ANDRITZ annual report 2012 - ANDRITZ Vertical volute pumps
ANDRITZ annual report 2012 - ANDRITZ Vertical volute pumps
ANDRITZ annual report 2012 - ANDRITZ Vertical volute pumps
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
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.