SSE Thermal’s Keadby 2 Power Station in North Lincolnshire, which is currently being constructed by Siemens Energy, will contribute over £1bn to the UK economy over its lifetime, according to a new report released today.
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 91,000 people worldwide in more than 90 countries and generated revenue of around €29 billion in fiscal year 2019. www.siemens-energy.com.
About SSE Thermal SSE Thermal, part of the FTSE-listed SSE plc, is a leading developer, owner and operator of electricity generation and energy storage assets. Its portfolio includes five of the most flexible and efficient gas-fired power stations across the UK and Ireland. SSE Thermal’s vision is to become the leading provider of flexible thermal energy in a net-zero world. As part of this ambition, it has a core focus on further decarbonising its energy generation through emerging carbon capture and hydrogen solutions. Following its investment at Keadby 2, the company is in the early stages of developing Keadby 3, which could become the UK’s first power station equipped with carbon capture and storage technology by the mid-2020s. Across the Group, SSE employs 12,000 people directly across the UK and Ireland and is proud to be a real Living Wage and Fair Tax Mark accredited company. For more, visit www.ssethermal.com.