Shell in Germany wants to reorganize its business as the energy transition progresses.
This was announced by the CEO of Deutsche Shell Holding, Dr. Fabian Ziegler, during a virtual event in Berlin.
“We support Germany to become a country with net zero emissions. Shell’s transformation in Germany has begun and will accelerate.”Dr. Fabian Ziegler, CEO Shell Holding Deutschland.
Shell has drawn up a corresponding plan of how the company in Germany could reduce or offset its own greenhouse gas emissions and those that arise when customers use Shell products by over a third within a decade. This corresponds to around 30 million tons per year or around a tenth of the German government’s CO2 reduction target by 2030.
“We believe that this can be achieved if politicians also ensure the necessary framework conditions and customers increasingly request lower-CO2 products.”Dr. Fabian Ziegler, CEO Shell Holding Deutschland.
Shell’s ambitions in Germany are among other things:
- To become the leading provider of green hydrogen for industrial and transport customers, to increase the electrolysis capacity tenfold in the Rhineland refinery and to investigate further H2 projects,
- to participate in the production of renewable energies in Germany through offshore wind or combined offshore wind/hydrogen production,
- to set up around 1000 fast charging stations at its gas stations by 2030,
- to transform the crude oil refinery in the Rhineland into a low-carbon energy park with less crude oil processing, more use of regenerative input materials and a clear focus on future-oriented energy solutions and specialty chemical products.
“As a key market for the Shell Group, the restructuring of the business in Germany is decisive for Shell’s ambition to become a net zero-emission energy company by 2050 or earlier, in harmony with our customers and society.”Huibert Vigeveno, board member of Royal Dutch Shell, highlighted the importance of Germany.
Shell intends to realize its global ambitions in three ways. First of all, by not increasing the concentration of greenhouse gases in the atmosphere in the manufacture of any of its products.
Second, by significantly tightening the ambition for the net carbon footprint of its energy products. In the medium term, this is expected to decrease by an average of 30 percent worldwide by 2035 instead of 20 percent and by an average of 65 percent by 2050 instead of 50 percent.
Third, by working with economic sectors and helping them develop pathways to net zero emissions. And to work together with customers who continue to cause emissions towards the middle of the century to find ways to reduce them as far as possible and offset remaining emissions.
“Shell in Germany wants to lead the way on the subject of net zero emissions for the entire Shell. That also means that we want to invest. In order to combine our many years of know-how with new approaches, we are also looking at start-ups.”Dr. Fabian Ziegler, CEO Shell Holding Deutschland.