(“Retail sites” refer to gas stations, a spokesperson said when reached by phone, although the company didn’t respond to further questions.) In tandem, it wants to grow its electric vehicle charging network from 60,000 charge points currently to around 500,000 by 2025. Shell already owns 46,000 retail sites and wants to increase that to 55,000. Shell’s plan to focus on the retail side of the renewables business would build on its existing strength as a retail provider of gasoline and diesel. “We aim to be a leading provider of clean Power-as-a-Service,” the company said. Part of that plan relies heavily on carbon offsets, including spending an expected $100 million per year on “ nature-based solutions” such as planting trees.īut the real substance of the plan involves bulking up its retail operations and overhauling them to focus on sales of renewable electricity directly to households and electric vehicle owners. It wants to reduce the carbon intensity of its energy products by 6-8% by 2023, 20% by 2030, 45% by 2035 and 100% by 2050, against a 2016 baseline. To achieve net-zero emissions by 2050, including emissions from its own products, Shell has linked the salaries of 16,500 staff to a series of carbon reduction targets. An, like many stations of its scale, it features solar panels, providing 300,000 kilowatt-hours of renewable energy every year.“The company has to generate the cash it needs to reinvent itself and shift its mix towards renewables in preparation for a long-term net zero future,” said Russ Mould, Investment Director at financial services firm AJ Bell.įrom retail gasoline to retail power, biofuels and hydrogen Shell's Recharge Shenzhen Airport EV Station offers a driver's lounge, vending machines, a Shell Cafe, and a convenience store. The station has already served over 3300 EVs every 24-hour cycle during its trial period prior to its full-scale launch in September, making it Shell's largest charging station in the country.īut the station is more than just a row of charging points. That's exactly what Shell has opened last month near the airport in Shenzhen, China, in one of the country's largest cities. But how about a charging station with 258 fast-charging stalls? Some efforts are under way in the US to bring large charging plazas with dozens of connectors to the US East Coast, but such projects have yet to come online.Ī charging station with a dozen or more stalls is still a rare sight in the US, found mostly along busy interstate routes in the west at the moment-exactly where you'd expect to see such a station.The energy company is experimenting with converting gas stations to EV charging stations, complete with solar cells on canopies for extra power generation. Shell has opened its largest EV station in the world outside the airport in Shenzhen, China, with 258 fast-charging stalls.
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