Questions and answers
If you have any questions which are not addressed below, please contact us.
According to the International Energy Agency (source: https://www.iea.org/reports/tracking-industry), industry accounted for roughly 37 percent of global energy consumption in 2017. In many regions, companies that consistently require larger amounts of electricity, heating, steam, or cooling for industrial processes are experiencing fluctuations in power quality more and more often, and frequently face inadequate supply capacities from the grid. To cover their energy requirements, they will increasingly also become distributed energy producers with own power plants. Such power plants will have to be
- flexible, so that they can respond quickly to load changes and fluctuations caused by the growing share of renewable energy in the grid.
- efficient, to keep up with the global competition.
- reliable, in order to cover the necessary energy requirements at all times.
Decarbonization plays a decisive role, too. Thanks to their high degree of efficiency, combined cycle power plants can make a substantial contribution to emissions reduction.
The transfer of Siemens Gamesa Renewable Energy (SGRE) shares to Siemens Energy within the Siemens Group as well as the subsequent spin-off of the energy business have no impact on the listing of SGRE. In the past, Siemens held a majority stake in SGRE. Today, Siemens Energy is the majority shareholder. In a nutshell: it’s a change in ownership.
Our customers can rest assured that Siemens is fully committed to the long-term success of our business, and to remaining an important and enduring part of the energy industry. Siemens AG will remain strongly committed to this business by remaining an anchor shareholder in the new company and by continuing to support our customers, including honoring all existing guarantees and financial commitments, and offering continued support on an arms-length basis going forward.