Siemens Will Cut 7,800 Jobs From Gas and Power

by ronfluegge 8. February 2021 14:03

Siemens Energy announced it will cut 7,800 jobs from its gas and power division by 2025 as the company attempts to be more competitive in a global energy market that is moving away from fossil fuels and toward renewable energy.

The company on Feb. 2 in its latest earnings release said it plans to jettison about one-sixth of the workforce that supplies turbines to the power generation sector. It said most of the cuts would come in the next couple of years, including about 3,000 jobs in Germany and about 1,700 in the U.S. The cuts represent about 8.5% of the company’s total global workforce.

Siemens said the majority of those being let go currently hold management or sales positions. The company Tuesday, in announcing its first-quarter 2021 fiscal year earnings, for the period ending Dec. 31, 2020, said it “will incur estimated restructuring costs in a mid- to high-triple-digit million euro range for the fiscal years 2020 to 2023.”

Christian Bruch, president and CEO of Siemens Energy AG, said, ‘The energy market is significantly changing which offers us opportunities but at the same time [it] presents us with great challenges. We will undertake these measures in the most socially responsible way possible.” Despite having to make job cuts, Bruch said, “The first quarter proves that we are on the right path to reach our annual targets. The Siemens Energy team achieved a solid start into the new fiscal year even under difficult circumstances.

“With this program we want to regain our competitiveness and financial strength to shape the energy world of tomorrow,” Bruch said. “I really believe we’re putting together a company that can shape the future of the energy market.”

The German company last year announced it would no longer take part in new tenders for coal-fired power plants, joining Toshiba, General Electric (GE), and Black & Veatch among energy companies ending investments in the coal sector.

Siemens Will Cut 7,800 Jobs From Gas and Power (



Scaling out with open source

by ronfluegge 16. January 2021 13:47

Over the past year, Microsoft saw an interesting trend on GitHub: Enterprise developer activity dropped on weekends and holidays but open source contributions jumped, suggesting that as people are “signing off” of work, they are “signing on” to open source. They saw open-source project creation jump 25% since April, year-over-year. Open source can become an outlet for creative expression, an environment and community that supports learning new skills, as well as a way to build on the shoulders of giants.

With the rising demands of new technologies and rapid time-to-market, professional developers have increasingly turned to open source so that they can focus their ingenuity on their unique business requirements. Research shows 99% of applications contain open-source components. The average project on GitHub has more than 200 package dependencies; the top 50 projects are depended upon by more than 3 million packages. As companies move to the cloud, they prefer cloud platforms that offer ready access to open-source ecosystems.

Software development in 2021 and beyond - The Official Microsoft Blog

2020–2021 Winter Reliability Assessment

by ronfluegge 18. November 2020 14:56

ATLANTA - November 18, 2020 – In its 2020–2021 Winter Reliability Assessment, NERC finds sufficient resource capacity is in place across North America to meet winter demand. Noting how extreme weather can challenge grid reliability in specific areas, the assessment closely examines this reliability risk and identifies higher risk areas that susceptible to emergency operating actions.

During extreme and prolonged winter conditions, vital natural-gas fuel supplies for electricity generation can be at risk in New England, California and the southwestern United States. High reliance on natural gas-fired generation and limited natural gas infrastructure elevates reliability risk in these areas.

For this assessment, NERC analyzed severe weather scenarios that incorporated generation outages under peak load conditions. NERC noted particular reliability risk in areas within the Midcontinent Independent System Operator, the Canadian Maritimes, Texas, the Rocky Mountain Reserve Group and the Northwest Power Pool.

“Winter conditions challenge grid operators in many parts of North America. Our assessment looks at expected peak demand and the ability of the area resource mix to provide that demand under harsh winter conditions,” said Mark Olson, manager of Reliability Assessments. “Overall, industry takes winter reliability risks very seriously. Our extreme weather scenarios help stakeholders prepare for situations where winter conditions threaten resource adequacy, potentially forcing grid operators into emergency actions like demand curtailment.”

As the COVID-19 pandemic continues, NERC also stresses a priority focus on protecting the workforce, including system and power plant operators. This year’s assessment highlights the below key findings for the upcoming winter season: 

Sufficient capacity resources are expected to be in service.

• Fuel and energy assurance risk remains a reliability concern.

• Extreme weather continues to pose risk to bulk power system reliability.

• The ongoing pandemic is causing increased uncertainty in electricity demand projections and presents cyber security and operating risks.

• Post-2020 hurricane season restoration efforts may continue in hard-hit areas along the Gulf

Coast, where storm damage has degraded the transmission system that supplies local areas.

Undertaken annually in coordination with the Regional Entities, NERC’s Winter Reliability Assessment examines multiple factors that collectively provide deep and unique insights into reliability risk. These factors include resource adequacy, encompassing reserve margins and scenarios to identify operational risk; fuel assurance; and preparations to mitigate reliability concerns. The report encourages industry to discuss their plans and preparations to ensure reliability for the upcoming winter period.



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