Wärtsilä Energy Business main customer segments are:
- Flexible baseload
- Grid stability and peaking
- Industrial self-generation
- Oil and gas industry
Strong growth in world economy boosts the need for electricity. High oil prices and tightening environmental norms favour high-efficiency products and works in favour of Wärtsilä’s products. Electricity consumption growth rates are fairly high in the developing world and drives demand for both Wärtsilä’s heavy fuel oil and gas power plants. In the industrialized world Wärtsilä’s demand is mainly driven by the need for stable, reliable and flexible energy that Wärtsilä power plants provide.
Demand is spread evenly around the world, which reduces risks associated with geographical concentrations and single markets.