European oil giant Shell joined as an investor in LanzaJet to advance the Illinois-based company’s global growth, accelerate commercialization of its technology, and scale the production of Sustainable Aviation Fuel (SAF). Shell joined founding investors in LanzaJet, including LanzaTech, Suncor Energy Inc., Mitsui & Co., Ltd., and more recently, British Airways, as well as participation from All Nippon Airways. In addition to its initial investment in LanzaJet and similar to the phased investment approach used with all of the LanzaJet investors, Shell will have the opportunity to make further investments in the construction of larger-scale production facilities over the coming years.
Canadian Enerkem, with a group of strategic partners, that include major investor Shell, along with Suncor and Proman and Hydro-Québec supplying green hydrogen and oxygen, and with the support of the Québec and Canadian governments, will build a biofuel and renewable chemicals plant in Varennes, in the Greater Montréal area.
Varennes Carbon Recycling (VCR) will produce biofuels and renewable chemicals made from non-recyclable residual materials as well as wood waste. The plant will leverage green hydrogen and oxygen produced through electrolysis, transforming Quebec’s excess hydroelectricity capacity into value-added biofuels and renewable chemicals. VCR will be a major creator of quality local direct and indirect jobs during its construction and operation.
Green hydrogen is a beacon of hope in the energy transition, both as a carbon-free fuel for industry and transportation, and as a key raw material for the chemical industry. Green hydrogen is produced from water by electrolysis using electricity generated from renewable resources. It is still much more expensive than conventional hydrogen, which is generally obtained from methane gas in a process that releases carbon dioxide. As well as sufficient low-cost electricity generated from renewables, investment in the electrolyzer is a key factor in cost-efficient production of green hydrogen.
Royal Dutch Shell will join a consortium of world-leading companies comprising Air Liquide, Nouryon (formerly AkzoNobel Specialty Chemicals), Enerkem and the Port of Rotterdam as a partner in Europe’s first advanced waste-to-chemicals facility in Rotterdam, the Netherlands. Shell will become an equal equity partner in the proposed commercial-scale waste-to-chemicals (W2C) project, which will be the first of its kind in Europe to make valuable chemicals and bio-fuels out of non-recyclable waste materials.
Statoil, Shell and Total entered CO2 storage partnership. The three partners aims at maturing the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway.
The Energy Technologies Institute is seeking partners for a new bioenergy project which aims to improve understanding of the future of biomass logistics in the UK.
The ETI is a public-private partnership between global energy and engineering companies, such as BP and Shell, and the UK Government. Its role is to act as a conduit between academia, industry and the government to accelerate the development of low carbon technologies. It brings together engineering projects that develop affordable, secure and sustainable technologies to help the UK address its long term emissions reductions targets as well as delivering nearer term benefits.