Shell’s ambition to deliver more and cleaner energy solutions is driven by the changing needs of society and commercial opportunities within the energy transition. Shell’s New Energies business builds on our experience in lower-carbon technology and explores new commercial models focused on the world's energy transition and on new fuels and power. Our strategy includes scaling up New Energies to become a much larger part of our business. We expect our global investment in New Energies to be on average $1-2 billion per year until 2020.
The Netherlands has been the cradle of Shell’s New Energies activities from where it has coordinated its global business over the past two years. This business will continue to be based in The Netherlands, a country that thanks to its strategic location, knowledge and economy, has the potential to be a leader in the energy transition.
“Shell New Energies is growing fast,” said Maarten Wetselaar, Integrated Gas & New Energies Director. “We expect growth of high-quality jobs as the business expands. In the Netherlands alone, New Energies has already added some 150 jobs over the last two years, organically and through acquisitions. We expect Netherlands-based jobs to grow to 500 to 700 in the New Energies Business in the next five years, with more growth to come after that, depending on business opportunities in the Netherlands and globally.”
Shell ups investment in the Netherlands creating hub for innovation
Shell also intends to invest more than $200 million in its headquarters in The Hague. Marjan van Loon, President Director Shell Nederland said this development is about investing in Shell’s future in the Netherlands, creating a modern campus over the next five years, including housing of the growing New Energies business. Shell’s ambition is to play an active role in the Dutch energy transition. The company is eager to reduce the net carbon footprint of its energy products, to increase its interest in low-carbon business while also seeking energy efficiency improvements of its processes.
Marjan van Loon said Shell will focus on a wide range of potential future innovative investments in the Netherlands in New Energies: “From increasing our offshore wind business in the North Sea where we have a founding stake in Borssele III/IV, to investments in hydrogen solutions, our solar park in Moerdijk, to developing a wide range of e-mobility solutions such as with electric vehicle charging stations building on our acquisition of NewMotion in the Netherlands and our fast-charging network Shell Recharge.”
Shell Technology Centre Amsterdam (STCA), which has a Research & Development (R&D) budget averaging around $1 million a day, will continue to serve as one of Shell’s three global hubs for innovation. The other two hubs are located in Houston, Texas, and Bangalore, India. Housing more than 1000 highly qualified scientists and engineers, STCA is where Shell developed many of its world-leading consumer products. These include the lower-carbon fuels and lubricants derived from natural gas. STCA’s core expertise also includes technologies underlying low-carbon energy sources systems based on biofuels and hydrogen. Much of this work is being enabled by digitalisation: the use of digital data to monitor and optimise industrial processes. STCA recently opened a new wing to accommodate new laboratory equipment and for hosting several hundred additional Shell technical experts in the coming three years.
With a long history of creating and commercialising technology, Shell continues to invest in its R&D capability in The Netherlands.
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Notes to editors
For more information on Shell New Energies and a list of investments to date see: https://www.shell.com/energy-and-innovation/new-energies.html
For more information on STCA see: https://www.shell.nl/over-ons/amsterdam/contact-stca/factsheet-stca-en.html
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