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 are the key trends mentioned in the text regarding the future of energy?

How much of their capital expenditures are they currently investing in renewable energy?

What challenges do companies face when integrating different energy technologies?

What is the expected return on investment over the next 20 years according to the text?

In what ways is Shell positioning itself as a leader in the energy transition?