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Siemens Carbon Capture Technology March 2011 Siemens Energy Sector Fossil Division New Technologies Siemens AG 2011 Energy Sector

Siemens preferred solutions for CO 2 capture IGCC / Pre-combustion carbon capture Technology units proven or ready, integration in new build IGCC plants Gasification technology with multi-fuel capability Scrubbing Technologies from oil & gas F-class LC Gas Turbine Alternative route for chemical / fuel production / SNG and hydrogen economy Mastering technological / contractual complexity. Post-combustion carbon capture Scalable market introduction, for new build and retrofit power plants Enhancement potential for solvents, scrubbing process and for integration into the power plants Siemens has developed proprietary process based on amino acid salt formulations (PostCap) Preferred solution for CCS demo projects Mastering scale-up from pilot to demo plant. Siemens Fuel Gasifier Page 2 Siemens IGCC technology applied in Puertollano (E) Siemens scrubbing process test lab Post-Combustion carbon capture plant design Siemens solutions are ready for the implementation in the upcoming CCS demonstration projects.

Siemens Post-Combustion Carbon Capture Technology for Steam Power Plants CO 2 Absorption, Desorption is proven technology in chemical processing and oil & gas industry SIEMENS PostCap Process based on: AMINO ACID SALT Formulations SPP with PostCap Process validated in pilot plant Page 3

Requirements for best in class carbon capture technology, e.g. Post Combustion. Zero emission solvent, no additional washing steps required State of the art reclaiming system with very limited solvent losses Limited solvent degradation (O 2, SO x, NO x, thermal) Energy consumption for regeneration < 2.7 GJ/tCO 2 Optimal integration in power plant < 6% efficiency drop < 30min response time to full capacity in gas-fired CCPP Page 4

Siemens lab plant for CO 2 capture tests at Frankfurt Hoechst Industrial Park Desorption column Synthetic gas flue gas mixtures Reboiler made of glass so that boiling retardation effects can be recognized Absorption column with operating pressure up to 10 bar Siemens Energy runs a fully automated lab plant for CO 2 capture for 24/7 test operation. Fully automated DCS system NDIR CO 2 analytic Page 5

Siemens CO 2 Capture Process Based on Amino Acid Salts K + O - O C R C H N H R Solvent slip nearly zero, no additional washing unit required Amino acid salt Salts have no vapor pressure No thermodynamic solvent emissions Not flammable Not explosive Odorless No inhalation risk Chemically stable, low degradation (O 2 ) Naturally occurring Environmental Friendly Low Energy Demand 2.7 GJ / ton CO 2 The efficiency is < 6 %-pts. lower than the reference hard-coal fired power plant*, w/o CO 2 compression. Page 6 *SSP5-6000 (800 MWel,net, 600 C/610 C/270bar)

Upscaling: Lab to Pilot Plant Carbon Capture Pilot Plant at E.ON SPP Staudinger Flue gas downstream of FGD (140 Nm 3 /h) Footprint of capture plant for 800 MW SPP, approx.: 25,000 m 2 FGD CO 2 Absorber/ Desorber Upscaling via slipstream demo plants Start of operation September 2009 Status March 2011: > 3,500 operating hours Page 7

DOE-funded Pilot Plant in the USA Operation start planned mid 2012 CCS Pilot Plant Information and Timing Flue gas from a coal-fired power plant Pilot plant size: approx. 2.5 MW el slip stream Funding by DoE: 15 million US$ DOE award: September 2010 Project start: October 2010 Operation: mid 2012 - mid 2013 Page 8

Post-Combustion Capture for Combined Cycles Main driver for Natural Gas CCS EU legislation calls for capture ready feature for new plants with an output > 300 MW el Enhanced Oil Recovery (EOR) Post-Combustion Development Challenges Low CO 2 concentration in flue gas (3.8v-%) High oxygen content in flue gas (12.6v-%) High flue gas flow rate Operation with frequent load changes Little integration options for low temperature heat from the capture plant Siemens has adapted the PostCap process for combined cycle power plants Page 9

Siemens Power Plant and CCS Solutions Partner from process development to EPC supply Strengths Experience Environmentally friendly solvent Power Generation Integration into power plant and system optimizations Chemical Processing Oil & Gas Industry Minimizing solvent losses and emissions Efficient Green Power Plant is state-of-the-art power plant and CCS technology provider Project execution from a single point of responsibility Carbon Capture Process Development Engineering & Construction of Post-combustion Carbon Capture Demo Plant Process- and Modell- Development Piloting and Optimization FEED / Basic eng. Licensing Detail eng. Construction & Installation Comissioning Plant support Page 10

Summary Fossil fuels will maintain a big share in global electricity production and carbon capture is one important and necessary measure to cope with climate change Siemens offers an unique portfolio of high efficient power plants as well as pre- and post-combustion carbon capture solutions to reduce and/or avoid CO 2 release Post-combustion capture technology comprises a proprietary chemical absorption process which is retrofittable to coal- and gas-fired power stations The PostCap process exhibits an outstanding environmentally friendly character and is very energy efficient. The advantages of the PostCap process have successfully been verified in the Staudinger pilot plant. Siemens technology is ready to be applied in large-scale demonstration projects. Page 11

Disclaimer This document contains forward-looking statements and information that is, statements related to future, not past, events. These statements may be identified either orally or in writing by words as expects, anticipates, intends, plans, believes, seeks, estimates, will or words of similar meaning. Such statements are based on our current expectations and certain assumptions, and are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond Siemens control, affect its operations, performance, business strategy and results and could cause the actual results, performance or achievements of Siemens worldwide to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. For us, particular uncertainties arise, among others, from changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products or technologies by other companies, lack of acceptance of new products or services by customers targeted by Siemens worldwide, changes in business strategy and various other factors. More detailed information about certain of these factors is contained in Siemens filings with the SEC, which are available on the Siemens website, www.siemens.com and on the SEC s website, www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the relevant forward-looking statement as anticipated, believed, estimated, expected, intended, planned or projected. Siemens does not intend or assume any obligation to update or revise these forward-looking statements in light of developments which differ from those anticipated. Trademarks mentioned in this document are the property of Siemens AG, it's affiliates or their respective owners. Page 12