Technology Magazine March 2019 | Page 23

EUROPE
ties for Saudi industry are limitless .
Take the energy market , for example .
According to Vision 2030 , the country ’ s
energy consumption will increase drastically
by 2030 . The National Renewable
Energy Program aims to substantially
increase the share of renewable
energy in the total energy mix , targeting
the generation of 27.3 GW of renewable
energy by 2023 and 58.7 GW by 2030 .
To meet this growing demand , Siemens
offers a range of renewable energy
solutions , from wind turbines to lithium
SIDF , MCIT , MAC Workshop 2018
ion battery storage . Additionally , Speh highlights how the MindSphere IoT system monitors , analyses and optimises grids for grid operators and utilities . “ Vision 2030 is also about energy efficiency , another area where Siemens has strong IoT capabilities ,” Speh says . “ We can also offer digital and practical solutions like more efficient electrical motors . Additionally , whether you want to remotely monitor your power plant , chemical plant , food and beverage industry , you name it – this is where MindSphere can come into play .”
Renewable energy is just one of the main sectors found in the Kingdom ’ s blueprint for 2030 . “ The country also aims to have three Saudi cities
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