A key milestone on the way to independence: Siemens Energy presented its new management team to its employees today. In addition to an Executive Board, the company will have an expanded international management team, the Group Management Committee. Once Siemens Energy becomes a legally separate entity, this team will be instrumental in implementing the company’s strategic approach. “Announcing the management team is a further critical step on the way to becoming an independent company and an energy pure play. It will enable Siemens Energy to further develop its management system and then focus fully on the requirements of its customers and markets,” said Joe Kaeser, President and CEO of Siemens AG.
- Pakistan’s K-Electric awarded Siemens and China’s Harbin Electric International a contract to build a 900-megawatt combined cycle power plant at the Bin Qasim Power Complex in Karachi
- Siemens to supply two F-class gas turbines, steam turbines, generators and condensers
Siemens along with partner Harbin Electric International, signed an agreement with K-Electric to build a 900-megawatt combined cycle power plant at the Bin Qasim Power Complex in Karachi.
- Helmuth Ludwig to leave the company at his own request
- Siemens’
IT organization to support Vision 2020+ execution
At the
beginning of 2020, Hanna Hennig (50) will become the new Chief Information
Officer (CIO) at Siemens. In this capacity, she will be responsible for the
company’s global IT organization and will report directly to Roland Busch, Deputy
CEO of Siemens. Hennig is currently still CIO at Osram Licht AG in Munich. She will
succeed Helmuth Ludwig (57), who will leave the company at his own request and
by mutual agreement at the end of December 2019. Ludwig has been working at
Siemens for about 30 years in a variety of roles inside and outside Germany. In
the future, he will be dedicating more time to teaching at Southern Methodist
University in Dallas, Texas (USA), where he has been an adjunct professor for international
corporate strategy for the past six years.
- Business to be officially renamed as
of April 2020
- Employees’ favorite selected
At an internal management conference, Siemens today announced the name of the new energy company that it is creating. The business, which combines the worlds of conventional and renewable energy and is to become an independent company in the future, is to be called Siemens Energy. The new name will officially take effect once the energy business becomes a separate legal entity, which is expected to happen in April 2020. Siemens Energy is to be spun off as a publicly listed company by September 2020. Its offerings will address a significant portion of the value chain across the oil and gas, power generation, and power transmission segments, including the related service activities. On a pro-forma basis, Siemens Energy generates about €27 billion in revenue and has some 88,000 employees worldwide as well as an order backlog of €70 billion. Today, 20 percent of the world’s energy supply is already based on Siemens technology.
- Power plants Termoeléctrica del Sur, de Warnes, and Entre Ríos inaugurated in August and September
- Upgrade to combined cycle power plants increase the generation capacity by one gigawatt
- Expansion provides reliable energy supply and will allow export of value-added products
With the official inauguration of the Termoeléctrica de Warnes power plant in mid-September, all three power plants in Bolivia were inaugurated within a few weeks in August and September. Since the contract signing in 2016, Siemens has expanded Bolivia’s three largest thermal power plants to efficient combined cycle mode. The power plants are owned and operated by Ende Andina SAM. Together, all three add more than one gigawatt of electrical power to its current maximum capacity and to the Bolivian national grid.
- Unique test facility comprising a bioreactor and
electrolyzer under construction in Marl (Germany)
- High-value specialty chemicals produced from CO2
and water using electricity from renewable sources and bacteria
- Rheticus
II will receive funding of around €3.5 million from Germany's Federal
Ministry of Education and Research
Evonik and Siemens today
launched their joint research project Rheticus II. The goal is to develop an
efficient and powerful test plant that will use carbon dioxide (CO2) and water as
well as electricity from renewable sources and bacteria to produce specialty
chemicals. In the Rheticus I project, the two companies worked
for two years to develop the technically feasible basis for artificial
photosynthesis using a bioreactor and electrolyzers. Evonik and Siemens are now
combining these two, previously separate, plants in a test facility at Evonik’s
site in Marl (Germany). Rheticus II will run until 2021 and will receive
funding of around €3.5 million from Germany’s Federal Ministry of Education and
Research (BMBF).
Siemens and Materials Solutions - a Siemens Business - officially opened a new, highly advanced innovation center this week in Orlando, Florida. The center is the only one of its kind in the U.S. to offer a unique pairing of design with manufacturing, implementing robotics, rapid prototyping, scanning, digital tools and on-site metal additive manufacturing. The Siemens innovation center will focus on rapid problem solving supporting the company’s energy businesses, while Materials Solutions will offer additive services to support the innovation center and external customers.
- Assesses the utility industry’s risk, readiness, and solutions to secure operational technology on the grid and recommends action to help utilities combat cyber threats
- Results show risk is worsening, with potential for severe financial, environmental and infrastructure damage
- 54 percent of those surveyed in the utilities industry expect an attack on critical infrastructure in the next 12 months
Siemens and the Ponemon Institute today released a new report
that assesses the global energy industry’s ability to meet the growing threat
of cyber attacks to utilities and critical infrastructure connected to the
electrical grid. The report – Caught in the Crosshairs: Are Utilities
Keeping Up with the Industrial Cyber Threat? – details the utility
industry’s vulnerability to cyber risk, readiness to address future attacks,
and provides solutions to help industry executives and managers better secure
critical infrastructure. The results of the report were released at a forum
hosted by the Atlantic Council in Washington, D.C. focused on the growing
national, economic, and energy security threat that cyber attacks pose to the
utility industry.
- Siemens will act as general contractor for turnkey construction of a 250 MW combined cycle power plant
- Two new long-term service agreements
- Total value approximately €290 million
Siemens Gas and Power and PJSC Kazanorgsintez, one of Russia's largest chemical companies, signed a contract for the turnkey construction of a 250 megawatt (MW) combined cycle power plant in Tatarstan. Commercial operation is planned to being in 2023. Siemens also signed two service contracts, one with Kazanorgsintez for the new plant and one for a 495 MW power plant with Siemens equipment owned by PJSC Nizhnekamskneftekhim. Both companies are part of the TAIF Group. The total value of all three contracts is approximately €290 million.