TheCable

Siemens Energy is hosting a virtual conference to discuss the opportunities and the challenges faced by stakeholders in the energy industry amid continued efforts to improve access to energy and meet growing demand.

The conference is organised in partnership with the Association of German Chambers of Industry and Commerce (DIHK); Arab-German Chamber of Commerce and Industry (Ghorfa); Global Manufacturing and Industrialization Summit (GMIS); and Masdar, a wholly-owned subsidiary of the Abu Dhabi government’s Mubadala Investment Company.

The conference will hold between October 19 and October 21.

According to a statement signed by Robin Zimmermann, head of communications, Siemens Gas and Power GmbH & Co. KG, the speaker line-up features regional ministers, CEOs, energy and finance industry leaders and Siemens Energy experts for the sessions.

The company said ministers from Benin, Iraq, Jordan, Morocco, Nigeria and the UAE will participate in the conference.

In addition, senior executives from Abu Dhabi Transmission and Despatch Company, ADNOC, Crescent Petroleum, DEWA, Euler Hermes, Masdar, Mubadala and Saudi Aramco are also said to have also confirmed their participation.

“With the long-term impacts of COVID-19 and a fundamental shift in energy markets still being realized, now is the moment for the energy industry to collaborate to realize a future that is
sustainable, efficient, affordable and accessible, in line with the ideals laid out by UN Sustainable Goal 7,” Siemens said.

Major topics to be covered at the conference include financing sustainable energy projects, integrating renewables into grids, incorporating digitalization and automaton, decarbonizing hydrocarbon intensive industries, and utilizing green hydrogen.

“Around 850 million people on our planet still lack access to reliable electricity, this must be improved,” Dietmar Siersdorfer, managing director of Siemens Energy Middle East, said.

“As an independent company, Siemens Energy has the entrepreneurial flexibility to help shape the global transformation of the energy markets in a sustainable and economically successful manner.

“But this change can only be achieved with global awareness, willingness to adapt and strong partnerships.”

Abdulaziz Al-Mikhlafi, secretary-general of Ghorfa, said: “Shaping the path of the energy transition, could be realized only via dialogue and addressing challenges, to ensure sustainable transformation and support the economic recovery following COVID-19”.

Badr Al-Olama, head of the organising committee for GMIS, said discussions must be turned into action to ensure that humanity gets ahead of global issues like climate change.