By 2035, more than 50 percent of electricity is expected to be generated by renewables. In parallel, electricity consumption is forecast to double by 2050. Megatrends such as increasing urbanization and climate change are driving the need for electrification and decarbonization. Meanwhile, new applications in software and digitalization are making grids smarter and more efficient, creating new business models.
“The question we have to ask ourselves is, are we doing enough? By taking an holistic view about the application of energy across infrastructure, technology can solve major challenges to support progress in a sustainable way. Industry and government must join together to accelerate the energy transition to help tackle climate change,” said Cedrik Neike, Member of the Managing Board of Siemens AG and CEO of Siemens Smart Infrastructure.
“Buildings, infrastructure and power grids are steadily converging, creating great opportunities for our customers at the grid edge. In support of decarbonization, the markets of energy storage, distributed energy systems and eMobility charging solutions are growing up to ten times faster than the energy supply and demand side. Siemens is uniquely positioned to connect the ecosystem of physical assets and make infrastructure smarter, creating energy-intelligent and more livable societies – supporting the increased demand for electricity in the most sustainable way possible. We want to support governments, cities and our customers to accelerate the adoption of cleaner, smarter energy,” added Neike.
During EUW, Siemens will demonstrate how to turn challenges with the energy transition into opportunities with innovative technologies and solutions. It will display customized solutions to enhance the efficiency and reliability of electrical power supply for buildings, infrastructure and for complete power grids. Visitors to the booth can witness how Siemens supports municipalities, transmission and distributions system operators, and large energy consumers with digital solutions that let them analyze and optimize their grid operations. Experts will deliver presentations on topics such as technologies for an energy-intelligent society.