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  - 09/27 05:30:12 pm
21.77 CHF   -0.46%
09/22 ABB : wins $85 million orders to strengthen power grid in Canada
09/21DJABB Sells Unit to NKT Cables in $934 Million Deal
09/21DJABB Sells Unit to NKT Cables in $934 Million Deal -- Update
News SummaryMost relevantAll newsSector news 

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.
09/22 ABB : wins $85 million orders to strengthen power grid in Canada
09/21DJABB Sells Unit to NKT Cables in $934 Million Deal
09/21DJABB Sells Unit to NKT Cables in $934 Million Deal -- Update
09/21DJNKT Cables to Acquire ABB Cable Unit Valued at EUR836 Million
09/20 ABB : unveils innovative traction transformer reducing energy losses by up to 50..
09/16 ABB : to showcase leading-edge rail technologies at InnoTrans in Berlin
09/15 ABB : revolutionizes battery charger for all trains — size reduced by a fa..
09/14 ABB : wins $35 million substation upgrade order to strengthen southern German gr..
09/13DJActivists Want ABB to Spin Off Power Grids Unit -- Update
09/13 ABB : Cevian says ABB Power Grid spin-off would raise value for shareholders
More news
Sector news : Heavy Electrical Equipment - NEC
09/16 Exclusive - GE wins $1.9 billion order from Hinkley Point nuclear plant
09/14 ALSTOM : unions call strike over train production shutdown plans
09/13DJALSTOM : France in Talks Over Boosting Train Maker's Domestic Demand
09/13DJAlstom, France in Talks Over Boosting Train Maker's Domestic Demand
09/12DJALSTOM : France's Hollande Moves to Prevent Closure of Alstom Train Factory -Upd..
More sector news : Heavy Electrical Equipment - NEC
News from SeekingAlpha
09/27 SECTOR INVESTING : Can 1 + 1 = 3?
09/22 ABB : Power Grids Split Is Upcoming
09/21 Fresh Ideas For Making Money In China
09/21 ABB to sell cables business for $934M
09/20 Total Backs More Sunshine
Financials ($)
Sales 2016 34 356 M
EBIT 2016 3 621 M
Net income 2016 2 040 M
Debt 2016 2 325 M
Yield 2016 3,36%
P/E ratio 2016 23,48
P/E ratio 2017 19,43
EV / Sales 2016 1,52x
EV / Sales 2017 1,47x
Capitalization 49 929 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 30
Average target price 21,2 $
Spread / Average Target -6,2%
Consensus details
EPS Revisions
More Estimates Revisions
Ulrich Spiesshofer President & Chief Executive Officer
Peter R. Voser Chairman
Eric A. Elzvik 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.23.05%49 929
ALSTOM-14.79%5 816
CHINA XD ELECTRIC CO.,..0.00%3 974
WOODWARD INC22.84%3 750
More Results