On February 5, 2018 in Wunsiedel, Germany, Bavaria's largest battery storage system to date was dedicated by the Managing Director of Stadtwerke Wunsiedel (SWW) Marco Krasser, Secretary of State Franz Josef Pschierer, and Siemens Chief Technology Officer Roland Busch. The Siemens Siestorage system based on lithium-ion batteries has a capacity of 8.4 megawatts. It will ensure the future stability of the distributed power grid and opens up the possibility of the municipal utilities company's participation in the primary control reserve market.
Siemens held its Annual Shareholders' Meeting at the Olympia Hall in Munich on January 31, 2018.
We released our first quarter results for fiscal year 2018 on January 31, 2018. The Press Conference and the Analyst Call were broadcast live.
Industry is advancing in giant strides towards digitalization and the utilization of IoT functions and applications. With MindSphere, Siemens has developed a cloud-based open IoT operating system with high performance capability to meet this growing demand.
To provide optimum support for companies facing individual, industry-specific challenges surrounding the digital transformation, January 24, 2018 saw the launch of a worldwide IoT initiative by MindSphere users and Siemens.
Press materials on Siemens Innovation Day and "Inventors of the Year"
Digitalization is changing our world – and the world of industry – in tangible ways. The digital transformation is creating new competitive advantages and business models in many companies in the manufacturing and process industry. Machine builders and plant engineers can also take advantage of this development and make it usable for their customers. For digital enterprises systems and processes can be comprehensively and uniformly optimized throughout the entire lifecycle of products and plants. At the SPS IPC Drives in Nuremberg, Germany, from November 28 to 30, 2017 – which took place this year under the motto "Discover the value of the Digital Enterprise" – Siemens presented in hall 11 specific examples of applications to show how this can be done.
We released our fourth quarter results and preliminary figures for fiscal year 2017 on November 9, 2017. The Press Conference and the Analyst Call were broadcast live.
Distributed energy systems and digitalization are two trends that reinforce one another and are driving the transformation of the energy world. Siemens is supporting these trends in a variety of ways, including with MindSphere, its cloud-based, open, and scalable operating system for the Internet of Things (IoT). At this year's European Utility Week (EUW), which took place in Amsterdam from October 3 to 5, Siemens presented some of its highlights for this topic. As in past years, Siemens once again invited German and international energy media to a press conference at the trade show. The conference focused on the EnergyIP smart grid application platform whose applications recently began running under MindSphere as well as a new MindSphere application developed by Omnetric, a joint venture of Siemens and Accenture, for an Austrian energy provider.
At the conference, Siemens informed industry media about how MindSphere can help utilities and power grid operators monitor their grids, analyze grid data, and optimize grid operation, and also presented a new controllable and adjustable medium-voltage DC transmission system. This system was developed for gird operators who need to enlarge their infrastructure to handle the increasing volumes of power fed into the distribution system from distributed and renewable energy sources and to keep their network stable.
From 14 to 17 September 2017, representatives from the worlds of politics and industry met at the New Mobility World to shape the future of mobility across industries. The event took place within the context of the IAA 2017. Under the banner "Shaping future mobility systems – from understanding to optimizing," Siemens exhibited at Booth 39 in Hall 3.1 with an array of current applications and solutions surrounding the topics of charging technology for electric vehicles and intelligent communication systems linking vehicles and infrastructure. Siemens offers a wide range of products and solutions that help shape the future of mobility already today.
The demands on power grids are growing continuously as the portion of renewables-based and distributed energy systems is increasing. Siemens and its project partners have been decoupled the local power grid in Wildpoldsried from the main power grid. For the small community this is a milestone, for the energy transition in Germany and the ambitions worldwide to decarbonize the energy system the successful demonstration sets an exclamation mark.