Shell start bouw van Europa's grootste groene waterstoffabriek in Rotterdam

• Shell bezit en beheert ongeveer 10% van de wereldwijde capaciteit van geïnstalleerde waterstofelektrolysers, waaronder een elektrolyser van 20 MW in China en een elektrolyser van 10 MW proton exchange membrane (PEM) electrolyser in Duitsland. Ze kunnen respectievelijk 3.000 ton en 1.300 ton hernieuwbare waterstof per jaar produceren.
• Shell werkt aan een aantal projecten voor de productie van koolstofvrije waterstof met een potentiële capaciteit van meer dan 950 ktpa (Shell aandeel)
• Met Holland Hydrogen I willen we waterstof produceren met de elektriciteit die is opgewekt door windpark Hollandse Kust (noord). De wetgeving van de Europese Unie bepaalt onder welke omstandigheden de geproduceerde waterstof kan worden gedefinieerd als hernieuwbare waterstof of als een hernieuwbare brandstof van niet-biologische oorsprong (RFNBO). De criteria vallen onder de 'Renewable Energy Directive’ (RED) en we streven ernaar waterstof te produceren in overeenstemming met de richtlijn en de bijbehorende Delegated Acts (DA's). Sommige delen van de relevante EU-wetgeving, zoals de DA’s, worden momenteel besproken en zijn nog niet afgerond. We zullen rekening houden met de daaruit resulterende wetgeving bij de productie van waterstof.

• Shell owns and operates around 10% of the global capacity of installed hydrogen electrolysers, including a 20 MW electrolyser in China and a 10 MW proton exchange membrane (PEM) electrolyser in Germany. They can produce, respectively, 3,000 tonnes and 1,300 tonnes of renewable hydrogen a year.
• Shell is working on a number of low-carbon hydrogen production projects with potential capacity of over 950 ktpa (Shell share).
• With Holland Hydrogen I, we aim to produce hydrogen using electricity that has been generated by the offshore wind park Hollandse Kust Noord. European Union legislation determines under what conditions the hydrogen produced can be defined as Renewable Hydrogen or as a Renewable Fuel of Non-Biological Origin (RFNBO). The criteria are covered by the ‘Renewable Energy Directive (RED)’ and we aim to produce hydrogen in accordance with the Directive and its associated Delegated Acts (DAs). Some parts of the relevant EU legislation such as the Delegated Acts are under discussion and have not yet been finalized. We will take the resulting legislation into consideration when producing hydrogen.

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this press release, “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to entities over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

This press release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, “milestones”, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, July 6, 2022. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.

The content of websites referred to in this press release does not form part of this press release.

We may have used certain terms, such as resources, in this press release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.