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The Partnership Highlights The Global Importance Of Addressing Issues Such As Climate Change, Energy Security, And Asset Security
Siemens Energy will be the main partner of the Munich Security Conference, the leading forum for international security policy, emphasizing the importance of addressing energy issues that threaten global security.
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As a leading energy company operating across nearly the entire value chain, focused on providing access to reliable, affordable, and sustainable energy for all people, Siemens Energy is in the ideal position to provide insights and participate in discussions about energy issues affecting humanity.
As part of the partnership, Joe Kaeser, President and CEO of Siemens AG and Chair of the Supervisory Board of Siemens Energy AG, will serve as Chair of the Munich Security Conference Advisory Board.
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Rio Grande do Sul accelerates energy transition: State invests in renewable technologies and consolidates decarbonization strategies and pathways to attract billions in new industrial investments.
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With 160,000 m² of collectors, an area larger than 20 football fields, Silkeborg, in Denmark, hosts a solar thermal plant that heats 19,500 homes and could become the largest solar heating plant in the world.
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A study reveals the expansion of renewable energy procurement in Brazil and shows how companies are taking advantage of opportunities to reduce expenses, ensure energy efficiency, and strengthen strategic environmental commitments.
Additionally, Christian Bruch, CEO of Siemens Energy AG, will be appointed Chair of the Security Innovation Council. The members of the newly formed Council 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 the amplification of global warming, as well as the increasing frequency and severity of natural disasters such as floods, fires, and storms. Urgent development and implementation of solutions are required before the economic, social, and health impacts become much more severe and ultimately irreparable.
While progress is being made, challenges persist. Global demand for energy continues to grow, and around 800 million people still lack access to electricity. In many cases, decarbonization solutions are still economically unfavorable. Energy security and access to energy need to be addressed, requiring geopolitical and technological solutions. But even with technological advancements and increased interconnection, a number of new challenges arise. With greater reliance on digitalization, physical and cybersecurity for energy assets is becoming increasingly concerning.
As a global energy technology company that operates locally, we develop and implement national energy roadmaps and innovative solutions, helping nations and companies 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, providing lasting economic benefits. Our new and advanced technologies, such as green hydrogen production and artificial intelligence tools in the United Arab Emirates, open new industries and provide new skills, increasing efficiency and reducing emissions.
We are at a critical moment to tackle the existing energy threats on Earth. We believe that challenges can only be overcome through strong partnerships. The Munich Security Conference is an excellent forum to build collaboration and develop a framework for creating and implementing solutions to humanity’s greatest threats.
Christian Bruch, CEO of Siemens Energy: “Climate change, access to energy, and energy security are at the forefront of international attention. As a global energy company at the forefront of the energy transformation, focused on energizing society in a sustainable, efficient, and accessible way, Siemens Energy is ideally positioned to partner with the Munich Security Conference.”
Ambassador Wolfgang Ischinger, Chair of the Munich Security Conference: “We are very pleased to have secured 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 future topics at the Munich Security Conference.”
Siemens Energy is one of the world’s leading companies in energy technology. The company collaborates 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 nearly the entire energy value chain – from generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid plants operated with hydrogen, 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 leader in the renewable energy market. It is estimated that one-sixth of the electricity generated worldwide is based on Siemens Energy technologies. Siemens Energy employs 91,000 people worldwide in over 90 countries and generated revenue of around €29 billion in fiscal year 2019. www.siemens-energy.com.
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