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The new energy future
Everyone has a part to play in securing a new low-carbon energy future. At Shell we are working to deliver cleaner energy and helping our customers to use less energy.
The world is shifting towards a new low-carbon energy future. It will be powered by a range of sources, from cleaner fossil fuels to renewables.
But to reach it, governments, industry and customers must work together. Shell is already taking the first steps with partners to tackle the challenges that lie ahead.
The energy transition will take time and fossil fuels will continue to provide the bulk of energy for many years to come. We use advanced technology to open up new sources of oil and natural gas and to squeeze more from existing resources.
We use a range of approaches to tap into the energy of natural gas, the cleanest-burning fossil fuel. It emits 50-70% less carbon dioxide (CO2) than coal when burnt to generate electricity. We liquefy natural gas for shipping to markets from remote fields, and we turn natural gas into cleaner-burning liquid transport fuels and other products. From 2012, we will produce more natural gas than oil.
A tanker loading unit for the Sakhalin II LNG project in Russia
Low-carbon biofuels offer the most commercially realistic way to reduce CO2 emissions from transport in the coming years. We are working to increase the sustainability of today’s biofuels, and investing in the development of advanced biofuels.
Carbon capture and storage (CCS) technology will be critical, according to the International Energy Agency. It predicts that CCS could be removing over 10 billion tonnes of man-made CO2 emissions a year by 2050. We have taken firm steps towards several major CCS projects and are involved in a number of demonstration projects. However, a price for CO2 must exist to give companies an incentive to develop and install this technology.
We are also working to improve the energy efficiency of our own operations, helping to lower greenhouse gas emissions.
In a new, low-carbon energy future cars will be powered by a wide range of fuels and energy sources, from advanced petrol and diesel to biofuels, electricity, and even hydrogen.
We are helping our customers use less energy. We are developing more advanced fuels and lubricants to help drivers go further on less fuel, and we offer driving tips to further improve economy. We also help build roads using less energy and with fewer CO2 emissions because our technology allows asphalt to be mixed at lower temperatures.
With our customers and partners, Shell is helping to secure the new energy future.