To insulate itself, Shell has begun allocating up to $2 billion per year — out of a capital budget of up to $30 billion — to electric power and other alternative energy.

Shell, Europe’s largest oil company, has established a separate division, New Energies, to invest in renewable and low-carbon power. The move emerged days after experts at Chatham House warned Data from Rystad Energy, a Norwegian consultancy, shows that Europe’s five largest oil companies – Shell, BP, Total, Eni and Equinor – together spent a total of $5.5bn on renewable energy Shell has declared an ambition to double the amount it spends on green energy to $4bn (£3.2bn) a year, in a sign of how the Anglo-Dutch company is looking to speed up its move to a future beyond To insulate itself, Shell has begun allocating up to $2 billion per year — out of a capital budget of up to $30 billion — to electric power and other alternative energy.

1 Apr 2019 Oil major has been on a clean-energy acquisition spree, and unit of electricity Shell Energy customers use, a unit of renewable electricity is 

27 Dec 2018 Buying up clean energy firms would be essential if Shell's renewable business was to match its oil and gas activity by the 2020s, he said. Shell Energy Retail will acquire 100% of Hudson Energy, which supplies around 200,000 UK residential customers with gas and electricity. The deal is subject to regulatory approvals and is expected to complete by the end of 2019. Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell Plc leading a group of European companies that are well ahead of their U.S. rivals. Shell has a long history of developing energy projects using its knowledge, experience and proven deep-water technologies to unlock new resources safely and efficiently. Read more about Shell’s deep-water work around the world. Oil majors increasingly are trying their hand at being alternative-energy minors. Royal Dutch Shell Plc, which traces its roots back to the late 19th century, just bought Greenlots, a Data from Rystad Energy, a Norwegian consultancy, shows that Europe’s five largest oil companies – Shell, BP, Total, Eni and Equinor – together spent a total of $5.5bn on renewable energy Royal Dutch Shell is taking the clean energy transition seriously. So seriously, in fact, that Maarten Wetselaar, director of Shell’s integrated gas and new energies division, believes his company could become the largest power company in the world by the early 2030s amid a global shift to lower-carbon energy resources.

Shell Energy makes it easy to add renewables to your energy mix. Our owned and contracted wind and solar projects account for one third of our total power 

14 Oct 2019 Shell and its peers have long insisted that switching away from oil and gas to cleaner sources of energy will take decades as demand for  Shell Energy makes it easy to add renewables to your energy mix. Our owned and contracted wind and solar projects account for one third of our total power  4 Sep 2019 In response, Europe's big oil companies including Shell, BP and Total are In contrast, renewable energy and electricity lie outside the core  12 Dec 2019 Now, the city has chosen a subsidiary of Shell Oil to take over management of its energy holdings. In 2015, when Georgetown went 100%  All the electricity from Shell Energy Retail comes from 100% renewable sources like wind, solar and biomass. The renewable electricity is certified by Renewable   4 Sep 2019 Oil and gas companies this year concluded about 70 deals to finance the “green” sector – solar, wind and bio-energy. As of August, the volume of  19 Feb 2019 Shell leads big oil in clean energy shift. Amy Harder. Illustration of the Shell logo as the sun rising over windmills and solar panels. Illustration: 

Most of the energy we use today comes from oil and coal, and increasingly from plausible futures, where renewable energy sources like solar and wind could 

Over the past two years, Shell Oil has flip-flopped about its position on renewable energy like a marlin on the deck of a Florida charter boat. But its latest acquisition of independent power producer (IPP) MP2 Energy may signal they’ve finally decided to go all in. Shell announced the acquisition last week. MP2 Energy helps commercial and industrial customers manage energy supply, load and

4 Sep 2019 Oil and gas companies this year concluded about 70 deals to finance the “green” sector – solar, wind and bio-energy. As of August, the volume of 

Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell Plc leading a group of European companies that are well ahead of their U.S. rivals.

12 Dec 2019 Now, the city has chosen a subsidiary of Shell Oil to take over management of its energy holdings. In 2015, when Georgetown went 100%  All the electricity from Shell Energy Retail comes from 100% renewable sources like wind, solar and biomass. The renewable electricity is certified by Renewable   4 Sep 2019 Oil and gas companies this year concluded about 70 deals to finance the “green” sector – solar, wind and bio-energy. As of August, the volume of  19 Feb 2019 Shell leads big oil in clean energy shift. Amy Harder. Illustration of the Shell logo as the sun rising over windmills and solar panels. Illustration:  22 Apr 2019 and the launching of the Shell GameChanger Accelerator in partnership with the U.S. National Renewable Energy Laboratory with the aim of  5 Aug 2019 Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production;  16 Sep 2019 Oil majors are increasingly investing in emerging renewable last week when Royal Dutch Shell PLC became a member of the Solar Energy