Shell close to FID on several hydrogen projects

Electrolyser capacity may well triple or quadruple in next few months as firm looks to invest in hydrogen, CEO says

Shell is close to making FIDs on a number of hydrogen projects in northwest Europe, according to CEO Ben van Beurden. The company already operates the 10MW Refhyne electrolyser to supply green hydrogen to its Rheinland refinery near Cologne and recently started a 20MW electrolyser in Zhangjiakou in China—one of the three largest electrolysers in the world. These projects are eventually expected to scale up to 100MW and 60MW respectively. They currently give Shell a c.10pc share of global electrolyser capacity. “Hydrogen is a very topical part of the energy system, and we are probably the ones who are making most progress on the ground,” says van Beurden. “I’m very excited that the lead posit