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ANDRITZ annual report 2012 - ANDRITZ Vertical volute pumps

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42˚<br />

10˚<br />

8˚<br />

6˚<br />

Lorem ipsum<br />

25<br />

If the entire hydropower<br />

capacity installed by<br />

<strong>ANDRITZ</strong> HYDRO in<br />

Portugal is fully operated,<br />

it could supply power to<br />

around 1.3 million people.<br />

Ermida<br />

Ribeiradio<br />

Foz Tua<br />

Baixo Sabor<br />

Bemposta<br />

Sabugal<br />

40˚<br />

Bouca<br />

Cabril<br />

Lisbon<br />

that <strong>ANDRITZ</strong> puts together very competent teams for<br />

its projects.”<br />

With sales of more than 15 billion euros in 2011, EDP is<br />

one of Europe’s largest energy suppliers and, according<br />

to Ferreira da Costa, Portugal’s largest investor both<br />

at home and abroad. The energy giant collaborates<br />

with more than 500 companies worldwide and it also<br />

intends to expand its partnerships. <strong>ANDRITZ</strong> manager<br />

Riesterer stresses the projects’ long-term nature. This<br />

is also why the current economic and financial crisis<br />

in Portugal has not negatively impacted the order<br />

situation. But quite different obstacles still have to be<br />

overcome, says Riesterer. Even if, generally speaking,<br />

everything is always well prepared, EDP does not<br />

always find it easy to obtain all the necessary approvals.<br />

To put it mildly, Portugal is still hampered by excessive<br />

red tape. The Secretary of State for Energy, Artur<br />

Trindade, provides assurance that the government in<br />

Lisbon is aware of the problem: “In November <strong>2012</strong>,<br />

a new law came into force that should simplify the<br />

approval procedure.” The country’s entire environmental<br />

legislation is also being reviewed by the government,<br />

according to Trindade, “in order to take better account<br />

of the interests of business in general and the energy<br />

sector in particular.”<br />

Portugal has also seen protests by NGOs against<br />

large new hydropower projects. Most recently,<br />

the environmental organisation Quercus wanted to<br />

stop the Foz Tua hydropower station from being built.<br />

According to Ana Rita Antunes at Quercus, “we have<br />

laws that are excessively geared towards business<br />

interests.” However, now that the government has<br />

promised that additional requirements will be complied<br />

with, Foz Tua is being built. “Of course, projects of this<br />

Examples for hydropower<br />

plants in<br />

Portugal, equipped<br />

by <strong>ANDRITZ</strong> HYDRO.

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