Shell UK plans massive investments

Wind Industry Profile of

More than 75% intended for low-carbon and renewable products and services, including offshore wind, hydrogen and electric mobility / Investments subject to board approval and supporting policy

Shell UK has unveiled plans to invest £20 to 25 billion in the UK energy system over the next 10 years. 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. Investments are subject to board approval and supporting policy. Writing on LinkedIn, UK Country Chair David Bunch, said: “These investments, subject to board approval, aim to propel the UK closer to net zero and help to ensure security of supply whilst... ... More: Official Press Release Shell

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Shell UK, investment, plan, offshore wind, energy system, zero carbon, hydrogen, CCUS, electric mobility, economy, jobs