implementation Strategy PG MOP CCS Page 6 © Siemens AG 2015 2013 All rights reserved. Unrestricted Power and Gas CEO Willi Meixner Gas turbines from 100 to 400 MW Electrical generators from 25 up to 2,235 MVA Fuel gasifiers Distributed Generation (PG DG) Industrial gas Turbines from 5 to 50 MW Aero derivative gas turbines from 4 to 64 MW * Combined heat and power Steam Turbines (PG SU) Compressors (PG CP) Energy Solutions (PG ES) Steam turbines from 45 kW to 1,900 MW Steam turbines for industrial applications & power generation Turbo compressors for - Oil & Gas - Industrial applications Compressor packages incl. drives 50 HZ and 60 HZ Gas turbine power plant solutions CHP* IGCC** Repowering Integrated solar combined cycle HRSG Instrumentation and Electrical (PG IE) Control solutions Electrical solutions Energy management solutions Solutions for distributed and hybrid power generation Business Fields Large Gas Turbines, Generators (PG GT) Business Units Division Power and Gas Division Organizational structure as of October 1st, 2014 ** Integrated gasification combined cycle PG MOP CCS © Siemens AG 2015 All rights reserved. Unrestricted Siemens competencies CO2 capture and power plant integration Instrumentation & Automation CO2 Compressor Engineering competence Chemical Know-How Compression Transport Injection CO2 Capture Reference Power Plants Steam Turbines Gas Turbines Generators Power Generation Software skills PG MOP CCS Page 8 Post Combustion CO2 Capture Technology © Siemens AG 2015 All rights reserved. Unrestricted Siemens Combined Cycle: Efficiency Evolution SGT5-2000E SGT5-4000F SGT5-4000F 1992: 52 %*) 1996: 56 % 2001: 58 % Killinghome 2 x 470 MW, 2x(2+1) Basis Didcot 702 + 710 MW, 2x(2+1) - 113.000 t/a CO2 SGT5-8000H 2009: 60.75% Mainz-Wiesbaden Irsching 4 >400 MW, 1+1 - 164.000 t/a CO2 >570 MW, 1S - 212.000 t/a CO2 Reduction of CO2 emissions (scaled to 530 MW) PG MOP CCS Page 9 © Siemens AG 2015 All rights reserved. Unrestricted Chemical Engineering of Siemens in Industrial Park Hoechst (IPH) Frankfurt Siemens PostCapTM Laboratory Plant Key Figures IPH: Area: 4,6 km² Employees: 22 000 Companies: > 90 Siemens at IPH: Employees: approx. 200 Disciplines: PM, Process/ Mechanical Design… Proprietary Post Combustion CO2 Capture technology (Siemens PostCapTM), developed in Industrial Park Hoechst, now ready for large scale demonstration projects. Picture Source: http://www.horizont.net/news/media/6/Der-Industriep-Hch-zhl-zu-den-grt-Che--und-Pharmas57472.jpeg Page 10 PG MOP CCS © Siemens AG 2015 All rights reserved. Unrestricted CO2 Capture Technologies and separation methods CO2 Capture Technology Absorption Post-Combustion Pre-Combustion Oxy-Combustion Flue gas: CO2 content 4-15 vol% at atmospheric pressure Syngas: CO2 content 40 vol-% in pressurized fuel gas Flue gas: CO2 content 70 vol-% at atmospheric pressure Adsorption Condensation Membranes Cryogenic distillation Chemical looping Post Combustion based on chemical absorption is preferred technology in the upcoming demonstration projects PG MOP CCS Page 11 © Siemens AG 2015 All rights reserved. Unrestricted CO2 Reduction Potential through Siemens’ PostCap™ Technology PostCap™ Technology Validated in unit 5 of E.ON Staudinger steam power plant in Germany 700 MW CCPP in O&G Business 340 g CO2/kWh 800 MW Steam Power Plant 730-1000 g CO2/kWh approx. 1,8 Mio tons of CO2 reduction per year approx. 4,0 Mio tons of CO2 reduction per year 40* g CO2/kWh 80* g CO2/kWh *90% CO2 capture rate Page 12 Other Industrial Processes PG MOP CCS CO2 concentrations higher, CO2 quantities lower than in power generation © Siemens AG 2015 All rights reserved. Unrestricted Content Market Development CCUS within Siemens Technology Leadership with Siemens PostCapTM Engineering Capabilities and References Business Models and Implementation Strategy PG MOP CCS Page 13 © Siemens AG 2015 All rights reserved. Unrestricted Siemens Post-Combustion Carbon Capture for Fossil Fuel fired Power Plants CO2 Absorption - Desorption proven technology in chemical processing and oil & gas industry… …but special considerations for fossil power plant environment, e.g. flue gas release to atmosphere high content of oxygen easy-to-handle for power plant personnel Siemens PostCapTM Process based on: AMINO ACID SALT Formulations “Scalable” market introduction (from pilot to demonstration plant) Retrofitable to existing power plants as well as applicable to new plants Post Combustion is preferred solution for CCUS demonstration projects PG MOP CCS Page 14 © Siemens AG 2015 All rights reserved. Unrestricted Amino acid salt is the basis of our solvent Ammonia H H N H + R’ HO C O C H N H R Amino Acid C H 2 N 2 H O C R’ H C N H R Amino acid salt H HO C H - K O MEA Salts have no vapor pressure • No thermodynamic solvent emissions • Not inflammable • Not explosive • Odorless • No inhalation risk Negative ion is less sensitive to O2 • Low degradation No vapor pressure, not volatile Chemically stable Naturally present Amino acids are naturally present • Biodegradable • Nontoxic • Environmentally friendly Solvents based on amino acid salts are economic, have low environmental impact and are easy to handle. PG MOP CCS Page 15 © Siemens AG 2015 All rights reserved. Unrestricted Siemens PostCapTM Process Cleaned flue gas released to atmosphere, Nearly zero solvent slip CO2 Compression Solvent Reclaiming Amine-based capture processes have volatile solvent in exhaust gas; additional washing units required CO2 outlet (concentration > 99%) SIEMENS does not require it ! CO2 Absorption high absorption rate low degradation Flue gas inlet 40-45°C CO2 Desorption heating up solvent desorption of CO2 90-105°C 2.7 GJ per ton of CO2 captured Steam, @ approx. 120°C (from power plant) FGD polishing not required Siemens PostCapTM process based on amino acid salts is economic, has low environmental impact and easy to ©handle. PG MOP CCS Siemens AG 2015 All rights reserved. Page 16 Unrestricted Siemens’ Reclaimer Technology Proprietary Know-How Solvent degradation Solvent deactivation due to degradation (thermal, O2, NOx, SOx, etc...) High amount of solvent can be recycled Sellable Sulfur product FGD retrofit can be avoided Small amount of residue Proprietary PostCapTM reclaimer Sulfur Recovery solvent slip-stream deactivated solvent Sulfur Product (sellable) PG MOP CCS Page 17 AAS Recovery reactivated solvent back to capture process residue © Siemens AG 2015 All rights reserved. Unrestricted Solvent and process optimization for CCPP with Post Combustion capture required CCPP SPP CO2 14 vol-% 4 Lower CO2 content vol-% O2 3 12.5 Higher O2 content Lower solvent loadings and driving force Higher specific energy demand for regeneration Slower reaction kinetics Higher columns Higher solvent degradation Higher solvent consumption Amino Acid salt has low sensitivity towards Oxygen low degradation Specific Fluegas Flow kg/MWel,gross 1.0 1.6 More flue gas Larger absorber diameter Currently Post-Combustion projects for gas fired power plants under evaluation in UK, Middle East region and other countries... SPP - Steam Power Plant Page 18 CCPP - Combined Cycle Power Plant PG MOP CCS © Siemens AG 2015 All rights reserved. Unrestricted Content Market Development CCUS within Siemens Technology Leadership with Siemens PostCapTM Engineering Capabilities and References Business Models and Implementation Strategy PG MOP CCS Page 19 2013 All rights reserved. © Siemens AG 2015 Unrestricted PostCapTM Pilot Plant at E.ON Staudinger FGD Project Siemens PostCapTM Pilot Plant Location Frankfurt, Germany Customer E.ON (coal-fired power station Staudinger) Commissioning September 2009 Plant size Approx. 1 t/d CO2 captured Operating Hours > 9,000 hours Siemens PostCap™-Technology verified for coal and natural gas Simulation tools and scale up-methods validated Optimizations and adaptations ongoing CO2 Absorber/ Desorber PG MOP CCS Page 20 © Siemens AG 2015 All rights reserved. Unrestricted Masdar full-scale CO2 Capture Project Project Masdar full-scale CO2 capture project Location United Arab Emirates Customer Masdar Carbon Process Combined Cycle Power Plant Plant size 1.8 Mio tons of CO2 per year captured Commissioning FEED finalized Growing CO2 demand for EOR in the next 25-30 years in UAE, according to ADNOC estimates: 1000 MMSCFD (~ 20 Mtpa*) Masdar & ADNOC defined a CCUS strategy to enhance oil recovery and potentially increase UAE’s gas availability Siemens finalized FEED for Masdar based on PostCapTM CO2 capture technology Integration of a CO2 capture plant into an existing combined cycle power plant Steam and power supply by revamp of existing power plant (new heat recovery steam generator) *million tons per annum PG MOP CCS Page 21 © Siemens AG 2015 All rights reserved. Unrestricted Full-scale Carbon Capture Mongstad Project Project Full-Scale Carbon Capture Mongstad (CCM) Location Mongstad Refinery, Norway Customer Statoil Petroleum AS Process Combined Heat and Power Plant Plant size 1.2 Mio tons of CO2 per year captured Status TQP finalized -project discontinued by Norw. Gov. Type of Activity: Technology Qualification Program (TQP): 1. Feasibility study 2. Demonstrate process operation and specified emissions level/criteria with test-rig and pilot plant 3. Concept Phase incl. costing for design of full-scale CO2 capture PG MOP CCS Page 22 © Siemens AG 2015 All rights reserved. Unrestricted Technology Qualification Program Mongstad Pilot Plant Operation with Gas Burner FGD Flue Gas from FGD Technology Qualification 3,000 operation hours Monitoring emissions Monitoring performance CO2 Absorber/ Desorber Gas burner package unit Capture Unit Siemens PostCap™ successfully validated for application in gas fired power plant PG MOP CCS Page 23 © Siemens AG 2015 All rights reserved. Unrestricted Contract Study for Statkraft Norway Combined-Cycle Power Plant (CCPP) with PostCap Project Contract Study for CCPP in Norway Location Norway Customer Statkraft Process Combined Cycle Power Plant Plant size 1.2 Mio tons of CO2 per year captured TASK 1 Adaptation and optimization of Siemens PostCapTM process for CCPP TASK 2 Definition of capture ready CCPP and PP performance evaluation TASK 3 Evaluation of load change bevavior of CCUS-CCPP CCPP - Combined Cycle Power Plant Page 24 PG MOP CCS © Siemens AG 2015 All rights reserved. Unrestricted Wilhelmshaven Feasibility Study Project Feasibility Study Location Europe, Germany Wilhelmshaven Process 500MW Coal fired Power Plant (450 tons per hour flue gas with 21%wt CO2) Plant size 125 MW flue gas slipstream (700,000 tons per year of CO2 @ 100 bar captured) Status Design finalized for 1 train PostCapTM Plant PG MOP CCS Page 25 © Siemens AG 2015 All rights reserved. Unrestricted Feasibility Study for ROAD Maasvlakte Project ROAD Maasvlakte Feasibility Study Location Netherlands Process 1000 MW coal fired power plant (900 tons per hour flue gas with 21%wt CO2) Plant size 250 MW flue gas slipstream (1,100,000 tons per year of CO2 @ 100 bar captured) Status Design finalized for 1 train PostCapTM Plant PG MOP CCS Page 26 © Siemens AG 2015 All rights reserved. Unrestricted Feasibility Study in USA Project Feasibility Study Location USA Process 350 MW coal fired power plant (800 tons per hour flue gas with 18%wt CO2) Plant size 1,000,000 tons per year of CO2 (compression out of scope captured) Status Design finalized for 1 train PostCapTM Plant PG MOP CCS Page 27 © Siemens AG 2015 All rights reserved. Unrestricted Feasibility Study China Project Feasibility Study Location China Process New built coal fired power plant Plant size 1,000,000 tons per year of CO2 captured Status Design finalized for 1 train PostCapTM Plant PG MOP CCS Page 28 © Siemens AG 2015 All rights reserved. Unrestricted Capture Ready Design for SPP: Basis: 800-900 MWel / Internat’l Coal Capture Plant CO2compressor PG MOP CCS Page 29 © Siemens AG 2015 All rights reserved. Unrestricted Capture Ready Requirements for SPP: Plot Plan requirements including CO2 Compressor Capture plant: max: 25,000 m2 PG MOP CCS Page 30 © Siemens AG 2015 All rights reserved. Unrestricted Constructability and Maintainability for full-size CO2 capture plant validated Example photos for Tailing / Lifting using Crawler Cranes (Source: Constructability of large-scale CO2 Capture equipment extensively investigated and successfully validated. PG MOP CCS Page 31 ) © Siemens AG 2015 All rights reserved. Unrestricted Capture Ready Requirements for Steam Power Plant: technical aspects to be considered Flue gas fan Exhaust ducts • consider Δp from CO2 absorption unit • later flue gas connection to capture unit (T-branch) • upgradeable design • or additional space for installation of second fan downstream of FGD Steam turbine building sufficient space/foundation for: • modification of turbines • steam and condensate pipes Steam turbines • extraction of approx. 40 % of LP steam • turbine table needs to be designed for additional load Electrical auxiliary load sufficient space for: • additional auxiliary transformer(s) • switchyard • cable routes Cooling system FGD sufficient space for: • additional circulation pumps • service water system • sufficient cooling capacity of cooling tower • consider capacity extension in column design Plant area for capture plant sufficient space/foundation for capture plant: approx. 25,000 m² Condensate system, sufficient space for: • heat exchangers for low grade heat utilization • additional piping routes with supporting structure / racks Raw water & cooling water supply / Waste water treatment • sufficient space for enlargement • secure water utilization rights PG MOP CCS Page 32 © Siemens AG 2015 All rights reserved. Unrestricted Capture Ready Requirements for Combined Cycle Power Plant: technical aspects to be considered Stack: Consider later flue gas connection to capture unit and flue gas flow switch devices Sufficient space for modification of turbines, retrofit of steam extraction and condensate return lines 9 Air 6 Steam turbines / Reheating: Turbine building: 5 1 Auxiliary electric supply: Life steam Fuel 2 Adaptability for steam extraction; options for modification of turbines depend on required operating modes. 3 Sufficient space for additional auxiliary transfomer(s), switchgear and cable routes 10 7 11 4 Exhaust gas Gas turbine plant: Steam turbine plant: 1 2 3 4 7 8 9 10 11 12 Air intake Compressor Gas turbine Heat recovery steam generator 5 Generator 6 Transformer Steam turbine Condenser Feeding pump Generator Transformer Circulating pump 8 9 Cooling tower Condensate Cooling system: Sufficient space for additional circulation pumps and service water system, sufficient space for extension of cooling capacity Elaboration of capture ready measures requires insight into an appropriate capture process PG MOP CCS Page 33 12 Cooling air Water supply / Waste water Fresh watertreatment: Sufficient space for corresponding retrofit measures; Provision of additional water utilization rights © Siemens AG 2015 All rights reserved. Unrestricted Siemens compressors for CO2 applications Gear-type compressor compared to single shaft 2 Inline casings (12 stgs), 3 coolers, gear, VSDS Pi = 13.1 MW 100% 110,000 kg/hr VSDS + 3 coolers, 12 impellers Gear-type compressor, 1 casing, 8 stgs, IGVs 5 cooler, fixed speed motor Pi = 11.7 MW 89% 110, 000 kg/hr Intercooled integrally geared compressors fit perfectly to CO2 compression requirements PG MOP CCS Page 34 © Siemens AG 2015 All rights reserved. Unrestricted Siemens compressors for CO2 applications References – 30 Installations Worldwide 2014 Ganquanbao, China 79,000 m³/h 72 bar 15,500 kW GV (50-6) x 2 2013 Ningxia, China 136,000 m³/h 74 bar 28,200 kW GV (100-6) x 4 2010 APCI Port Arthur, USA 63,500 m³/h 157 bar 13,200 kW GV (50-8) 2010 Kemper County, USA 62,960 m³/h 150 bar 17,600 kW GV (50-8) x 2 2010 Enhance Energy, Canada 21,000 m³/h 39 bar 3,600 kW GV (16-6) 2010 Abengoa, Netherlands 26,106 m³/h 23 bar 3,350 kW GV (20-4) 2009 Chongqing, China 14,650 m³/h 29 bar 3,300 kW SH (8-8-B) 2008 Kharg 14,020 m³/h 46 bar 2,540 kW SH(8-8-B)+SV(6-6-A) 2007 Ningxia, China 83,200 m³/h 58 bar 2004 IFFCO, India 19,752 m³/h 1.8 bar 2004 Marun Petrochem 14,080 m³/h 32 bar 2004 IFFCO, India 17,165 m³/h 1.8 bar 2004 BASF, Germany 18,880 m³/h 27 bar 2,700 kW GV (10-4) 2004 QAFCO, Qatar 11,765 m³/h 26 bar 2,050 kW GV (10-4) 2002 Snohvit/Hammerfest, Norway 52,500 m³/h 62 bar 12,000 kW GV (40-6) 2001 BASF, Germany 12,170 m³/h 20 bar 1,750 kW GV (10-4) 1996 PPSL, Trinidad 18,620 m³/h 31 bar 2,750 kW SH (8-7-B) PG MOP CCS Page 35 16,900 KW GV (50-6) 470 kW GV (16-1-S) 2,800 kW SH (8-8-B) 420 kW GV (16-1-S) © Siemens AG 2015 All rights reserved. Unrestricted References Southern Company Kemper County IGCC Project Siemens awarded “First” high pressure CO2 compressors for Kemper County IGCC Project October 8, 2010, Mississippi Power (Southern Co.) gave Siemens the award and notice to proceed on the Kemper County IGCC project, CO2 compressors. One compressor will also receive a full load, full pressure test in Duisburg with the job motor. Model: STC-GV(50-8) STC = Siemens Turbo Compressor GV = integrally geared compressor 50 = frame/impeller size 8= number of stages CO2 Compressor Details Volume Flow: 483,542 lb/h Suction Pressure: 15 psia Discharge Pressure: 2,165 psia Suction Temperature: 43.0°C Compressor Type: STC-GV (50-8) Driver: EM (17.6 MW) Order Year: 2010 Compressor Type: Radial (8 stages) PG MOP CCS Page 36 © Siemens AG 2015 All rights reserved. Unrestricted References Air Products Port Arthur ICCS Project Siemens awarded high pressure CO2 compressor December, 2010, Siemens have been awarded one CO2 compressor by Air Products. The compressor will be applied in CO2 transport process for Enhanced Oil Recovery. Model: STC-GV(50-8) STC = Siemens Turbo Compressor GV = integrally geared compressor 50 = frame/impeller size 8= number of stages CO2 Compressor Details Volume Flow: 63,455 m3/h Suction Pressure: 1 bar Discharge Pressure: 157 bar Suction Temperature: 40.0°C Compressor Type: STC-GV (50-8) Driver: EM (16.3 MW) Order Year: 2010 Compressor Type: Radial (8 stages) PG MOP CCS Page 37 © Siemens AG 2015 All rights reserved. Unrestricted References Ningxia CO2 - gear-type compressor STC-GV(50-6) CO2 Compressor Details Volume Flow: 83,200 m3/h Suction Pressure: 1.2 bar Discharge Pressure: 58,1 bar Suction Temperature: 40.0°C Compressor Type: STC-GV (50-6) Driver: ST (17MW) Order Year: 2007 Compressor Type: Radial (6 stages) PG MOP CCS Page 38 © Siemens AG 2015 All rights reserved. Unrestricted References Snohvit/ Hammerfest LNG 24XT - gear-type compressor STC-GV(40-6) Package lift into the barge LNG terminal status Oct. 2006 close to Hammerfest / North Norway http://www.statoil.com/STATOILCOM/snohvit/svg02699.nsf Partial compressor view/shop testing Barge installation in Cadiz CO2 Compressor Details Volume Flow: 52.500 m3/h Suction Pressure: 1.05 bar Discharge Pressure: 61.55 bar Suction Temperature: 20.8°C Compressor Type: STC-GV (40-6) Driver: Electric Motor (12MW) Order Year: 2002 Compressor Type: Radial (6 stages) PG MOP CCS Page 39 © Siemens AG 2015 All rights reserved. Unrestricted Content Market Development CCUS within Siemens Technology Leadership with Siemens PostCapTM Engineering Capabilities and References Business Models and Implementation Strategy PG MOP CCS Page 40 © Siemens AG 2015 All rights reserved. Unrestricted Post Combustion CO2 Capture Plant Siemens Scope of Delivery (optional) Siemens Scope Optional Siemens Scope Compressor Solution (optional) Siemens PostCap™ License Package for Core CO2 Capture Island Power Plant Integration Package including: Process Design Package (mandatory) Siemens PostCap™ Reclaimer package unit Engineering Services (optional) EIA* Package for Core Capture Island Technical Field Assistance (optional) Components/Devices for Core Capture Island *Electrical/Instrumentation/Automation Siemens supplies License Package for core CO2 Capture Island and reclaimer package unit Implementation by EPC Partner ! All rights reserved. PG MOP CCS © Siemens AG 2015 Page 41 Unrestricted PostCapTM Reclaimer delivery Scope Reclaimer as transportable, skid mounted unit Consisting of standard equipment for chemical plants Partnering Siemens partners with profound experienced partners which are experienced over decades in the delivery of skid mounted units in chemical and oil and gas industry PG MOP CCS Page 42 © Siemens AG 2015 All rights reserved. Unrestricted Siemens Power Plant and CCUS Solutions – Partner from process development to project implementation Siemens Expertise PostCapTM Benefits: Good environmental performance Chemical Engineering Power Generation O&G Industry Process is “easy-to-handle” Intelligent two-step reclaimer, sellable sulfur product Low operating costs (OPEX) Optimized power plant integration Optimized electricity generation costs Optimized cost of CO2 captured PG MOP CCS Page 43 © Siemens AG 2015 All rights reserved. Unrestricted Summary Fossil fuels will maintain a big share in global electricity production, CCS is urgently needed. Enhanced Oil Recovery is providing additional revenue streams (CCUS). Siemens PostCapTM based on amino acid salt is very efficient and has good environmental rating. Siemens post-combustion CO2-capture technology successfully verified in pilot plant. Large-scale applicability of PostCapTM demonstrated in several engineering projects globally. Siemens offers License Package for PostCapTM incl. delivery of reclaimer package unit for large-scale scale projects. PG MOP CCS Page 44 © Siemens AG 2015 All rights reserved. Unrestricted Find out more about PostCap™ www.siemens.com/energy/ post-combustion-carboncapture PG MOP CCS © Siemens AG 2015 All rights reserved. Unrestricted Disclaimer This document contains forward-looking statements and information – that is, statements related to future, not past, events. These statements may be identified either orally or in writing by words as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “will” or words of similar meaning. Such statements are based on our current expectations and certain assumptions, and are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond Siemens’ control, affect its operations, performance, business strategy and results and could cause the actual results, performance or achievements of Siemens worldwide to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. For us, particular uncertainties arise, among others, from changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products or technologies by other companies, lack of acceptance of new products or services by customers targeted by Siemens worldwide, changes in business strategy and various other factors. More detailed information about certain of these factors is contained in Siemens’ filings with the SEC, which are available on the Siemens website, www.siemens.com and on the SEC’s website, www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the relevant forward-looking statement as anticipated, believed, estimated, expected, intended, planned or projected. Siemens does not intend or assume any obligation to update or revise these forward-looking statements in light of developments which differ from those anticipated. Trademarks mentioned in this document are the property of Siemens AG, it's affiliates or their respective owners. PG MOP CCS Page 46 © Siemens AG 2015 All rights reserved. Unrestricted