Siemens wins Balearics power network contract
 
                            Oct 8, 2007 - Datamonitor
                            The Power Transmission and Distribution 
                              Group of Siemens has won a contract from Spanish 
                              network operator Red Electrica de Espana to connect 
                              the Balearic Islands to the Spanish mainland's power 
                              network.
                             Starting in May 2011, the project 
                              will ensure that the tourist island's peak energy 
                              demand, especially during the main vacation period, 
                              can be covered by electricity imports based on environmentally 
                              friendly technology and without having to construct 
                              new power plants. The order for Power Transmission 
                              and Distribution (PTD) is valued at roughly E100 
                              million. 
                            Pamela Knapp, member of the group 
                              executive management at Siemens PTD, said: "Winning 
                              a third order of this kind in Europe within half 
                              a year clearly shows the high level of acceptance 
                              of our technology among power network operators." 
                            
                            Creating a link between Morvedre located 
                              near Valencia on the mainland and St Ponsa near 
                              Palma de Mallorca will reduce emissions of climate-damaging 
                              CO2 by 1.2 megatones. This is how much of the gas 
                              would be produced otherwise, for example, by the 
                              construction of a new petroleum-fired 400MW power 
                              plant on Majorca. 
                            The new link engineered by PTD is 
                              based on high-voltage direct current transmission 
                              (HVDC) technology, which is also being used to transmit 
                              power between Holland and Britain as well as in 
                              the Storebaelt HVDC link between the Danish islands 
                              of Fuen and Zealand.