Energy and innovation, View Carbon Capture and Storage, View In June another oil and gas supermajor, BP, said it had agreed to take a 40.5% equity stake in the Asian Renewable Energy Hub, a vast project planned for Australia. 20182 r 6 mneder. , said Phoebe Wang, ventures principal at Shell Ventures. So, on the collaboration that was mentioned, of course, a heavy-duty hydrogen system requires trucks, Wide shot of Lisa Montanari with the screen to the right, and full screen shot of Shawn Ward, Senior Program Manager, Toyota North America. Wide shot of Paul Bogers and Lisa Montanari on the sofa in the studio followed by full screen shot of Paul Bogers. Sites at Gatwick and Cobham in southeast England were closed, according to the energy giant. Reporting by Nina Chestney. The 10 megawatts (MW) proton exchange membrane (PEM) electrolyser uses renewable energy to produce up to 1,300 tonnes of decarbonised hydrogen a year, which we are using to make lower-carbon fuels at the park. ESG information hub, View The second bit for Shell is really relevant is that we participate in the entire value chain. Why Choose Shell, View The fact is that the fuel cell powertrain, its only emission at the tailpipe is water vapor, and that kind of impact is what really excites me. 634 volgers Meer dan 500 connecties. Together with our partners, join us as we launch a new era of pollution-free goods movement with the grand opening of two hydrogen heavy duty fuelling stations and the debut of five new hydrogen fuel cell electric trucks as part of the $82.5 million *Shore to Store (S2S) project in California. And here we are dealing with multiple pathways. Shell, which on Thursday provided an update note ahead of second quarter results later this month, says it wants to "become a net-zero emissions energy business" by the year 2050. The hydrogen generated by the plant will be funneled to the Shell Energy and Chemicals Park Rotterdam using a new hydrogen pipeline called HyTransPort. Sustainability our approach, View Since its founding, it has grown rapidly to include a social network of more than 900,000 members. Full screen shot of Paul Bogers talking in the studio cutting between wide and full screen shots of Lisa Montanari. If something does happen, are all the things in place to then make sure it is minimized in its impact? Shell Chemicals, The benefits of chemicals in everyday life, Chemical recycling: tackling plastic waste, View The industry leader for online information for tax, accounting and finance professionals. The other thing that came to my mind is that I want to share is the commercial creativity and innovation. anything to do with hydrogen can have an impact on how hydrogen is perceived and what is happening. ", Morgan Stanley says this Tesla-supplying global battery material stock could soar by 81%, Companies are blaming a new culprit for earnings problems: Electricity costs, There really is a profit windfall for oil companies. Environment, Plastic waste management and initiatives at Shell, View Wide shot of the whole studio followed by full screen shot of John Rossant. Shell plc SHEL, the oil supermajor, pulled out from its investment and role of a lead partner in the Australian steel producer's BlueScope renewable hydrogen hub transitioning project at . In line with this . You know, Europe in many ways because of the gas pipelines, because of just the advance thats there already and also because of the very substantial government support that is flowing into the renewable hydrogen sector. So, we want to make sure that we store CO2 safely and there's no leakage. HJEN may be considered a satellite holding to complement other broader positions within a portfolio. You know, there are communities along the 710, which is the highway that connects the. Both investors are attracted by the breakthrough . What percent penetration we can accomplish in five years or ten years? Tom Wolf has signed a $2 billion tax credit package for the hydrogen production, milk processing, and biomedical research industries into law, capping months of quiet negotiations between the Democrat and top Republicans in the General Assembly. 0. Investments are subject to board approval and supporting . Butthe way we use energy just has to change. Then beyond that, networks that cover the entire country. the electrification, battery electric vehicles, the greatest minds in the world have been working on this over the last 10 years, bringing the cost down of batteries. how do you feel about this new network? If one factor is zero . Together with our partners, join us as we launch a new era of pollution-free goods movement with the grand opening of two hydrogen heavy duty fuelling stations and the debut of five new hydrogen fuel cell electric trucks as part of the $82.5 million *Shore to Store (S2S) project in . Paul Bogers smiles in the studio followed by a full screen shot of Chris Cannon followed by Lisa speaking to a screen on the right where Rakesh, Chris, Jarred, and John are on a four-panel window on the screen. Simply there's just not enough renewable power to build to supply green hydrogen to meet that need, that's number one. Data is a real-time snapshot *Data is delayed at least 15 minutes. In 2021, we spent almost $149 million on social investment, of which 37% was required by government regulations or contractual agreements. This electrolyzer will produce 60,000 kilograms of green hydrogen every single day. We have three large kind of lab facilities. Shell's Anna Mascolo says renewable hydrogen "will play a pivotal role in the energy system of the future. Sectoral decarbonisation: transportation and industrial customers, Shell builds a winning consortium to accelerate the electrification of off-road mining vehicles, View The global population expected to grow to around ninebillionby the end ofthis century. Five years from now, in my opinion, every single delivery vehicle that you have and see it comes to your house should be zero emission. Shell Sulphur Solutions, View Speaking at the Louwman Museum in The Hague, Ben van Beurden, Shell Chief Executive Officer, sets out how Shell will help develop the hydrogen economy in the Netherlands. Paul Bogers and Lisa Montanari listening to Rakesh Aneja, with Rakesh , Chris, Jarred, and John shown on a four-panel window on the screen. Nat Levy in step with society and Hydrogenhasan important partin reaching that goal. And I think we'll be surprised on the upside by how quickly this takes place. Oliver, you've been in this in this space for quite some time, but how do you see other industry players kind of engaging with the topic of safety? Proponents say infrastructure investment and more demand from transport, gas grids and industry will bring the costs down. and all the partners that have helped us to realise these stations in the LA area. Hydrogen produced in this way is known as grey hydrogen. Debt information. Aviation, Flightpath: exploring the future of aviation, View Full screen shot of Paul Bogers stood in the studio. Daimler and Shell are teaming up on a hydrogen corridor in northern Europe, with a plan to build 150 stations, joining Cologne, Hamburg, and Rotterdam. Shot of a pump, followed by shots of trucks on the road and then a heavy-duty hydrogen plant. Were proud that this launch is the result of . and there have been incidents in the industry and, of course, I think that to some extent is inevitable that there are incidents. Shots of Ryan Moody talking to Danny Gamboa in the front of the truck. And I hear some time pressure coming from Chris, which is, I think, reasonable as well. The new fund, HydrogenOne Capital, is being launched by JJ Traynor, a former Royal Dutch Shell RDSa.L executive, . Through hydrogen, lets continue to power progress towards a net-zero future. Large-scale geological storage will be needed for the hydrogen produced, given the limited capacity and large costs of compressed hydrogen containers. A submerged buoy-like device is harnessing the sea's 'epic amounts of energy' in Scottish trial, EV battery firm Britishvolt averts immediate collapse with short-term funding, U.S. and UAE sign strategic partnership deal to spur $100 billion in clean energy investment. Both Paul Bogers and Lisa Montanari are in shot stood either side of the table as it zooms into Paul Bogers. Shell Is Betting On Green Hydrogen To Replace Upstream Loss, September 28, 2022. Yours to Make. Shell has just flipped the switch on the biggest green hydrogen plant in the EU, and it looks like the oil and gas giant could have a hand in fostering the renewable H2 revolution . So, all of these two pillars, together with what Oliver said, have a right system, a platform to ensure safety. In turn, this will help reduce the carbon footprint of the company's main processes, used to produce diesel, petrol and jet fuel. These have to be decarbonised in coming decades. Safety, View Each party thereby acquired a minority share in HyET Hydrogen. So, we see hydrogen almost as the Swiss army knife of the energy transition. Our Standards: The Thomson Reuters Trust Principles. Because the motor is electric, the truck has more horsepower and so, it can accelerate roughly twice as fast as a diesel equivalent. Its aims for a renewable hydrogen plant in the Netherlands represent the latest attempt by multinational firms to lay down a marker in the sector. It can be produced in a number of ways. and Yunji Xu, general manager hydrogen industry. Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. Industrial Lubricants and Oils for Business, View How can we help them get over that hurdle? We did a deal with Daimler to bring trucks, more trucks to market. Call it the turquoise variant. It involves a Kenworth/Toyota fuel cell electric truck. Shots of truck driving away and Ryan Moody talking to Danny Gamboa in the front of the truck. Off cycle investment banking intern at RBC Capital Markets Amsterdam, Noord-Holland, Nederland. Shots of Shellsfirst heavy-duty hydrogen truck refuelling network. Shots of the sun shining in the sky and a solar and wind farm. Now is not the time to kind of retrench and now we see this as a short-term opportunity for optimizing profits. Financial reports and articles of association Shell International Finance B.V. Corporate governance and socially responsible investors, Third quarter 2022 results October 27, 2022, View The sun rises behind a lighthouse across an ocean view followed by a heavy-duty truck driving cars around a car park and a drone shot view of a Shell heavy-duty hydrogen refuelling station. Shot of Lisa Montanari in the studio looking at the screen to the right as John speaks followed by full screen shot of Paul Bogers nodding before going back to Lisa before going back to John. Shots of Shells heavy-duty zero emissions trucks and Ryan Moody speaking to Danny Gamboa in the front of the truck. Were going to hear from some of our team members. So we have to decarbonise. Hydropower . I joined Shell in 1991 as a research analyst. This network is part of a state-wide initiative and invests billions of dollars to reduce greenhouse gas emissions. Shots of the road and the underside of the Shell heavy-duty truck. Shell said the electrolyzer in the Netherlands would use renewable power from the Hollandse Kust (noord) offshore wind farm, a 759 MW project set to be operational in 2023. The 100 MW electrolyser (Refhyne II) and SAF projects are at an advanced planning stage, with final investment decisions still pending. Yeah, I live a few miles from here and the pollution is shocking. Refer media release. Shell Ventures is actively looking at innovations in hydrogen. 2.4.2002. Shells Hydrogen Commercial Manager, Lisa Montanari, leads an event introducing Shells first heavy-duty hydrogen refuelling stations. HARRISBURG Gov. Business customers, View Well, if we were in a regular traditional truck we probably wouldnt even to be able to have this conversation. Wide shot of the Lisa and the screen in the studio followed by full screen shot of Chris Cannon. The project is part of a joint venture between Shell China and Zhangjiakou City Transport Construction Investment Holding Group Co. Ltd, formed in November 2020. So, at the end of a workday I actually dont feel as tired, I feel like I can drive this truck much longer. I'm just imagining the geniuses working in the lab and creating solutions to breakthrough. Without all of you we would not be making this announcement today. 2022 CNBC LLC. Electricity, Another step towards a global electricity business, View hydrogen supply chain and from that customer angle. Hello and welcome; thank you for joining us. What is the ecosystem? This funding is part of a multi-year program supported by a Notice of Proposed Award of $40.5 . It's a really good point and I think as Oliver made it clear, we've built a really sound foundation. The 20 megawatts (MW) power-to-hydrogen electrolyser and hydrogen refuelling stations in Zhangjiakou are phase 1 of the joint venture. Talking about building, Jarred, what are the main challenges we face when it comes to building hydrogen stations, how do we scale up? We are excited to work with Celadyne to further improve fuel cell technology and help accelerate the adoption of hydrogen solutions.. Full screen shot of Paul Bogers smiling followed by wide shot of whole studio. midstream piece is part of that second stage of the rocket. More than 75% of this is intended for low and zero-carbon products and services, including offshore wind, hydrogen, carbon capture utilisation and storage (CCUS) and electric mobility. Annual General Meeting, Shell plc 2022 Annual General Meeting webcast, View The Royal Dutch Shell Group of Companies is working on reducing emissions. Shell Plc quietly shut down two UK hydrogen filling stations earlier this year as electric vehicles became the preferred way to cut greenhouse gas emissions on the roads. The startup aims to make fuel cells and electrolyzers more viable to power everything from long-haul trucks and drones to large-scale industrial processes. The first pillar starts with individuals learning mindset and learning from the other's success. Powering Progress with Shell Hydrogen. Shell for suppliers, View We will continue to lead the way. Cool, theres one of the zero emissions trucks on the road over there. So, actually ordering kind of trucks for a logistics company is a big investment. This will require investment of around $15 trillion, peaking in the late 2030s at around $800 billion per annum, not just for hydrogen production but for the electricity system to support the massive increase in hydrogen use. The European Commission released a landmark Hydrogen Strategy in 2020. What can we offer to help the customer to impact on this journey? According to Shell, the 200 megawatt electrolyzer will be located in the Port of Rotterdam, Europe's largest seaport, generating as much as 60,000 kilograms of renewable hydrogen every day. Shots of the Shell heavy-duty zero emissions truck pulling into and parking outside the Toyota garage. Full screen shot of Oliver Bishop followed by wide shot of whole studio and shot of Yunji Xu listening before returning to full screen shot of Paul Bogers. Shell and Uniper will now jointly progress process design studies and site development . Watch the Shell Hydrogen heavy duty refuelling launch here as we will look at the future of hydrogen in mobility and how, together, we can accelerate the shift to a lower carbon transport system. Entrepreneurs and Start-ups, View hydrogen and mobility space whether it's in aviation, whether it's shipping, whether it's in fuel cells in rail, things like that. Shell Catalysts & Technologies, View Full screen shot of Paul Bogers followed by wide shot of Paul Bogers talking to Lisa Montanari and full screen shots of Lisa Montanari. and for every little bit that CO2 has to be emitted or try to capture it for other use. The new investment and alliance with Shell Ventures is tied to Celadynes participation in a startup accelerator called Third Derivative, founded by the Rocky Mountain Institute. Aviation, View station and that gives us a mandate to get approval to build more sites. Wide shot of the whole studio followed by full screen shot of Paul Bogers. Shell UK has unveiled plans to invest 20-25 billion in the UK energy system over the next 10 years. Entergy Corp., an integrated energy company with a 30-GW power generating fleet, took a bold step toward decarbonization. [B] These businesses include our service stations, sales of gasoline and diesel, fuels for business customers, power, hydrogen, biofuels, charging for electric vehicles, nature-based solutions, and carbon . Shale Oil and Gas, Putting Safety First in Shale Oil and Gas, Leveraging Technology in Shale Oil and Gas, Social and Environmental Responsibility in Shales, View Shots of a Shell hydrogen car pulling into a refuelling station before being filled up by a woman. We need cost reduction thats clear. as well if not better - than existing trucks. Wide shot of Lisa Montanari and Paul Bogers on the sofa in the studio followed by full screen shot of Yunji Xu. Our strategy is to work with those customers and bring the point forward where hydrogen becomes an affordable solution for these customers, build that large, large industrial use cases to bring the cost of hydrogen down, that then the mobility use cases can kind of take-off and help to drive towards a world that looks at net zero. The Future. May 25, 2021. Shell Commercial Road Transport, View Right, and just like in diesel theres a pump with a nozzle. . The final investment decision for the hydrogen plant has not been taken yet. Annual General Meeting, View Holy Cow Foods to Develop State of the Art Fully Automated Green Hydrogen Powered . Full screen shot of Lisa Montanari listening in studio followed by full screen shot of Yunji Xu. This is such an important moment when the world is opening up. Information for shareholders, View Also, learn from the others failures and to understand where these underlying conditions. Otherwise, no one company, one organization has the resources, both from a financial perspective or from a people perspective, to deal with this by themselves or do it alone. Similar agreements coming along with companies such as Volvo and Iveco, H2Accelerate, which is how do you get the right advocacy in place. This question goes to the entire panel. We are also expanding the network of hydrogen refuelling stations. offer we give to our customers to help them to achieve their goal. Title: Powering Progress through Hydrogen. If your company is in renewable energy, new fuels for transport, connected . The green hydrogen produced will initially be used at the Shell refinery in Pernis to decarbonise the production of fuels. Candidate Resource Centre, 4 tips to excel in a Shell face-to-face interview, 7 tips to prepare Students & Graduates for an online video Interview, 10 employees share their first week at Shell, 9 ways to help you find the right career path, View I mean, if you think about. By the end of 2021, there were around 50 hydrogen refuelling stations at Shell-branded outlets in the USA (California), Canada, Germany, the Netherlands and the UK. Careers FAQs, Encouraging Happiness to Enable Greatness, Solving puzzles, at home and in the office, Growing as a professional while growing as a person, Fresh minds for a fresh new direction in energy, Being at the forefront of an industry in transition, Growing technical expertise with precision and care, Find a Job in the Shell Graduate Programme. The new fund will prioritise investments in "green" hydrogen, which is . Theopening of a heavy-duty hydrogen refuelling station is another example of progress in the era of decarbonising the road transport industry. Im at the twin ports of Los Angeles and Long Beach, North Americas largest cargo hub. Shell is itself a major player in oil and gas, but says it wants to become a net-zero emissions energy firm by 2050. Entergy Moves Heavily on Hydrogen for Gas Turbines, Nuclear. Celadyne Technologies, a spinout from the University of Texas, received an investment from Shell Ventures last week (15 th April) for its progress in improving hydrogen fuel cells and electrolysers.. Results and reporting, View What makes hydrogen fuel so exciting is it has an energy density almost three times that of diesel or gasoline. Rising geopolitical pressures are putting a favorable spotlight on the best hydrogen stocks to buy now. Digitalisation in Energy, View But the world must also find ways to reduce carbon emissions and tackle climate change. Running largely on diesel, some 16,000 container trucks serve the port are distributing goods that arrive here for customers across America. In 2021, we started production at the electrolyser at our Shell Energy and Chemicals Park Rheinland in Germany. The other thing that I think is important is. Wide shot of whole studio followed by close-ups of Paul Bogers and Lisa Montanari. Featuring: Chris Cannon: Director of Environmental Management, Port of Los Angeles, John Rossant: Chair, New Cities Foundation and CEO, CoMotion, Rakesh Aneja: Head of eMobility, Daimler Trucks North America, Paul Bogers: VP Hydrogen, Royal Dutch Shell, Oliver Bishop: GM Hydrogen Mobility, Royal Dutch Shell, Yunji Xu: GM Hydrogen Industry, Royal Dutch Shell, Jarred Guthrie: Global Hydrogen Projects Manager, Royal Dutch Shell. Theres more torque, theres better acceleration, theresless vibration which means theres less driver fatigue. Wide shot of whole studio followed by full screen shot of Jarred Guthrie. The university investigator involved in this research, Delia Milliron, has submitted required financial disclosure forms with the university. Writes about those markets as well as climate change, climate science, the energy transition and renewable energy and investment. By relaxing the constraints on operating conditions, we could enable smaller, more efficient fuel cell systems, Milliron said. Full screen shot of Paul Bogers nodding in the studio followed by full screen shot of John Rossant. Quick questions. . Traditional membranes can operate only at temperatures of 80 degrees or less. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Welcome Paul. Shell is proud to be playing itspart and supporting . Time-lapse footage of people walking and driving through busy cities. industries, automobile manufacturers, and technologists. Antofagasta ( ANTO) has also recently announced its plans . Full screen shot of John Rossant followed by Lisa Montanari in the studio speaking to the screen on the right. Full screen shot of Yunji Xu nodding and smiling followed by wide shot of Paul Bogers and Oliver Bishop in the studio.