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Press Release28 August 2018Energy ManagementErlangen
Siemens launches Frequency Stabilizer to support power grids in milliseconds
The picture shows the Frequency Stabilizer to support power grids.
Event: Siemens at CIGRE 2018: Unlock the potential of digitalization
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Contact
Sabrina Martin
Siemens AG
Freyeslebenstr. 1
91058 Erlangen
Germany
91058 Erlangen
Germany
+49 (9131) 7-37168