We must strike the right balance, says CEO at WEC Congress
The power sector needs to juggle reliability, sustainability and affordability, says Dr Suess
Dr Michael Suess, a member of Siemens board, and chief executive of Siemens’ Energy Sector, talks to WEC Congress News How are we going to decarbonise? Global power demand is set to rise by more than half of its current level between now and 2030. If new power plants are added along familiar lines as in the past, associated carbon dioxide (CO2) emissions are likely to increase by a quarter. This development could be curbed if coal-fired power plants were replaced on a wide scale with gas-fuelled power plants by 2030. In that case, CO2 emissions in the power sector would even drop by 5% compared to today’s levels. Of course, this should only be done where it makes economic sense and with the
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
