Siemens Energy

Siemens Energy AG is an energy company formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa.

Christian Bruch is the CEO, and the former CEO of Siemens AG, Joe Kaeser, is the chairman of the supervisory board.

At an Extraordinary Shareholders' Meeting of Siemens AG on July 9, 2020, its shareholders approved the split-up of the company. Trading of the shares of the new Siemens Energy AG on the Frankfurt Stock Exchange began on September 28. As of June 2023, Siemens retains a stake of 25.1% in the company.

The energy division has been an essential part of the company since the foundation of the group by Werner von Siemens and Johann Georg Halske. Important organizational milestones were the founding of Siemens-Schuckertwerke in 1903, the formation of the Power Engineering Division in 1969 in the newly founded Siemens AG, and the bundling of activities in the Siemens Energy Sector in 2008.

Siemens Energy was created as an independent company in April 2020 as a result of a renewed restructuring of the Siemens Group. Siemens transferred its energy division to the new independent company for this purpose.

Christian Bruch is CEO and the former CEO of Siemens AG Joe Kaeser is chairman of the supervisory board.

On July 9, the shareholders of the Group approved the split-up of the company, at an Extraordinary Shareholders' Meeting. Trading of the shares of the new Siemens Energy AG on the Frankfurt Stock Exchange began on September 28.

Siemens Energy's mission is to be a global leader in providing innovative solutions for a sustainable energy future. The company is committed to driving the transition towards a low-carbon, decarbonized energy landscape by developing and delivering cutting-edge technologies and services. Siemens Energy aims to enable a reliable, affordable, and environmentally responsible energy supply through its expertise in power generation, transmission, and storage. With a focus on renewable energy sources, grid optimization, and energy efficiency, the company strives to help customers and communities meet their energy needs while reducing their carbon footprint, ultimately contributing to a cleaner and more sustainable world.

At its core, Siemens Energy is dedicated to fostering a more sustainable and resilient energy ecosystem, embracing the challenges of climate change and energy security. The company's mission underscores its commitment to advancing technological innovation and creating a future where clean, affordable, and accessible energy is a reality for all, ensuring a better quality of life for people around the globe while minimizing environmental impact.

Siemens Energy envisions a future where sustainable, reliable, and efficient energy is accessible to all, fostering a world powered by clean technologies and a reduced environmental footprint. The company's vision is to lead the global energy transformation by harnessing innovation to develop cutting-edge solutions for a decarbonized world. Siemens Energy aims to create a resilient energy ecosystem where renewable energy sources, digitalization, and grid optimization work in harmony, enabling the transition to a low-carbon future while ensuring energy security and affordability for individuals, industries, and nations.

In this vision, Siemens Energy seeks to be a driving force in the global energy landscape, delivering solutions that enhance the quality of life, promote economic growth, and address the pressing challenges of climate change. Their commitment to environmental stewardship and sustainable energy practices is central to their vision, making strides towards a future where clean, sustainable energy is the foundation of a more prosperous and resilient world.

Gas Turbines and Power Plants: Siemens Energy provides advanced gas turbines and complete power plant solutions that are used for electricity generation. Their gas turbine technology is known for high efficiency and reliability, contributing to lower emissions and increased energy output.

Renewable Energy Solutions: The company offers a comprehensive portfolio of renewable energy solutions, including wind turbines, solar power components, and energy storage systems. These products enable the generation of clean energy from sources like wind and solar, reducing carbon emissions and promoting sustainability.

Grid Technology: Siemens Energy is a leader in grid technology and offers a range of products and services related to power transmission and distribution. This includes high-voltage substations, grid automation, and grid management systems, all aimed at improving the stability and reliability of energy networks.

Digital Solutions: Siemens Energy provides digital solutions and software applications that help energy operators optimize their operations, monitor equipment health, and enhance energy efficiency. These technologies are crucial for the integration of renewable energy sources into the grid.

Service and Maintenance: Siemens Energy offers a suite of services, including maintenance, modernization, and upgrades for various energy infrastructure components. This ensures the longevity and optimal performance of their equipment, reducing downtime and operational costs for their customers.

Energy Consulting: Siemens Energy provides consulting services to help organizations and governments make informed decisions about energy strategies, optimize their energy portfolios, and transition to more sustainable and efficient energy systems.

Power Transmission and Distribution Equipment: The company manufactures a range of electrical equipment, including transformers, circuit breakers, and switchgear, which are crucial components in the power transmission and distribution infrastructure.