“We are already on the optimal course in the Smart Grids business and will be running at top speed in the future. A new age for power supplies is dawning with Smart Grids,” said Wolfgang Dehen, chief executive officer of the Siemens Energy Sector. Siemens anticipates that orders for Smart Grid technologies will reach nearly EUR1 billion in the current fiscal year. “The Smart Grid market will see increasingly dynamic growth fueled by climate change and economic stimulus programs. We want to grow twice as fast as the overall market,” added Dehen.
“The world needs intelligent power grids in order to meet the growing demand for energy in a way that is eco-friendly and reliable. We estimate that the demand for electricity will double by 2030, due to trends like e-mobility, which is just emerging,” continued Dehen. According to studies, more than a billion tons of CO2 emissions could be abated with intelligent power networks by 2020.
