Siemens Energy Statement on the SelectUSA Investment Summit

“I was pleased to be able to take part in the SelectUSA Investment Summit and share my thoughts with leaders from across the U.S. government and executives from the global business community on Siemens Energy’s commitment to partner in advancing the energy transition in the U.S.  Siemens Energy has deep roots in the United States, with our employees living and working here for more than a century.  The company has invested more than $10B in the United States since 1998. Today, the country is our largest single market and we have roughly 10,000 employees in the U.S. in 84 locations, including 26 facilities dedicated to manufacturing and production.  One quarter of the electricity produced in the United States today relies on Siemens Energy technologies.

I told participants at today’s summit that Siemens Energy is dedicated to continuing to invest in the U.S. and lead its transition to a clean energy economy, but we know we can’t do it alone.  We are working closely with our customers to create durable solutions that will be made possible by the once-in-a-generation funding created by the Bipartisan Infrastructure Law to achieve these goals. We are also working with different stakeholders to help them understand that the energy transition will not happen overnight.  We’re proud of this work with leaders in government, academia, and industry to transform our energy infrastructure. Siemens Energy is committed to leading the way through low or emission-free power generation, efficient energy transmission and storage, and reducing our CO2 footprint and energy consumption in our industrial processes.

As an example, we are developing transmission switchgear that uses clean air instead of harmful greenhouse gases for insulation, and we are converting our production lines and testing facilities in Jackson, MS to build this equipment that will make up the grid of the future.  This facility itself also just received the 2021 Pollution Prevention (P2) Recognition Award from the U.S. Environmental Protection Agency (EPA). We are also investing over $100 million in our facility in Florida that manufactures turbine blades and vanes to support our fleet of gas turbines that can run on clean hydrogen, and our wind company, Siemens Gamesa, is investing over $200 million in the first offshore wind turbine blade finishing facility in the U.S., located in Virginia.

I am proud of Siemens Energy’s legacy in the U.S. and excited about what the future holds for the country’s global leadership role as we bring more renewable energy sources online and decarbonize existing industries.  We look forward to continuing to invest in manufacturing advanced technologies here and collaborating with our customers, government leaders and other interested stakeholders on addressing the growing need for energy in a way that will make future generations proud.”