Siemens Energy CEO on Supply Chain, Inflation Reduction Act

Siemens Energy CEO on Supply Chain, Inflation Reduction Act

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Business, Engineering, Physics, Science

University

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The transcript discusses the stabilization of input costs and ongoing supply chain challenges in 2023. It highlights the impact of the US Inflation Reduction Act on investments, particularly in wind, hydrogen, and electricity grids. The discussion also covers Europe's response to the Act, emphasizing the need for rapid deployment of programs to complement the US initiatives and meet 2030 targets.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three areas of investment interest related to the Inflation Reduction Act mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can the European Green Deal complement the Inflation Reduction Act?

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