NEWSIn brief...€800m contract wonThe Prysmian Group hasbeen awarded a €800mcontract, <strong>the</strong> highest valueever awarded in <strong>the</strong> cablebusiness, for <strong>the</strong> developmentof Western HVDCLink, a new submarine HighVoltage Direct Current(HVDC) interconnectorbetween Scotland andEngland. The whole turnkeyproject will be executed bya consortium of Prysmianand Siemens.[Left-to-right: Mike Smith, Kelly Ferrisand Ray Williams.Low voltage energy cable productionSuperior Essex Energy Inc., adivision of Superior Essex Inc., hasbegun commercial production ofits first product offering of lowvoltage energy cables. The initialproduct portfolio includes lowvoltage 300V and 600Vinstrumentation cables for controlsystems, audio, intercoms, energymanagement, and alarm controlsand low voltage 600V controlcables for industrial, utility <strong>power</strong>,or station control circuits. Thisfirst energy product line encompasses18 AWG through 10 AWGand multiple combinations of insulationand jacket materials,including PVC/PVC,PVC/Nylon/PVC, PE/PVC/PVC, and XLPE/PVC.“Through our energy cable product line, we are committed to helping our customersachieve <strong>the</strong>ir objectives and enhance <strong>the</strong>ir overall business by combining our tradition ofexcellent product value with superior customer service. This initial product launch is only<strong>the</strong> beginning of a plan to be a full line supplier to <strong>the</strong> energy market,” Lindsay Allen,Vice President of Marketing, tells WIP.The manufacturing plant location for <strong>the</strong>se new products is based in Tarboro, NC, USA,and is ISO 9001:2008 registered and is utilizing state-of-<strong>the</strong>-art equipment for cable production.Customers of Superior Essex Energy Inc. will also benefit from a flexible manufacturingprocess that provides short lead times for made-to-order products.Superior Essex is expanding on <strong>the</strong> success ofLS Cable & System, a worldwide leader in <strong>the</strong>global <strong>power</strong> cable market, to become a producerfor <strong>the</strong> energy industry in NorthAmerica. Superior Essex Energy Inc. is <strong>the</strong>company’s first North American location tomanufacture and commercialise <strong>power</strong> cableproducts for this industry. With a new 250,000square foot energy cable facility in Tarboro,NC, Superior Essex Energy Inc. is planning tosupply a complete range of cable products.TRIO OFAPPOINTMENTSPUTS ENERGETICSIN POLE POSITIONFOR GROWTHUtilities connections specialist, Energetics,has announced three key appointments forits Warrington office/ major depot, as <strong>the</strong>company puts plans to expand its <strong>UK</strong>-wideoperations into action.The force behind <strong>the</strong> electrical infrastructureat <strong>Media</strong>City <strong>UK</strong> in Salford,Energetics is an independent companywhich operates more 1,000 utility networksacross <strong>the</strong> <strong>UK</strong>. It is now designing andinstalling <strong>the</strong> electricity, gas and waterinfrastructure for many of <strong>the</strong> major developersacross <strong>the</strong> <strong>UK</strong> including St. Modwen,Taylor Wimpey, Barratt and Keepmoat.Kelly Ferris joins Energetics as North WestHousing Sales Manager; Mike Smith has beenappointed Industrial and Commercial SalesManager, covering <strong>the</strong> North West and WestMidlands; and Ray Williams takes on <strong>the</strong>role of Sales and Marketing Manager.Kelly Ferris brings more than seven years ofaccount management and business developmentexperience to her new role as HousingSales Manager for <strong>the</strong> North West. Based inWarrington, Kelly will build on Energetics’existing relationships with <strong>the</strong> <strong>UK</strong>’s Top 20housebuilders. Industrial and CommercialSales Manager, Mike Smith, has worked inbusiness development in <strong>the</strong> areas ofconstruction and civil engineering for morethan 26 years. He brings an extensivecontacts book to his new role, having spentdecades working with Energetics’ targetcustomers.”Sales and Marketing Manager, Ray Williams,joins Energetics with a proven track recordof producing tangible results in <strong>the</strong> energymarket. Ray will head <strong>the</strong> marketing teamto create and implement an integratedsales and marketing strategy that fits withEnergetics’ business objectives, andpositions <strong>the</strong> firm as a leading independentutility connections provider in <strong>the</strong> <strong>UK</strong>, forperformance, reliability and safety.Bill McSheffery, Major DevelopmentsManager for Energetics, said:“These keyappointments demonstrate Energetics’ongoing commitment to growth & expansion– and we are not stopping <strong>the</strong>re. From ourGlasgow headquarters, we are continuingour march down south.”10M ARCH 2012 • WORLDWIDE I NDEPENDENT P OWER
SHAREWATCHChina’s big spending plansMore than 100,000 MW of old U.S. coal-fired <strong>power</strong> plants will continue to operate until2042 ra<strong>the</strong>r than using <strong>the</strong> latest ultrasupercriticals instead, explains WIP’s Chris Hopkins.China is pushing <strong>the</strong> U.S. off <strong>the</strong>world's centre stage. This transitionis clear when one analyzes <strong>the</strong><strong>power</strong> generation plans.In <strong>the</strong> 2010-2020 timeframe, China willoutspend <strong>the</strong> U.S. on new generators byUS$550 billion. But <strong>the</strong>y will gain 496 GWof generating capacity compared to only14 GW in <strong>the</strong> U.S. These are <strong>the</strong> newconclusions in <strong>the</strong> McIlvaine Fossil &Nuclear Power Generation: WorldAnalysis & Forecast.Industrial production and energyconsumption are directly proportional.California will continue to limitconstruction of new generators within <strong>the</strong>state, but will buy enough goods fromChina to fund generation increases in thatcountry.China will build more coal generationfacilities in <strong>the</strong> decade than existed in <strong>the</strong>U.S. at its peak.The U.S. will invest US$30 billion inenvironmental controls and life extensionof its existing coal-fired <strong>power</strong> plants, butwill be handicapped by <strong>the</strong> inefficiency of<strong>the</strong>se <strong>power</strong> plants.They will burn 20% to 30% more coal perkWh than will <strong>the</strong> ultrasupercritical plantsoperating in China and Europe. The priceof coal is slated to rise substantially in<strong>the</strong> coming decade. Since coal is <strong>the</strong>largest component of generation cost, thisinefficiency will be increasingly costly.The U.S. has shale gas which will replacemost natural gas as fuel for gas turbinesin <strong>the</strong> coming years. Never<strong>the</strong>less, <strong>the</strong>rewill be only modest investment in newcombined cycle gas turbine plants through2020. The long term EIA outlook is for gasto grow from 24% of <strong>the</strong> fuel used for<strong>power</strong> generation in 2010 in <strong>the</strong> U.S. to 27percent in 2020. In <strong>the</strong> meantime, coalwill fall from 45% to 39%.It is clear that more than 100,000 MW ofold U.S. coal-fired <strong>power</strong> plants willcontinue to operate for <strong>the</strong> next 30 yearsor more. It is also clear that <strong>the</strong> U.S.Company(Currency)Monthlyshare price52 weekhigh/lowABB (CHF) 18.52 14.40/23.97Ansaldo (EUR) 9.66 8.85/11.94Atlas Copco (SEK) 148.90 98.10/161.20Caterpillar (USD) 105.82 58.06/116.55* CHLORIDE Taken overby EMERSONCummins (USD) 103.32 63.04/121.49Doosan HeavyIndustries (KRW) 56500Foster Wheeler(USD)50800/9620030.49 20.33/39.75GE (USD) 18.85 13.75/21.65John Deere (EUR) 1400 990.00/1400Kirloskar (INR) 286.60 280.00/3406.65MAN (EUR) 91.96 47.90/97.85Mitsubishi (JPY) 2000 1784/2500MTU DetroitDiesel (EUR)555.08 34.91/56.60Rolls-Royce (GBX) 645.00 533.00/674.50Siemens (EUR) 94.70 70.02/99.39Volvo Penta (SEK) 110.50 80.85/122.00Wärtsilä (EUR) 23.11 18.17/29.50would be much better off if this capacitywere <strong>the</strong> latest ultrasupercriticals ra<strong>the</strong>rthan <strong>the</strong> old designs.Even with a 25-year life <strong>the</strong> new <strong>power</strong>plant investment would be more than justified.Since <strong>the</strong>re are ways to re-<strong>power</strong>Change overmonthChangeover yearChange sinceJan. 20080.00 -16.01 % -33.62%-2.08% -12.34% +11.81%+2.62% +43.31% +68.73%+1.17% +58.64% +120.11%-1.57% +134.46% +125.56%-2.75% -25.26%-10.03% +44.78% -57.53%-3.03% +30.72% -47.87%0.00% +2.94% +13.36%-1.60% -28.71%Monthly figures taken at <strong>the</strong> end of February 2012-5.11% +73.89% +3.32%+3.96% +4.48% -15.99%+1.62% +37.42% +53.07%+2.38% +14.67% +32.65%+4.77% +27.94% +5.94%+0.09% +26.50% +23.12%-6.68% +23.03% -46.60%existing sites with <strong>the</strong> newultrasupercritcals and since <strong>the</strong>se unitswould generate environmental benefitso<strong>the</strong>rwise unattainable, <strong>the</strong>re is everyreason for <strong>the</strong>se replacements totake place.WIPW ORLDWIDE I NDEPENDENT P OWER • MARCH 201211