Hydro*

We change the world with renewable power solutions.

ANDRITZ is a global leader in supplying electromechanical equipment and services for hydropower plants in the global renewable energy market. With over 180 years of experience and an installed capacity of about 480 GW worldwide, the business area provides complete solutions for new and existing hydropower plants of all sizes. Services offered range from plant diagnosis, rehabilitation, modernization and upgrade to the operation and maintenance of entire hydropower plants. Turbo generators and synchronous condensers complete the business area’s portfolio.

* At the beginning of 2024, the “Hydro” business area was renamed “Hydropower”

HYDROPOWER SCORES

As the largest source of renewable electricity, hydropower stands to benefit from global megatrends including the energy transition and the battle against climate change.

Our solutions focus on increasing the efficiency of hydropower plants, which not only reduces energy losses but also minimizes the plants’ environmental footprint. Hydropower’s reliability and flexibility, combined with the ability to store large amounts of energy for long periods, make it an optimal complement and backup for variable renewables like wind and solar. Pumped storage is the world’s largest energy storage technology, accounting for some 85% of installed global electricity storage capacity. This puts it far ahead of lithium-ion and other battery types.

Our innovations in this sector underscore our commitment to sustainable energy production – a crucial element in combatting climate change. Additionally, our work in developing fish-friendly hydropower technology supports biodiversity conservation, highlighting our dedication to environmental stewardship.

Key figures

	Unit	2023	2022	2021	2020	2019
Order intake	MEUR	2,020.9	1,720.5	1,565.2	1,335.4	1,350.2
Order backlog (as of end of period)	MEUR	3,398.8	2,878.4	2,747.8	2,587.9	2,661.0
Revenue	MEUR	1,521.7	1,313.0	1,345.1	1,296.0	1,470.7
EBITDA	MEUR	113.9	107.7	133.0	98.5	134.1
EBITDA margin	%	7.5	8.2	9.9	7.6	9.1
EBITA	MEUR	88.1	72.3	95.4	62.0	105.9
EBITA margin	%	5.8	5.5	7.1	4.8	7.2
Capital expenditure	MEUR	35.6	22.8	28.7	29.7	51.8
Employees (as of end of period; without apprentices)	-	5,782	6,102	6,628	6,941	7,202

OPTIMAL SUPPORT FOR THE ENERGY TRANSITION

Hydropower is a mature and established technology. Continuous improvement and further development are required to ensure that we stay abreast of the constantly changing operating requirements on the global market and support the energy transition effectively and sustainably. R&D is an essential part of this, and represents a solid foundation for ANDRITZ to provide customers with the best and most modern equipment.

(View into the Rumitzgraben with photomontage of the upper reservoir) / ANDRITZ has received an order from the Upper Austrian company Energie AG to supply the electromechanical equipment for the new Ebensee pumped storage power plant. This groundbreaking project represents a significant step towards climate neutrality. The advanced pumped storage plant will act as a green battery by balancing fluctuations in power generation from wind and solar plants, thus ensuring security of supply for the population.

More than

180 years’

EXPERIENCE IN TURBINE DESIGN

More than

33,000

TURBINE UNITS DELIVERED

About

480 GW

OF INSTALLED AND MODERNIZED POWER CAPACITY FROM ANDRITZ HYDRO

THE AMAZING POWER OF HYDROPOWER

Hydropower is

…the single largest renewable electricity source. Around 50% of all renewable electricity is generated from hydropower.

…a complement for variable renewables

Hydropower represents an excellent balance for variable renewables like wind and solar, thanks to its flexibility and energy storage services.

…pollution free

Using hydropower instead of fossil fuels to generate electricity helped to avoid more than 100 billion tons of carbon dioxide in the last 50 years alone.

< Metals

Separation >