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Shell weighs investment in 150MW hydrogen facility in China

Wed, 06th Oct 2021 12:26

LONDON, Oct 6 (Reuters) - Royal Dutch Shell is
considering investing in a 150 megawatt hydrogen electrolyser
facility in China, CEO Ben van Beurden said on Wednesday.

"We are looking at a 150 megawatt electrolyser in China at
this point in time... the focus is on heavy duty transport and
industrial applications," van Beurden told the Energy
Intelligence Forum online conference.

He added that hydrogen, which is seen as a key fuel in the
world's transition to low-carbon energy, will not become a
material market for at least another decade.

"Hydrogen is the favorite baby in the energy system, but
let's bear in mind it is a baby. It is a very small component in
a much larger system, but it does indeed have a lot of promise."

(Reporting by Ron Bousso and Shadia Nasralla; editing by Jason
Neely)

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