Siemens Energy – Energy Transition and Transition Towards Hydrogen Economy Drive Momentum

Business drivers: Siemens Energy has repositioned itself in recent years and can benefit from the accelerated transition to the hydrogen economy as a provider of large electrolyzers for the production of green hydrogen on an industrial scale. Siemens Energy is also well-positioned in so-called smart grid solutions that can balance fluctuations in electricity generation from renewable energies; thus, it should benefit from billion-dollar investments in the expansion of power grids, while its wind turbine subsidiary Siemens Gamesa is back on operational...