24.07.2013
Voith Participates in HydroVision International 2013
The opening session included a roundtable with hydropower top executives, including Voith Hydro CEO Dr. Roland Muench. The current challenges, opportunities and future prospects of the global hydropower market were discussed in depth. As Dr. Muench proclaimed, hydropower’s proven reliability and the growing need for more renewable, climate-friendly energy will call for even more hydropower in the future. He is convinced that hydropower - despite its long-standing history, is a very modern energy form that will continue to play an important role in the global energy mix.
The Importance of Hydro Power
Hydro power is the largest, oldest and also most reliable form of renewable energy generation. Worldwide it makes an indispensable contribution to stable power supplies and hence to economic and social development - in industrial countries and also in rapidly growing regions. At the same time, hydro power significantly contributes to climate-protecting energy generation. Voith has been a leading supplier of this technology since the early beginning of hydro power utilization, and continuously develops and improves this technology
About the Company
Voith sets standards in the markets energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, Voith employs almost more than 42,000 people, generates €5.7 billion in sales, operates in over 50 countries around the world and is today one of the biggest family-owned companies in Europe.