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The partnership highlights the global importance of tackling issues such as climate change, energy and asset security
Siemens Energy will be a lead partner at the Munich Security Conference, the premier international security policy forum, highlighting the importance of addressing energy issues that threaten global security.
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As a leading energy company, active across most of the value chain, with a focus on providing access to reliable, affordable and sustainable energy for all people, Siemens Energy is ideally positioned to provide information and participate in discussions on the issues of energy that affect humanity.
As part of the partnership, Joe Kaeser, President and CEO of Siemens AG and Chairman of the Supervisory Board of Siemens Energy AG, will serve as Chairman of the Advisory Board of the Munich Security Conference.
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In addition, Christian Bruch, CEO of Siemens Energy AG, will be appointed Chairman of the Security Innovation Council. Members of the newly founded 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 increase in the frequency and severity of natural disasters such as floods, fires and storms. Urgent development and implementation of solutions are needed before the economic, social and health impacts become much more severe and ultimately irreparable.
While progress has been made, challenges remain. 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 energy access need to be addressed, requiring geopolitical and technological solutions. But even as technology advances and interconnection increases, a host of new challenges arise. With greater reliance on digitization, physical and cyber security for energy assets is of increasing concern.
As a global energy technology company operating locally, we develop and implement national energy roadmaps and innovative solutions that help nations and businesses increase decarbonization, energy security and energy access, leading to lasting social and economic growth. . Our projects in Egypt, Iraq and Nigeria have and will decarbonize energy production, delivering lasting economic benefits. Our new and advanced technologies, such as green hydrogen production and artificial intelligence tools in the UAE, open up new industries and provide new skills, increasing efficiency and reducing emissions.
We are at a crucial time to address the energy threats that exist on Earth. We believe that challenges can only be overcome through solid partnerships. The Munich Security Conference is an excellent forum to build collaboration and develop a framework for creating and applying solutions to humanity's greatest threats.
Christian Bruch, CEO of Siemens Energy: “Climate change, access to energy and energy security are at the center of international attention. As a global energy company at the forefront of energy transformation, focused on powering society in a sustainable, efficient and affordable way, Siemens Energy is ideally positioned to partner with the Munich Security Conference.”
Ambassador Wolfgang Ischinger, President of the Munich Security Conference: “We are delighted to have won 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.”
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, thereby 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, hydrogen-powered hybrid power plants, generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in 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 technologies from Siemens Energy. Siemens Energy employs 91.000 people worldwide in more than 90 countries and generated revenue of around €29 billion in fiscal 2019. www.siemens-energy.com.
