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Press Release15 December 2020Siemens EnergyMunich
Siemens Energy partners with Munich Security Conference to tackle global energy issues
As a leading
energy company, working across almost the entire value chain, with a focus on
providing access to reliable, affordable and decarbonizing energy to all
people, Siemens Energy is ideally placed to provide valuable insight and
advance discussion on the energy issues affecting humankind.
As part of
the partnership Joe Kaeser, President and CEO of Siemens AG and Chairman of the
Supervisory Board of Siemens Energy AG, will be serving as the Chairman of the
Advisory Council to the Munich Security Conference.
In
addition Christian Bruch, CEO of Siemens Energy AG, will be appointed Chairman
of the Security Innovation Board. The
members of the newly founded Board will be announced at next year’s Munich
Security Conference.
Climate
change is one of the greatest existential threats to humanity, evidenced in
recent years by an amplification of global warming, as well as increasing
frequency and severity of natural disasters such as floods, fires, and storms.
The urgent development and implementation of solutions is required before the
economic, social and health impacts become too severe and ultimately
irreparable.
Although
progress is being made, challenges persist. Global energy demand continues to
grow, and around 800 million people still lack access to electricity. In many
cases decarbonizing solutions are economically still unfavorable. Energy
security and access to energy need to be addressed, requiring geopolitical as
well as technological solutions. But even as technology advances and
interconnectedness increases, a range of new challenges emerges. With greater
reliance on digitalization, physical and cyber security for energy assets is
increasingly a concern.
As a
global energy technology company which operates locally, we develop and
implement country energy roadmaps and innovative solutions, which help nations
and businesses alike to increase decarbonization, energy security and access to
energy, leading to lasting social and economic growth. Our projects in Egypt,
Iraq and Nigeria have and will decarbonize energy production while providing
lasting economic benefits. Our advanced and new technologies, such as green
hydrogen production and AI tools in the UAE, open new industries and provide
new skills whilst increasing efficiency and reducing emissions.
We stand
at pivotal moment in history to tackle earth’s existential energy threats. We
believe that the challenges can only be solved through strong partnerships. The
Munich Security Conference proves an excellent forum in which to build
collaboration and develop a framework to create and apply the solutions to
humanity’s greatest threats.
Christian
Bruch, CEO of Siemens Energy: “Climate change, energy access and energy
security are in the spotlight of international attention. As a global energy
company at the forefront of the energy transformation, focused on energizing
society, in a decarbonizing, efficient and affordable way, Siemens Energy is
ideally placed to partner with the Munich Security Conference.”
Ambassador
Wolfgang Ischinger, Chairman Munich Security Conference:
“We are
very pleased to have gained Siemens Energy as a new partner for the Munich
Security Conference. As an international driver of innovation and
transformation processes, Siemens Energy is an excellent partner for the topics
of the future at the Munich Security Conference."
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Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.
Contact
Julian Flentge
Siemens Energy
Huttenstr. 12
10553 Berlin
Germany
10553 Berlin
Germany
+49 (172) 3220445