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Press Release01 December 2022Siemens Energy and Georgia
TechOrlando
Siemens Energy and Georgia Tech Announce Signing of Master Research Agreement to Focus on Energy Technology Development
“At Siemens
Energy, we always say that when it comes to enabling the energy transition, we
can’t do it alone,” said Rich Voorberg, president, Siemens Energy North
America. “Georgia Tech is one of the
leading research institutions in this country, and we are proud to continue to
build on our strong relationship to deliver innovative solutions in support of
clean, reliable, economically viable energy systems.”
“Georgia Tech is honored to work with our longtime partner Siemens
Energy on research central to the future of energy and sustainability,” said
Chaouki T. Abdallah, executive vice president for Research at Georgia Tech. “We
are pleased to build on our decades of work together and we look forward to
collaborating on solutions that will expand economic opportunity, address
existential challenges, and improve human lives.”
The first project under the agreement will focus on
technologies to enable the flexible use of hydrogen-based fuels and reduce the
carbon footprint of other energy sources.
In the future, joint projects may focus on government-funded projects,
particularly those related to the development of the hydrogen economy. The
agreement will also allow Georgia Tech to conduct contract work in support of
Siemens Energy-led research projects, and Siemens Energy to more effectively
serve as an industrial advisory board member for Georgia Tech’s research
initiatives.
“We are beyond excited to
enter into this important partnership with Siemens Energy,” said Tim Lieuwen,
professor and executive director for the Strategic Energy Institute at Georgia
Tech. “Siemens Energy will enable us to make good on our mission to integrates
energy activities across the nation's largest technology university – from
generation, to distribution, to use.”
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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 around 91,000 people worldwide in more than 90 countries and generated revenue of €28.5 billion in fiscal year 2021.
The
Georgia Institute of Technology, or Georgia Tech, is a public research university developing leaders who advance technology and improve the human condition. The Institute offers business, computing, design, engineering, liberal arts, and sciences degrees. Its nearly 44,000 students representing 50 states and 149 countries, study at the main campus in Atlanta, at campuses in France and China, and through distance and online learning. As a leading technological university, Georgia Tech is an engine of economic development for Georgia, the Southeast, and the nation, conducting more than $1 billion in research annually for government, industry, and society.