Precision Components For The Energy Transition

The machine tool industry and the energy sector have always been closely linked. Without precision-manufactured components, there would be no high-performance turbines for hydroelectric power plants, no giant hubs for offshore wind turbines, no heavy-duty valve housings for oil and gas projects—and no large-scale photovoltaic parks with high-precision support systems and mountings. As a long-standing partner to this industry, DMG MORI is very familiar with the requirements for such components. With innovative manufacturing solutions, the machine tool manufacturer is constantly breaking new ground in the production of large, complex, and difficult-to-machine components in the required quality. Dr. Markus Glose, Head of Product Management at DMG MORI, sees the collaboration as a win-win situation for both sides: "With its high standards, the energy industry influences which technologies are developed and used in machine tool manufacturing. Likewise, these advanced developments create a basis for the efficient and sustainable expansion and transformation of the energy supply."

This transformation is in full swing because the energy sector is undergoing profound change. While fossil fuels still account for a significant portion of global energy supply, renewable sources are steadily gaining ground. According to Eurostat, renewable energies already accounted for 24.5 percent of gross final energy consumption in the European Union in 2023. The offshore wind sector is growing particularly dynamically: more than 68 GW of capacity has now been installed worldwide, and a forecast by the NREL Offshore Wind Market Report sees the market growing to over USD 65 billion by 2030. Solar energy is now the strongest single technology: in 2023 alone, over 440 GW of new photovoltaic capacity was installed worldwide – a record figure that significantly exceeds the expansion of previous years (IRENA Renewable Capacity Statistics 2024). Solar energy also plays a central role in Europe – the EU Solar Energy Strategy sets out the goal of achieving around 750 GW of photovoltaic capacity by 2030, which, according to this study, is also due to waves of modernization in hydropower. This means that existing plants are being upgraded with new turbines and more efficient components.

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