Royal Dutch Shell’s plans to take on the Big Six energy suppliers include buying gas-fired power plants and building wind and solar farms in Britain. The Anglo-Dutch oil company will use its network of 1,000 petrol stations to market the venture and sign up household and business energy customers, Maarten Wetselaar, an executive director of Shell, said. It aims eventually to offer related services, such as electric car charging in homes. Mr Wetselaar, Shell’s head of integrated gas and new energies, told The Times that Shell had “significant advantages” over the Big Six – British Gas, SSE, Scottish Power, Npower, Eon and EDF – because it was starting “without any of the legacy that they have, in terms of coal-fired power plants or big bureaucracies or IT systems from the wrong century”. Ben van Beurden, the group’s chief executive, said last week that offshore wind in the North Sea was of particular interest. Shell owns wind farms in the Netherlands, but Mr Wetselaar confirmed that it was also lo oking at projects in Britain. He said it was interested in wind farms that were in development or that had subsidy contracts but were yet to be built, such as Neart na Gaoithe off Fife or Triton Knoll off Lincolnshire. Mr Wetselaar would be keen for Shell to “play a role in” plans for a vast Anglo-Dutch offshore wind park on the Dogger Bank.
Times 10th Feb 2018 read more »