In handing over the converter for a state-of-the-art grid stabilization system for voltage regulation to the German transmission grid operator Amprion, Siemens is celebrating delivery of its one-hundredth STATCOM (static synchronous compensator) from the SVC PLUS series. The turnkey installation will be deployed in the important Kusenhorst node in North Rhine Westphalia, Germany. STATCOM systems stabilize fluctuations in the grid by absorbing or feeding in voltage-supporting reactive power, depending on the requirements. This approach significantly reduces the risk of voltage drops and blackouts. Two-thirds of the globally installed STATCOM systems with modular multilevel converter technology (MMC) are from Siemens, making the company the world market leader in this segment.
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.