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Petar Šainović, Managing Director, Siemens Energy Belgrade

Driving the Energy Transition

We provide products and deliver on complex projects in power generation & transmission, and also act as an advisor to industrial companies, explains Petar Šainović, Managing Director at Siemens Energy Belgrade, noting that he is very proud of the industrial solutions provided by the company’s centre of competence

Speaking in this interview, Petar Šainović discusses smart and responsible technologies, energy transition, research, development and innovation, the future of the energy sector and efforts to make the world a better place to live.

Siemens Energy Belgrade is involved in projects related to generation and transmission of electrical energy, as well as projects in the process industry. Which sectors and markets does your company cover?

— Siemens Energy is one of the world’s leading energy technology companies. Our team in Belgrade, of more than 200 employees, works with customers and partners in Serbia and across South East Europe.

In addition, experts from the team are also working on complex projects in Northern and Western Europe, the Middle East and Africa. Our operations encompass power generation and transmission, as well as industrial solutions. I always like to underline that our local project teams deliver complex requests on a “turnkey” basis with full project responsibility. We are not only providing products and delivering on complex projects, but also acting as an advisor to industrial companies. I would also highlight our center of competence for industrial solutions, an integral part of our company in Serbia, where more than 100 experts of different engineering disciplines are involved on delivering on energy projects across the globe.

You believe that technology should always have a purpose and that investments in new technologies should be directed towards preserving the planet and natural resources. Are smart and responsible technologies more necessary today than ever before?

— We are all witnessing climate change, and I absolutely believe that environmental protection must be a priority for all of us. It’s the greatest challenge our generation faces. At Siemens Energy we’re focused on delivering on the energy transition, to reduce greenhouse gas emissions and achieve decarbonization as quickly as possible. I’m proud to work for a company whose mission is to deliver on the energy transition and support our partners through research, development, and innovation enabling energy to be reliable, affordable, and more sustainable for everyone.

Sustainable energy sources are much more present in the region today compared to ten years ago, and the fact that green hydrogen is now entering the game clearly shows that the energy sector is rapidly changing. How do you see the future of the energy sector?

— The share of energy generated from renewable sources is increasing, and this trend will continue. Generally, the energy sector is experiencing exponential growth and expansion, with a significant level of investment in development of new technologies. You mentioned green hydrogen; I believe it is one of decarbonization examples with no alternative for certain industries and types of transport. That the company I work for is one of the main drivers of this revolution and a pioneer in developing technology for generation and use of green hydrogen in industry and energy, is a source of great pride for me. Renewable capacity will meet 35% of global power generation by 2025, according to the International Energy Agency (IEA). If we take into consideration projections which foresee that global electricity demand will triple by 2050, it is not hard to imagine energy sector being the most dynamic of all in the future. In my opinion, in the coming period, we will see the energy sector development at the pace we saw in the IT sector over the past ten years.

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