Shell in Germany eyes EU subsidies to go greenEuropost
The German subsidiary of Royal Dutch Shell announced it hoped to raise funds from EU and local government subsidies to speed its transformation plans for decarbonisation of fuel production, Reuters reported. The energy giant aims to introduce the production of plant based aviation fuel.
The global Shell group has set itself a goal of net zero emissions by 2050. It did not elaborate on expected cost of decarbonisation but outlined the speed of the process depended to both German government and EU subsidies.
At Wesseling, part of the Rheinland refinery complex, it plans to use green electricity to produce synthetic, carbon-free, power-to-liquids to replace its conventional jet fuel and naphtha output, building a ptl plant from 2023 and starting production in 2025. Hydrogen is also considered a green fuel when electricity from renewable energy is used in its production.
Shell said last September it will set up offshore wind farms to provide power and on Friday it said it could also start building a 100 MW electrolysis plant, to be called Refhyne II, from 2022, scaling up from a 10 megawatt plant.“The product portfolio of the location clearly must change,” said Fabian Ziegler, head of Shell Deutschland. To further the shift to clean transport in Germany, Shell also plans to equip petrol filling stations with electric car charging points.