Renewable Market Welcomes New Investments, This Time From Multinational Shell

Written by Roberta Souza

Published on 08/02/2021 at 16:47

Shell investe em energia renovável

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Focused on Renewables, Shell Plans to Invest in Hydrogen This Time

Shell is committed to the rapid growth of the renewable energy market, focusing on hydrogen usage, the growth of biofuels, and energy trading. The company has strategically moved away from oil production in line with market prospects. The oil company’s official strategy will be announced on February 11, according to an article published by Petronotícias.

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Commitment to Carbon Emissions:

In addition to abandoning fossil fuels, the Anglo-Dutch company also aims to increase its appeal to investors concerned about the energy giant’s prospects for reducing greenhouse gas emissions in a changing world.

Shell announced in October 2020 that it would increase its spending on low-carbon energy by 25% within five years. Recently, the company announced that it wanted to develop a solar energy project in Paraíba. The project comprises seven parks with an installed capacity of approximately 323 MW. The request for authorization from Aneel is the first step to enable energy generation projects.

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Petrobras in the Market:

Major oil companies worldwide, such as Equinor, BP, and Total, have shown plans to expand their businesses in the renewable energy market. Petrobras, according to the company’s executive, stated that it lacks expertise in this area and therefore prefers to invest in a method it knows: oil and natural gas production.

Roberto Castello Branco said, “We do not have competence in this area, we are humble, we will not go out buying offshore wind farms or investing in energy transmission and other things. We will invest in what we know how to do well: oil and gas production.”

Renewable Market Welcomes New Investments, This Time From Multinational Shell

Focused on Renewables, Shell Plans to Invest in Hydrogen This Time

See Other News of the Day:

Commitment to Carbon Emissions:

Petrobras in the Market:

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The battery that uses the cold night sky to generate electricity: scientists create a device that transforms heat escaping from the Earth into energy, even without sun, wind, or combustion.

James Webb finds a starless world with a rotation of only 2.4 hours, giant clouds of superheated sand, and auroras that heat the atmosphere to over 1,500 °C; a wandering object 20 light-years from Earth challenges even the definition of what a planet is.

Study reveals that El Niño is gaining strength in the Pacific, favoring the soybean crop in the United States in 2026 and increasing the risk of losses in Brazil due to excessive rainfall in the South and drought in the Midwest, a scenario that could affect global prices and agricultural exports.

The atmosphere of Venus is so dense that it managed to reverse the entire rotation of the planet over billions of years, a study published in Nature Astronomy reveals that being on the surface would be like sinking into an ocean of 475 degrees Celsius.

Government announces more than R$ 7 billion in investments in Amazonas on a single Wednesday, the package includes a controversial highway, energy for 75,000 people in communities, new ports, and the largest order in the Brazilian naval industry in a year.

Renewable Market Welcomes New Investments, This Time From Multinational Shell

Focused on Renewables, Shell Plans to Invest in Hydrogen This Time

See Other News of the Day:

Commitment to Carbon Emissions:

Petrobras in the Market:

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

An “invisible” plant can transform rivers meeting the sea into electricity 24 hours a day: French startup uses nanotechnology to extract energy from the salt difference between fresh and saltwater, without sun, wind, dam, or fuel.

An “invisible” plant can transform rivers meeting the sea into electricity 24 hours a day: French startup uses nanotechnology to extract energy from the salt difference between fresh and saltwater, without sun, wind, dam, or fuel.

Scientists develop a low-cost alternative to generate green hydrogen on a large scale using an innovative chemical process; discovery could revolutionize energy infrastructure, heavy industry, and sustainable transportation systems around the world.

Forget common renewable energy: HydroWing prepares a 10 MW project in Indonesia to transform ocean currents into predictable electricity, using turbines installed on the seabed in a region where the funnel effect between islands increases tidal potential.

The world could operate on clean electricity by 2050, but a study indicates that this would require up to 20 TW of renewable energy, more than 9 million hectares for solar, and strong cooperation between countries.

The battery that uses the cold night sky to generate electricity: scientists create a device that transforms heat escaping from the Earth into energy, even without sun, wind, or combustion.

James Webb finds a starless world with a rotation of only 2.4 hours, giant clouds of superheated sand, and auroras that heat the atmosphere to over 1,500 °C; a wandering object 20 light-years from Earth challenges even the definition of what a planet is.

Study reveals that El Niño is gaining strength in the Pacific, favoring the soybean crop in the United States in 2026 and increasing the risk of losses in Brazil due to excessive rainfall in the South and drought in the Midwest, a scenario that could affect global prices and agricultural exports.

The atmosphere of Venus is so dense that it managed to reverse the entire rotation of the planet over billions of years, a study published in Nature Astronomy reveals that being on the surface would be like sinking into an ocean of 475 degrees Celsius.

Government announces more than R$ 7 billion in investments in Amazonas on a single Wednesday, the package includes a controversial highway, energy for 75,000 people in communities, new ports, and the largest order in the Brazilian naval industry in a year.