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SIEMENS AND IBERDROLA PLAN STRATEGIC SMART GRID ALLIANCE FOR THE MIDDLE EAST

The Smart Grid Division of Siemens and the Spanish utility IBERDROLA intend to join forces in business with smart infrastructure for energy and water in the Middle East. For this purpose, the two parties have signed a memorandum of understanding stating that the parties intend to negotiate a contract for a strategic alliance. As part of this alliance, the partners plan to develop smart grid technologies for Qatar and the entire Middle East.

“Through this unique alliance, we will combine our expertise as a technology leader in the energy industry with the experience of one of the most important utilities worldwide. This gives us the opportunity to understand our customers’ requirements even better,” said Jan Mrosik, CEO of the Smart Grid Division of Siemens.

Augustin Delgado, Innovation, Environment and Quality Director at IBERDROLA: “This alliance is an extraordinary opportunity to introduce successful technological transfer projects to the region, while adding value for customers through the proven experience of two leaders in their respective sectors, such as Siemens and IBERDROLA.”

Areas in which the partners hope to cooperate include the integration of energy from renewable sources such as the sun and wind into smart grids. In addition, both parties intend to develop systems designed to balance the supply and demand for energy (demand response management). Such a balance not only ensures network stability but helps utilities by eliminating the need to draw on expensive peak-load power plants. The two parties also plan to cooperate in monitoring and controlling of the distribution grids. Here, new technologies allow for an improved integration of outage management and an advanced level of grid automation. This enables utilities to operate their grids more reliably and more efficiently.

 

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The Siemens Infrastructure Cities Sector (Munich, Germany), with approximately 90,000 employees, focuses on sustainable and intelligent infrastructure technologies. Its offering includes products, systems and solutions for intelligent traffic management, rail-bound transportation, smart grids, power distribution, energy efficient buildings, and safety and security. The Sector comprises the divisions Building Technologies, Low and Medium Voltage, Mobility and Logistics, Rail Systems and Smart Grid. For more information please visit http://www.siemens.com/infrastructure-cities

The Siemens Smart Grid Division (Nuremberg, Germany) offers power providers, network operators, industrial enterprises and cities an end-to-end portfolio with products and solutions to develop intelligent energy networks. Smart Grids enable a bidirectional flow of energy and information. They are required for the integration of more renewable energy sources in the network. In addition, power providers can run their plants more efficiently with data gained from Smart Grids. Software solutions that analyze data from Smart Grids will continuously gain importance. Thereby, the division uses in-house developments in addition to systems from software partners. For further information please see: http://www.siemens.com/smartgrid

IBERDROLA is a private sector company with over 150-year experience dedicated to energy generation, security of supply, quality and innovation. Since embarking on its growth and international expansion plan in 2001, Iberdrola has become one of the five largest European energy utilities by market capitalization, with a workforce of around 30,600 employees and nearly 32 million customers worldwide. For more information please visit: http://www.iberdrola.es/webibd/corporativa/iberdrola?cambioIdioma=ESWEBINICIO

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