Newsroom

Duration:  03:51 minutes

Graphic

Text

Shell Technology Ventures

Driving Disruptive Innovation. Arriving at Energy Solutions

It slides left

Audio

Drumbeats

Emily Reichert voice over

What really is clean technology? If you ask certain people they would assume,

'Well, it's renewable energy, right? It's either wind or solar.'

Vision

Over shoulder left profile of man at interactive screen with his five fingers touching it

Worker in grey overalls facing camera with machinery in front of him

Internal view through glasshouse structure, blue sky above, pan up

Close up of green leaves

Side view of battery as it moves along production line

Close up of blue machinery component moving

Over shoulder view of technician wearing blue gloves handling fluid

Cathode label on metal panel, pan right

Anode label on metal panel with lighting above, pan left

Wind turbines against a grey sky

External wide of glasshouse against blue sky with mirror troughs visible

Emily Reichert in vision

Caption:

Emily Reichert

CEO, Greentown Labs

“But I would argue that technologies that are making the world more efficient, whether it's through energy, whether it's through water, whether it's reducing the amount of waste that we're putting in our environment. All of those are clean technology companies.”

Emily Reichert voice over

“They're making our world cleaner and a better place to live, work and play.”

Vision

Rear of Emily walking through office

A colleague throws a ball, another one catches it, noticeboards in background

Scott Pearson voice over

“Batteries...it depends on your definition of dirty, but batteries like…

Vision

Close up of Aquion Energy logo patch on grey overalls

Overview of Aquion battery development area with cathode component in foreground, pan right

Scott Pearson in vision

Caption

Scott Pearson

Ceo, Aquion Energy

…lead acid batteries are dirty.

We started right from the beginning and tried to make a battery that was 100% sustainable…

Scott Pearson voice over

…when you make it, when you use it and when you dispose of it. So our batteries are no doubt cleaner, and better for the environment than anybody else's.

Companies like Shell that are enormous energy companies, are starting to think further out,

and starting to think about…

Vision

Close up of light-coloured liquid moving through transparent tubing

Close up of dark liquid being poured from a scoop

Machine components moving

Conveyor belt type component moving

Conveyor belt type component moving towards 4 x orange plug in cable ends

Machine arm moving back and forth

Stapler type component in action

Scott Pearson walking through spacious warehouse type area

Scott walks along by a row of glass doors

Wide view of Scott in the production area talking to a worker wearing a baseball cap

Close of baseball cap worker facing camera and nodding

Scott Pearson in vision

…the impact of renewables to the impact of the environment.”

Scott Pearson voice over

“And I think that's just a really good thing that they’re starting to get behind…

Vision

Female worker wearing grey overalls and safety glasses handles a length of transparent tubing

Scott Pearson in vision

…companies like Aquion. That will lead to deployments, that will lead to further business

and that will lead to…

Scott Pearson voice over

… better energy and a better energy ecosystem.”

Vision

Baseball cap worker raises his right arm to pull down a piece of equipment

Emily Reichert in voice over

“Greentown Labs is the largest clean technology incubator in the country. We are a place where clean technologies come to grow from building prototypes into companies…

Vision

Greentown Labs logo on brick exterior of building, zoom in

Close up of green leaves

Close up of three suspended circular discs, the front one has ‘Pat Pend’ at its centre

Officer worker sits down at desk in front of computer screen

Seedlings in a plant incubator with row of labels at far end

Close up of green leaves and white flower

Out of focus close up of three coloured nozzles, blue, white and yellow, they come into focus

Female colleague facing camera speaks to co-worker

Man working at desk, camera changes focus to the designs pinned on a board in the foreground

Worker looking through microscope

Close up of the worker’s hands soldering something with smoke rising

Emily Reichert in vision

…that can go out and be on their own and get their products into the market where they can have an impact.”

Graphic

Slowly spinning globe with red lines moving across continents to indicate location of STV’s portfolio companies

Text

Shell Technology Ventures

Since 2013, STV’s portfolio has grown to more than 16 companies, with deployed technology that spans the globe.

Geert van de Wouw voice over

“We'd like to do investments in companies in the renewable energy space as the energy industry

is transitioning to…

Vision

Rear of two colleagues in business attire inside glass building walking alongside windows, sculpture in foreground

Shell Pecten logo in outline on side of building seen through glass panes

Three people in business attire walking along pathway in green area with city buildings visible in background

Closer view of the three people

Geert van de Wow in vision

Caption

Geert Van De Wouw

Managing Director, Shell Technology Ventures

…a more renewable future. And so by taking strategic positions in small companies along that value chain, we start to better understand…

Geert van de Wouw voice over

where value is created and where there could be a strategic fit to Shell, going forwards.”

Vision

Tracking shot at ground level of glass panes and blue columns

Rod MacGregor voice over

“My co-founder and I…

Vison

Right pan to cylinder type structure with GlassPoint logo, steam blowing

Rod MacGregor vision

Caption:

Rod Macgregor

Ceo, Glasspoint Solar

…were inspired to make a difference to the climate, and so we started looking at who consumes…

Rod McGregor voice over

…the most energy.  And we were somewhat surprised to find that one of the largest consumers

Vision

Overhead view of piping with one technician in blue overalls walking past

Internal view of glass framing

Rod MacGregor voice over

…of energy is in fact the energy industry itself.

Within that, we identified enhanced oil recovery as being one of the applications which consumes vast amounts of heat.

There are…

Vision

With GlassPoint cylinder in background, a group of workers in blue overalls and hard hats walk towards camera

Close up of three workers in blue overalls standing in a circle talking

External view of troughs inside glasshouse with steam emitting outside

Internal view of mirror troughs inside glasshouse

Rod MacGregor in vision

…many different applications that you can apply solar to…

Rod MacGregor voice over

…and STVie helped us think through the pros and cons of those various markets. And ultimately we chose to pivot from industrial process heat…

Vision

Group of workers in blue overalls looking to the left, one of them is speaking

Internal view of glasshouse roof with blue sky above, pan round

Rear from low of the group of workers in blue overalls as they stand in a circle

Rod MacGregor in vision

…and focus exclusively on the oil and gas market.”

Audio

Sound of Shell

Graphic

Text

Shell Technology Ventures

[changes to]

S +T+V = STVie

invests hundreds of millions of dollars in great technology startups from oil & gas and clean tech sectors

Moving total in large numbers at bottom of screen

Geert van de Wouw in vision

“Personally, I like to engage with these startups because…

Geert van de Wouw voice over

…they radiate a lot of energy. You know, you cannot have but…

Vision

Scott Pearson facing camera chats with colleague

Emily Reichert stands nodding

Workers in blue overalls lined up as a group, back row standing, front row crouching

Geert van de Wouw in vision

…a lot of respect for the entrepreneurs that we deal with.”

Scott Pearson voice over

“It's a very big stamp of approval to be selected as an investment by a major corporation like Shell.”

Vision

4 x close ups of various moving machinery parts

Scott Pearson in vision

“It's something that helps us to feel good about ourselves but it also helps other investors and the general credibility of Aquion to have

Scott Pearson voice over

 …strategics like that on board.”

Vision

Close up of Shell Pecten logo engraved on glass revolving door, it comes to a stop

Rod MacGregor voice over

“So you're looking for someone who can come…

Rod MacGregor in vision

…and bring strategic value. And that's very much what we saw…

Rod MacGregor voice over

…from the investment from Shell Technology Ventures. “

Vision

Tracking shot passing a female lab technician at a lab desk reaching over work surface to touch computer screen, tracks right to male lab technician seated at workstation

Geert van de Wouw voice over

“To those entrepreneurs out there, I want to say that we are providing…

Geert van de Wouw in vision

…access to a broader ecosystem of suppliers, customers…

Geert van de Wouw voice over

…and investors, both strategic and venture capital firms, and I think that's the attractiveness

of working together with Shell Technology Ventures.”

Vision

Close up of bearded worker picking up a handful of pellets from a tray

Male entrepreneur wearing casual jacket presents idea

Female entrepreneur stands smiling

Emily Reichert in vision

“I believe that the most important thing that we can do is help get new technology out into the world where it can make a difference.

There are going to be many, many, many, many different ways that these technologies are going to help.”

Scott Pearson voice over

“We're really excited about what we're doing. We at Aquion think we're going to change the world in the next five or ten years…

Vision

Moving machine part, worker walks past in background

Close up of top of battery as it moves along the production line

Colleague, facing camera, talking to Scott Pearson, back of head to camera

View of green piping running vertical with Scott and colleague in foreground and ceiling lights in background

Scott Pearson in vision

… and we're excited to do it with our strategic partners, including STVie.”

Vision

Close up of large Shell Pecten logo, a colleague walks past it

Out of focus close up of Shell Pecten on white lab coat, it comes into focus

Graphic

Shell Pecten

Music

Shell outro sting

copyright?