European oil and gas giant Shell is mapping out its next moves to expand its Australian power business and aims to develop more renewables and zero-emissions hydrogen projects locally to capitalise on the accelerating clean energy revolution.
It has been speculated that Shell may now be assessing other takeover opportunities including for New Zealand power supplier Meridian Energy’s Australian retail business Powershop. However, AGL’s long-term supply contracts for continued coal-fired power generation may reduce its appeal, he said. Australia’s long-haul transport sector also offered the prospect of significant local hydrogen demand, as more fleets turned to hydrogen fuel-cells to reduce emissions, he said.
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NickToscano1 Just follow the money with Shell. Just look at what She’ll are doing with its Australian fleet.
NickToscano1 If we had a public owned energy generation the sector would have developed a transition plan ten years ago, be well on the journey and be making commercial advantage of our success. Instead we have a foreign corporation swooping in to profiteer on our inaction.
NickToscano1 They have a good eye for where the government subsidised Ponzi scheme is growing
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Shell has sights on Australian power market as green shift acceleratesExclusive: European oil and gas giant Shell is seeking to expand its Australian power business and develop more renewables and zero-emissions hydrogen projects locally | NickToscano1 NickToscano1 How about they stop drilling any more gas wells on our prime farming land in Qld. Arrow Energy is full tilt drilling new gas wells. Arrow Energy is 50/50 Shell and PetroChina. NoNewGasWells today Shell NickToscano1 'describing the country as an attractive location for manufacturing the fuel due to its abundance of land' yes Shell is destroying Qld productive agricultural land & precious groundwater system in Darling Downs. BlackRock you can have a say as a shareholder of Shell auspol
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Shell has sights on Australian power market as green shift acceleratesExclusive: European oil and gas giant Shell is seeking to expand its Australian power business and develop more renewables and zero-emissions hydrogen projects locally | NickToscano1 NickToscano1 How about they stop drilling any more gas wells on our prime farming land in Qld. Arrow Energy is full tilt drilling new gas wells. Arrow Energy is 50/50 Shell and PetroChina. NoNewGasWells today Shell NickToscano1 'describing the country as an attractive location for manufacturing the fuel due to its abundance of land' yes Shell is destroying Qld productive agricultural land & precious groundwater system in Darling Downs. BlackRock you can have a say as a shareholder of Shell auspol
Source: smh - 🏆 6. / 80 Read more »