In contrast to the current trend of converting waste heat into electricity in the small power range below 100 kWel by means of an ORC plant, the authors are pursuing the concept of a micro steam power plant equipped with a micro turbine. Water avoids many of the problems often associated with organic working fluids, such as flammability, toxicity, greenhouse gas effect and high fluid costs. However, water vapor makes turbine design more challenging. The physical reasons for this are repeated, and thereby it becomes clear why a velocity compounded two wheel Curtis turbine has been chosen. The used in-house 1D turbine design tool is briefly introduced. More focus is put on the shortcomings of the implemented 1D loss model and their negative impact on the current turbine design. Consequently, the authors continued actual turbine design by a parameterized approach in 3D CAD/CFD. This approach is explained, and finally, the CFD flow field and the performance maps of the designed turbine are discussed. The turbine is currently under construction and will be installed in 2022 in a waste heat recovery (WHR) plant in Nuremberg/Germany.