BNEF Brief: Shell’s Push Into Power

The video discusses Shell's approach to the energy transition, focusing on renewable energy and decentralization. Shell aims to increase its capital expenditures in renewable energy from 5% to 15-20% by 2030, aspiring to become the largest electricity power company. The company is investing in new energy technologies, including energy storage and rooftop solar, and faces challenges in integrating these technologies. Shell is a leader among oil majors in committing to distributed energy, competing with European utilities and aiming for an 8-12% return over 20 years.

What percentage of capital expenditure does Shell plan to allocate to renewable energy by 2030?

• 25-30%

• 15-20%

• 10%

• 5%

What are the two main trends discussed in Shell's new energy strategy?

• Privatization and regulation

• Innovation and sustainability

• Electrification and globalization

• Decarbonization and decentralization

Which company is mentioned as a competitor to Shell in the new energy sector?

• ExxonMobil

• TotalEnergies

• BP

• Chevron

What is a significant challenge for Shell in integrating new energy technologies?

• Regulatory hurdles

• Lack of skilled workforce

• High operational costs

• Integrating diverse technologies and companies

What return on investment does Shell aim to achieve in the new energy sector over the next 20 years?

• 5-7%

• 8-12%

• 13-15%

• 16-20%