Wärtsilä Corporation Annual report 2014

Power Plants' strategy

Our aim is to be a globally recognised leader in liquid fuel and gas power plants. We will promote Smart Power Generation technology to the increasingly dynamic and environmentally conscious global energy market to enable more sustainable, affordable and reliable power systems.

Our strategy is to:

  • Maintain our leading position in heavy fuel oil & dual-fuel power plants by enhancing our value proposition, and by influencing and actively developing selected target markets
  • Grow strongly in the large utility gas power plants market by capturing market share from combustion turbines
  • Grow in the biofuel power plants market by enabling a wide range of fuels
  • Grow in special applications - LNG infrastructure, oil & gas, nuclear emergency power and combined heat and power - by introducing our value proposition to selected customer segments.

Our value proposition is based on providing solutions with guaranteed performance, high energy efficiency, and unique fuel and operational flexibility, which make them ideal for many types of energy infrastructures in varying applications. Modularity is a key enabler for ensuring cost competitive solutions in both equipment and turnkey deliveries.

The capability of our engines to run on a wide range of fuels makes it possible for us to further grow in the market for power plants using renewable fuels. Our focus is on products and projects that provide unquestionable environmental benefits and that make economic sense.

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