News

Powering Progress – Shell Pls’ strategy to accelerate the transition to zero emissions

The fight against climate change is an urgent problem today. This is a threat to biodiversity and ecosystems. Shell Pls is doing its part by becoming a zero-emissions energy business by 2050. This means reducing emissions from our own operations, from energy products sold to customers, and capturing and storing the remaining emissions through offsetting carbon credits.
The Powering Progress strategy is to protect the environment and includes the provision of low-carbon fuel and charging of electric vehicles, as well as the transition to natural gas, the transformation of oil refineries into energy and chemical parks, the production and sale of hydrogen, the development of carbon capture and storage. The strategy provides the financial strength to transform the company and create value for shareholders.
Shell Pls is transforming its business and finding new opportunities. Read about the significant results of the Powering Progress strategy on the official Shell website: https://www.shell.com/powering-progress/powering-progress-in-action.html. Recent achievements:
⦁ The Hollandse Kust wind farm in the Netherlands produced its first green electricity on June 19, 2023. Eventually developed by CrossWind (a joint venture between Shell and Eneco), the plant will supply the equivalent of 2.8% of Dutch electricity demand.
⦁ Shell Norway is part of the Northern Lights project, which involves transporting and permanently storing CO2 in a reservoir in the Norwegian North Sea, which is collected from industrial facilities in Eastern Norway.
⦁ Thanks to the acquisition of Volta Inc. Shell now owns and operates one of the largest public EV charging networks in the US, with more than 3,000 charging points in 31 states.
⦁ Shell acquired 100% of the shares of Nature Energy – Europe’s largest producer of renewable natural gas, its portfolio of operating plants, related feedstock supply and infrastructure, its portfolio of growth projects and design expertise.
Shell Pls supports the responsible use of high-quality natural carbon credits and is committed to demonstrating a positive impact on biodiversity in its projects.

Nissan is the official partner of Shell plc

Shell’s partnership with the Nissan team in the all-electric Formula E racing series allows both companies to develop technologies to further develop projects for electric vehicle customers around the world. This is an important collaboration between two leaders who are helping to make electric vehicles more attractive to drivers.

As one of the world’s largest energy suppliers, Shell is uniquely positioned to leverage its technology and expertise to develop cleaner mobile solutions that will serve the growing number of EV customers. The Nissan Formula E team has successfully tested Shell e-Transmission Fluid, a specialty transmission fluid for electronic transmissions. It creates less friction and has anti-corrosion properties, increasing durability and reliability. The fluid allows the system to deliver more power while consuming less energy, giving the Nissan Formula E team a competitive advantage.