Siemens will again take an active part in the World Future Energy Summit (WFES), the leading renewable energy conference in the Middle East. The summit, to be held from January 18-21, 2010 in Abu Dhabi, has established itself as a platform for industry leaders to present concepts and solutions for energy supply of the future.

Siemens, being aware of the challenges arising from the demand for a global reduction of carbon emissions, will present its proven, highest-efficiency industrial solutions as well as innovations for a future sustainable energy supply and smart consumption.

"Whereas the 20th century was distinguished by growing energy demand, and thus a growing consumption of fossil fuels, today at the beginning of the 21st century we face the question of how we can put our energy system on a sustainable foundation in the face of demographic change, declining fossil fuel resources and climate change", said Wolfgang Dehen, CEO of the Energy Sector and member of the Managing Board of Siemens AG. Dehen will take part in the Plenary Forum "World Future Energy Industry - Challenges and Solutions" on the first day of WFES. "An integrated energy system is needed worldwide to help master these key challenges that will make electricity the most important source of energy," added Dehen. "Besides its versatile usage, electricity allows the extensive integration of a variety of renewables and highly efficient bulk power transport over huge distances.

Desertec provides a vision for clean energy that could make a substantial contribution to sustainable power supply in the future energy mix. Siemens, with its broad portfolio of components for solar power plants, wind turbines and highly efficient power transmission, up to end-use energy efficiency would be the perfect technology partner for this trail-blazing project." As in 2008 and 2009, Siemens will be participating in the WFES with a number of top-ranking managers. Ralf Christian, CEO of the Siemens Power Distribution Division, will be hosting the Smart Grids panel. Ren Umlauft, CEO of the Siemens Renewable Energy Division, will join the panel "Towards the Low Carbon Economy - Institutional Transition and Human Capital".

Dr. Andreas von Clausbruch, Head of Financial Services Middle East at Siemens Financial Services will be there to answer any questions on financing of energy infrastructure. And Andreas Schierenbeck, CEO Siemens Building Automation, will outline how commercial used buildings can be turned into a source of energy.

Large cities, in particular, with their voracious appetite for electricity are predestinated to take a leading role in implementation of new technologies for electricity grids, building automation and technologies to reduce emissions.

Cities throughout the world are the decisive factor affecting our climate. With its unique environmental portfolio, Siemens is the perfect partner for sustainable urban development. In fiscal 2009 Siemens generated revenues of 23 billion with products and solutions from its environmental portfolio.

In 2007 the portion of the global population living in urban areas exceeded 50% for the first time. By 2030 about 60% of the world’s population will reside in cities. Conurbations already account for 75% of worldwide energy consumption and 80% of global greenhouse gas emissions. Siemens, with its products and solutions, makes a major contribution to greater environmental sustainability.
 

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