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Press Release28 June 2022Siemens EnergyWashington,
DC
Siemens Energy Statement on the SelectUSA Investment Summit
“I was pleased to be able to take
part in the SelectUSA Investment Summit and share my thoughts with leaders from
across the U.S. government and executives from the global business community on
Siemens Energy’s commitment to partner in advancing the energy transition in
the U.S. Siemens Energy has deep roots in the United
States, with our employees living and working here for more than a century. The company has invested more than $10B in
the United States since 1998. Today, the country is our largest single market and
we have roughly 10,000 employees in the U.S. in 84 locations, including 26
facilities dedicated to manufacturing and production. One quarter of the electricity produced in
the United States today relies on Siemens Energy technologies.
I told participants at today’s summit that Siemens
Energy is dedicated to continuing to invest in the U.S. and lead its transition
to a clean energy economy, but we know we can’t do it alone. We are working closely with our customers to
create durable solutions that will be made possible by the once-in-a-generation
funding created by the Bipartisan Infrastructure Law to achieve these goals. We
are also working with different stakeholders to help them understand that the
energy transition will not happen overnight. We’re proud of this work with leaders in
government, academia, and industry to transform our energy infrastructure.
Siemens Energy is committed to leading the way through low or emission-free
power generation, efficient energy transmission and storage, and reducing our
CO2 footprint and energy consumption in our industrial processes.
As an example, we are developing transmission
switchgear that uses clean air instead of harmful greenhouse gases for insulation,
and we are converting our production lines and testing facilities in Jackson,
MS to build this equipment that will make up the grid of the future. This facility itself also just received the 2021
Pollution Prevention (P2) Recognition Award from the U.S. Environmental
Protection Agency (EPA). We are also investing over $100 million in our
facility in Florida that manufactures turbine blades and vanes to support our
fleet of gas turbines that can run on clean hydrogen, and our wind company,
Siemens Gamesa, is investing over $200 million in the first offshore wind
turbine blade finishing facility in the U.S., located in Virginia.
I am proud of Siemens Energy’s legacy in the U.S. and
excited about what the future holds for the country’s global leadership role as
we bring more renewable energy sources online and decarbonize existing
industries. We look forward to continuing
to invest in manufacturing advanced technologies here and collaborating with our
customers, government leaders and other interested stakeholders on addressing the
growing need for energy in a way that will make future generations proud.”
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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.