At Shell Energy, we use our global reach, technological capability, operational experience and market expertise to be at the leading edge of the energy transition.
Shell is strategically investing in new technologies and projects that will contribute to a cleaner energy system and help us progress towards our own ambition of being a net-zero emissions energy business by 2050 or sooner, in step with society.
Australia is a priority market for Shell’s global investment due to its strong growth in renewables and customer demand for a reliable, flexible and cost-effective pathway to a lower-emission energy system.
Shell is helping to shape Australia’s renewable energy landscape with investments in the Gangarri Solar Farm in Queensland and the successful utility solar developer, ESCO Pacific. We’re also investing in decarbonisation through our acquisition of Select Carbon, a specialist company that partners with farmers, pastoralists and other landowners to develop projects focused on absorbing carbon in the natural landscape.
Shell is further growing Australia’s solar sector and delivering more and cleaner electricity to supply our commercial and industrial customers through our investment with ESCO Pacific. ESCO Pacific is a successful and experienced Australian-focused utility-scale solar developer, having brought nearly 500 MW of projects to market since 2017, with a further 350 MW of solar assets under long-term management. Shell’s focus is on accelerating the development of ESCO Pacific’s pipeline of projects, contributing to the already rapidly developing solar market.
Forests, grasslands, wetlands and other natural ecosystems can be used to reduce emissions and capture more carbon, while benefiting biodiversity and local communities. This is commonly known as carbon farming. Shell made its first acquisition of a carbon farming company globally when it acquired Australia’s Select Carbon. Select Carbon will help us advance our own net-zero emissions vision while also giving our customers an opportunity to offset the emissions generated when using Shell products, such as through carbon credits. Select Carbon has developed and manages a portfolio of more than 70 projects covering about 9 million hectares across different ecosystems and agricultural uses, including in Australia’s diverse rangelands.
As a global energy provider, energy user and partner for change, we are on a decarbonisation journey to help us realise our net-zero emissions ambitions and contribute to a cleaner energy future for our business, our customers and the world. Learn more about our climate targets.
We’re investing in new energies to keep pace with the world’s changing energy system and to help drive down carbon emissions. Find out about Shell’s global investments in projects and new technologies in renewables, hydrogen, electric vehicle charging, biofuels, nature-based solutions and more.
