Siemens Energy will supply a synchronous condenser system to the Electricity Supply Board (ESB), Ireland’s leading energy company. The grid stabilizing system will be developed at the Moneypoint power station located in South-West Ireland near Kilrush, County Clare. ESB recently announced the launch of Green Atlantic @ Moneypoint, an ambitious plan to transform the County Clare site into a green energy hub, where a range of renewable technologies will be deployed over the next decade with the capacity to power 1.6 million homes.
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 more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.