Company
Presentation
October 2022
Siemens Energy is a trademark licensed by Siemens AG.
© Siemens Energy, 2022
Siemens Energy is a
global leader in the
energy business
~ 1/6
91,000
of global electricity generation
is based on our technology.
employees work as a team
to energize society.1
We are present in
We invest around
> 90 countries.
€1bn annually in
research and development.
1 Number of employees as of September 30, 2021
We energize societies
across the globe
based on
01
02
03
04
October 2022
Decarbonization and Technology
We have the technologies to support our customers in transitioning
to a more sustainable world.
People and Responsibility
We have the people that turn ideas into reality to provide reliable,
affordable and sustainable energy.
Partnerships and Innovation
Together with our partners we are developing innovations
of the future.
Financing and Steering
Profitability is a prerequisite of a successful and sustainable company.
We focus on performance.
© Siemens Energy, 2022
3
01
Decarbonization and Technology
Honestly, we can’t wait for the perfect solution:
We have technologies to shape the energy
transition now.
October 2022
© Siemens Energy, 2022
4
As an integrated energy
technology company
we support our
customers along
the energy value
chain
Low- or zero-emission
power generation
Gas Services
Siemens Gamesa Renewable Energy
Transport and storage
of energy
Grid Technologies
Reducing GHG emissions
& energy consumption in
industrial processes
Transformation of Industry
October 2022
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Gas Services
Low-emission power generation
through service and decarbonization
42% of global emissions come from electricity and heat generation. If every coal-fired
power plant were to switch to natural gas, CO2 emissions could be cut in half.
Our offerings
• Zero or low emission power generation
• All gas turbines under one roof: from 4 MW to 600 MW; steam turbines
from 90 to 1,900 MW and generators from 25 to 1,300 MVA.
• Highly efficient and low-emissions gas turbines with higher ramp-rates
enable compensation of fluctuating renewables.
• Clean fuel burning capabilities for low to zero emissions and leading
hydrogen co-firing capabilities: Up to 75% hydrogen co-firing capability
today and 100% by 2030.
• Decarbonization opportunities through service offerings, modernization
and digitalization of the fleet.
• Decarbonization of heat generation with unique heat pump innovations
in high temperature and high MW segment.
Visit the website
October 2022
© Siemens Energy, 2022
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Gas Services in action
World-record performance for high
efficiency: Our HL class gas turbine
Charlotte,
North Carolina, U.S.
• Together with Duke Energy we have achieved the
GUINNESS WORLD RECORDSTM title for the “most
powerful simple cycle gas power plant”.
• Our HL-class gas turbine installed at Duke Energy’s
Lincoln Combustion Turbine Station can generate enough
energy to power more than 300,000 homes.
• The unit’s fast start and high ramp capability support the
increase in renewables, thus supporting Duke Energy’s
target of net-zero carbon emissions from electricity
generation by 2050.
Learn more
October 2022
© Siemens Energy, 2022
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Siemens Gamesa Renewable Energy
A leading position along the
entire spectrum of wind
Wind energy will provide up to 20% of the world's electricity by 2030.1
Our offerings
• Leading supplier of wind turbine technology and service solutions for onshore
and offshore wind.
• Versatile product portfolio, covering a wide range of customer requirements
and wind conditions. Output: Up to 15 MW offshore and 7 MW onshore.
• Siemens Gamesa turbines generate more than 124 GW of wind power all
over the world – enough clean energy to power 112 million households.
• 335 million tons of CO2 are avoided each year through installed wind turbines
from Siemens Gamesa, compared to fossil fuel power generation.
• Service provided for more than 84 GW of installed capacity –
on site or through digital and remote solutions.
1 Source: Global Wind Energy Council
October 2022
Visit the website
© Siemens Energy, 2022
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Siemens Gamesa Renewable Energy in action
The world’s first recyclable
wind turbine blade
Aalborg,
Denmark
• RecyclableBlade is the world’s first recyclable blade ready
for commercial use offshore and onshore.
• Together with its partner Aditya Birla Advanced Materials,
Siemens Gamesa has developed a novel recyclable epoxy
resin system that makes it possible to efficiently separate the
resin from the other components at the end of the blade’s
working life. This allows the materials to be recycled for new
applications.
• At RWE’s Kaskasi offshore wind power project in Germany,
the first RecyclableBlades were installed in July 2021
and are now delivering green energy.
Learn more
October 2022
© Siemens Energy, 2022
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Grid Technologies
Enabling a reliable, sustainable and digital grid
The rising share of renewables, growing energy demand, ageing infrastructure
and increasing complexity require new connections but also upgrade and renewal
of existing grids.
Our offerings
• The power grid is the backbone of the energy transition. Siemens Energy offers a
leading portfolio and solutions in HVDC transmission, grid stabilization and storage,
high voltage switchgears and transformers, and digital grid technology.
• High-Voltage Direct Current (HVDC) is a key enabler of the energy transition.
• With our project expertise and grid technologies know-how we provide holistic
solutions for the storage project value chain.
• F-gas-free products and eco-friendly fluids like ester.
• Next generation digital products and solutions through IoT1-connected grid devices
equipped with edge computing, analytics and Artificial Intelligence (AI).
• Service for power transmission products, systems and solutions.
1 Internet of Things
October 2022
Visit the website
© Siemens Energy, 2022
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Grid Technologies in action
Connecting New York State’s first utilityscale offshore wind farm to the grid
New York State,
United States
• First offshore HVDC grid connection project in the U.S.,
deploying a technology that will reduce transmission losses
over long distance.
• Green energy for nearly 600,000 homes in New York State.
• Sunrise Wind will support New York’s goal of 100% clean
electricity by 2040.
• With 19 offshore grid connections in the European North Sea
with a total output of 8.2 GW, Siemens Energy is leading in
offshore grid access.
Learn more
October 2022
© Siemens Energy, 2022
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Transformation of Industry
Decarbonizing the industrial sector
The industrial sector globally accounts for 30% of emissions and ~38% of energy
consumption.1 Industry needs to reduce emissions by 5 Gigatons per year.
Our offerings
• Increasing electrification and efficiency are key and demand for green H2
and derivative fuels will rise.
• We enable decarbonization of the industrial sector and the transition to sustainable
processes, building on a strong industrial customer base, a global network, diverse
technologies and integrated execution capabilities.
• Our offerings include:
• Hydrogen electrolyzers and Power-to-X-solutions – key to H2 and e-fuel production
• Integrated EAD2 solutions – critical for process optimization and electrification
• Industrial steam turbines and generators allow more energy efficient operations
• Turbo and reciprocating compressors – fundamental components for hydrogen
transport, storage, and processing
• Advanced services cover the life-time of assets
1 Source: IEA
2 Electrification, automation, digitalization
October 2022
Visit the website
© Siemens Energy, 2022
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Transformation of Industry in action
Producing green fuel
from wind and water
Punta Arenas,
Chile
• The first commercial facility to produce climate-neutral fuels
is currently under construction in the Magallanes province.
• Electrolyzers from Siemens Energy will produce CO2-neutral
fuel using low-cost green wind power.
• Production will be increased to more than 550 million liters
of e-fuels annually by the middle of the decade.
• Synthetic fuels emit 90% less CO2 than fossil fuels and can
make a key contribution to the decarbonization of
transportation.
• In addition to Siemens Energy, Porsche and HIF (project
lead), Enel, ExxonMobil, Gasco and ENAP are participating
in the Haru Oni project.
Learn more
October 2022
© Siemens Energy, 2022
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02
People and Responsibility
Honestly, technology alone won’t make
the difference: It is our people who put
sustainability into action.
October 2022
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Sustainability
is a business opportunity
and a core part of our strategy
Highlights within our
Sustainability Program
Sustainability is integrated
in business decisions
We honestly
disclose progress
• Decarbonization approach along
the value chain
• Regular progress review in Executive
Board and Sustainability Council
Annual disclosure of progress in
our Sustainability Report:
• We strive for maximum circularity
in all our products and processes
• ESG component in senior management
long-term incentives
• Health and safety management
anchored in EHS policy and certified
to ISO 45001
• ESG criteria for R&D allocation
and portfolio strategy
• Societal engagement focuses on
driving the energy transition, access
to education and sustaining
communities
October 2022
Our Sustainability Report 2021
Transparency is honored by
ESG ratings:
• €100 CO2 price in infrastructure
investments
© Siemens Energy, 2022
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Our Sustainability Program
is underpinned by
ambitious targets
Our targets
Our focus topics
Decarbonization
Decarbonizing our business
• Net zero value chain (all GHG) in line with 1.5°C
• -46% GHG in own operations by 2025,
Climate Neutral by 2030
• -30% GHG per Euro spent and -28% GHG from
products sold by 2030
• Decarbonized products, services and
solutions for customers
• Climate-neutral own operations
• Decarbonized supply chain
Gender diversity
Responsible operations
25% by 2025 | 30% by 2030
•
•
•
•
•
•
•
•
•
(share of women in top leadership positions)
Safety
Safety leader in our industry through the activities
launched within our “Zero Harm” program
Compliance
Zero tolerance towards corruption, violations of the
principle of fair competition, and other breaches of law
October 2022
Conservation of resources
Compliance & integrity
Human rights
Societal engagement
Occupational health & safety
Inclusion & diversity
People development
Employee engagement
Product stewardship
© Siemens Energy, 2022
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Our people are our
most important asset
91,000
colleagues working
in over 90 countries
19.3%
of our employees
are women
€58m
were invested in continuing
education in FY2021
2,100
trainees and working
students in Germany alone
To our job portal
October 2022
© Siemens Energy, 2022
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03
Partnerships and Innovation
Honestly, we can’t do it alone.
Innovating the energy future is too important
to be left in silos.
October 2022
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We are driving
innovation with
our partners
Innovation Centers
Four global Innovation Centers established
to drive partnerships & co-creation:
Orlando, United States of America
R&D net spending
~€1.2bn
1
Employees in R&D
4,9002
Berlin, Germany
Abu Dhabi, United Arab Emirates
Shenzhen, China
Key R&D partners
10
22
of the top 25 world-ranked
universities3
Start-ups through Siemens Energy
Ventures (external/internal)
Siemens Energy Ventures
1 FY21 (incl. SGRE) | 2 Average number in FY21 | 3 QS World
University Rankings by Subject 2022: Engineering & Technology
October 2022
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We focus on
5 fields of action
Decarbonized
Heat and Industrial
Processes
Energy Storage
Resilient Grids
and Reliability
Condition-based
Service Interventions
to shape the energy
world of tomorrow
Find out more
Power-to-X
October 2022
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Innovation in action
Closing the gap in energy
infrastructure
Ndiob,
Senegal
• In Sub-Saharan Africa, close to 600 million people lack access to
affordable, reliable and clean electricity. Most people without
electricity live in rural areas far away from the main grid.
• While solutions exist for decentralized energy generation, local
project developers have difficulty getting the necessary
financing.
• A group of Siemens Energy employees, supported by Siemens
Energy Ventures, is developing a solution to connect impact
investors with viable projects while showing the social and
environmental impact.
• As a pilot project the team realized a blockchain-based donation
platform to energize a village in Senegal together with the project
developer Africa GreenTec. A solar minigrid solution provides
electricity for up to 2,000 people. Each financier can see the
environmental impact on the platform.
Learn more
October 2022
© Siemens Energy, 2022
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04
Financing and Steering
Honestly, good ideas are not enough.
Energy security requires a strong, secure
and profitable business.
October 2022
© Siemens Energy, 2022
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As an integrated energy technology company
we aim to increase customer focus, transparency and accountability
Our operating model is focusing on
Clear Structures
Unified go to market
Operational excellence
Focused innovation
This is reflected in our new company structure
Christian Bruch
CEO
Executive Board
October 2022
Maria Ferraro
CFO
Karim Amin
Gas Services
Tim Holt
Grid Technologies
Anne-Laure
de Chammard
Transformation
of Industry
Vinod Philip
Global Functions
Jochen Eickholt
SGRE
Reporting Segments
© Siemens Energy, 2022
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Our financial performance in Fiscal Year 2021
Revenue
€28.5bn
Orders
EMEA (Europe, Middle East, Africa): €.14.1bn
(of which Germany: €2.4bn)
€33.0bn
Order backlog
€84bn
Basic earnings per share
€(0.63)
Adjusted EBITA
before Special Items
€661m
Americas: €8.1bn
(of which USA: €4.9bn)
Asia, Australia: €6.4bn
(of which China: €1.6bn)
Adjusted EBITA margin
before Special Items
2.3%
Our Annual Report 2021
October 2022
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We energize society
October 2022
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Thank you!
Stay in contact with us:
Siemens Energy on social media:
Siemens Energy AG
Otto-Hahn-Ring 6
81739 Munich
contact@siemens-energy.com
For questions about our company presentation:
CompanyPresentation@siemens-energy.com
More information can be found on our website:
siemens-energy.com
Siemens Energy is a trademark licensed by Siemens AG.
© Siemens Energy, 2022