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
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
