We use cookies
To help provide you with a good experience on our website. By continuing to browse the website, you are agreeing to our use of cookies.

Shell unveils UK green investment plans


Shell unveils UK green investment plans

Shell UK has unveiled plans to invest up to £25bn in the country's energy system over the next 10 years, of which 75% will be in low and zero-carbon products and services. - RENews

The company said these investments include offshore wind, hydrogen, carbon capture utilisation and storage and electric mobility.

Investments are subject to board approval and supporting policy, it added.

These investments, subject to board approval, aim to propel the UK closer to net zero and help to ensure security of supply whilst stimulating economic growth and jobs. However, Shell cannot act alone. Investing this money requires urgency of action across government to deliver the enabling policy and business case frameworks. These must address both the supply and demand side of the energy transition in areas such as hydrogen and CCS, for example. We look forward to working together to help the UK secure its future energy supply and move towards its 2050 net-zero target.

Shell UK country chair David Bunch

Relevant news

Shell Pakistan builds road with recycled plastic bottles
Discover the benefits of using Shell plastics in road construction - increased durability, longer lifespan, and cost savings.
Lhyfe has been awarded a €11m grant from Klimatklivet for its green hydrogen project in Sweden
Learn about Lhyfe Trelleborg and their new plant that will produce green hydrogen.
Adani green energy becomes Indias first to surpass 10000 MW renewable energy
Adani Green Energy Limited has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable, and clean power to the national grid.
Shell and Verdagy to collaborate on renewable Hydrogen projects
Shell to Endorse Verdagy Renewable Hydrogen Electrolyzers After Successful, Year-Long, Completion of Detailed Technology, Design and Safety Reviews.
Braskem and Shell join forces to produce circular polypropylene from mixed plastic waste
Braskem and Shell will converts plastic waste into virgin quality raw materials for the production of new plastics.
Octopus invests £200m into Deep Green’s pioneering data centre heat re-use technology
Octopus Energy will help with a £200m investment in Deep Green for its innovative technology.