Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Swiss Exchange  >  ABB Ltd.    ABBN   CH0012221716


Delayed Quote. Delayed  - 05/24 05:30:11 pm
24.38 CHF   +0.54%
05/24 ABB : Strengthens Commitment to Canada
05/24 ABB : strengthens commitment to Canada
05/24 ABB : to provide reliable power supply for a Canadian Data Center
News SummaryMost relevantAll newsSector newsTweets 

ABB Ltd. : 2012-12-20: ABB wins $26 million power order in Scotland

share with twitter share with LinkedIn share with facebook
share via e-mail
12/20/2012 | 01:24pm CEST

Latest 420 kilovolt (kV) gas insulated switchgear (GIS) substations to boost capacity and strengthen transmission grid

Zurich, Switzerland, Dec. 20, 2012 - ABB, the leading power and automation technology group, has won an order worth around $26 million for high-voltage gas-insulated switchgear (GIS) from SP Energy Networks, the Scottish Power company that owns and operates the power transmission and distribution network in southern Scotland.

ABB will design, supply and commission its recently introduced 420 kV GIS solutions at new substations being constructed in Hunterston and Wishaw and support the upgrade of the existing substation at Torness.

Scotland has traditionally relied on fossil and nuclear fuels and some hydroelectric sources for its electricity supply. This project is part of the government's efforts to increase the share of wind power as part of its renewables portfolio. Scotland has abundant renewable sources and met 35 percent of its electricity demand from a generation mix including hydro, wind, wave, tidal, solar and biofuels in 2011.

Renewables will continue to play a key role in the future energy mix. Scotland has an estimated 25 percent of Europe's offshore wind and tidal wave potential and 10 percent of the continent's wave energy potential. Going forward, substantial investment will be required in transmission and distribution infrastructure to integrate renewable energy sources and transport power efficiently and reliably across the country.

"These substations will help integrate and deliver clean wind energy to the people and strengthen the transmission grid in the region, said Brice Koch, head of ABB's Power Systems division. "We are pleased to support the development of Scotland's power infrastructure with some of our latest offerings."

In a power system, switchgear is used to control, protect and isolate electrical equipment, thereby enhancing the reliability of supply. With GIS technology, key components including contacts and conductors are protected with insulating gas. Compactness, reliability and robustness make this a preferred solution where space is a constraint (e.g. busy cities) or in harsh environmental conditions.

ABB's latest 420 kV GIS features a smaller footprint and also reduces the amount of SF6 insulating gas required, making it more eco-efficient. Another significant advantage is that it is factory assembled, tested, and shipped as one bay in a container instead of multiple assembly units, saving site installation and commissioning time compared with traditional designs.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs more than 145,000 people.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on ABB LTD.
05/24 ABB : Strengthens Commitment to Canada
05/24 ABB : strengthens commitment to Canada
05/24 ABB : to provide reliable power supply for a Canadian Data Center
05/24 ABB : new microgrid technology lights up rural communities and businesses
05/22 ABB : showcases investment in solar technology
05/22 ABB : plans to switch auditors to KPMG from EY
05/22 ABB :  to Propose KPMG as External Auditor from 2018
05/22 ABB : nbsp;to propose KPMG as external auditor from 2018
05/18 ABB : new microgrid technology lights up businesses and rural communities
05/17 ABB : reduces operational costs of Italian water company with energy management ..
More news
Sector news : Heavy Electrical Equipment - NEC
05/12 ALSTOM : Toronto agency inks Alstom order as possible alternative to Bombardier
04/25 Thyssenkrupp sees internet-connected elevators giving profits a lift
04/13 Dassault Aviation not in favour of Thales-Alstom rail tie-up - CEO
04/11 Siemens, Bombardier in talks about rail JV - sources
More sector news : Heavy Electrical Equipment - NEC
News from SeekingAlpha
05/23 ABB gets downgrade fresh off 52-week high
05/22 ABB plans to switch auditors
05/11 At Cognex, The Electric Eye Is Green
05/11 Perceptron Still Searching For Stability
05/10 ABB : The Worst Is Behind But The Future Is Overvalued
Financials ($)
Sales 2017 33 665 M
EBIT 2017 3 914 M
Net income 2017 2 445 M
Debt 2017 1 226 M
Yield 2017 3,12%
P/E ratio 2017 21,73
P/E ratio 2018 19,26
EV / Sales 2017 1,68x
EV / Sales 2018 1,61x
Capitalization 55 329 M
More Financials
Chart ABB LTD.
Duration : Period :
ABB Ltd. Technical Analysis Chart | ABBN | CH0012221716 | 4-Traders
Full-screen chart
Technical analysis trends ABB LTD.
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 26
Average target price 23,6 $
Spread / Average Target -5,7%
Consensus details
EPS Revisions
More Estimates Revisions
Ulrich Spiesshofer President & Chief Executive Officer
Peter R. Voser Chairman
Timo Ihamuotila Chief Financial Officer
Andy Tidd Head-Information Systems
Bazmi Rizwan Husain Chief Technology Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ABB LTD.12.90%55 517
ALSTOM18.05%7 528
ABB INDIA LTD39.25%4 922
CHINA XD ELECTRIC CO.,..-6.45%4 018
More Results