Siemens Energy

The Department of Energy (DOE) will issue a notice of proposed rule-making (NOPR) to implement President Trump’s broad bulk power system (BPS) security executive order (EO) “later this fall,” a DOE official confirmed to POWER on Oct. 5. Though the NOPR is delayed beyond the 150-day timeframe set by the EO, various BPS stakeholders are […]

Entergy Corp., an integrated energy company with a 30-GW power generating fleet, took a bold step toward decarbonization on Sept. 23, announcing it would join forces with Mitsubishi Power to integrate green hydrogen into utility businesses in Arkansas, Louisiana, Mississippi, and Texas.  Entergy will focus on developing hydrogen-capable combined cycle gas turbine (CCGT) facilities and […]

Siemens announced the spinoff of its Power and Gas division on May 7, 2019. It was part of the company’s Vision 2020+ strategy. On Sept. 1, Siemens Energy laid out its post-spinoff plans during a virtual capital market presentation. Siemens Energy’s Portfolio Leading up to the event, Christian Bruch, who was appointed CEO of Siemens […]

Interest in hydrogen is growing, with demand increasing rapidly. It is clear that the next significant transformation in the energy transition will be based on the hydrogen economy, transforming green

The parent of Siemens Energy on May 26 provided details of the planned spinoff of the company’s energy business, saying 55% of Siemens Energy will be spun off to Siemens’ shareholders. The company said Siemens shareholders would automatically receive one share of Siemens Energy AG for every two shares they own of the parent, Siemens […]

Behind the digital tools that make the industrial internet of things (IIOT) in the power generation and chemical process industries are people. The upcoming Connected Plant Conference—Feb. 19–21, 2019, in Charlotte, North Carolina—will recognize the achievements of 11 individuals and companies who are fast risers in the field. Through insight and experience, these “Game Changer” champions […]