Shell is selling every solar farm it owns in the Netherlands. The five sites, plus a combined wind and solar park at Pottendijk near Emmen, are going to the French oil company TotalEnergies. The deal covers all of Shell’s wind and solar projects on land across Europe (its offshore windfarms are not included) and the company will not disclose what it is being paid. The Dutch sites can produce up to 254 megawatts between them, enough to power tens of...
that’s true, we don’t. my logic is that if they are divesting from renewables and doubling down on oil, it means they see a trend back into oil we aren’t right now. us govt seems to want to stay on it real bad, petrodollar shit.
could be that they want to surf on the currently high prices too.
You have two wars directly affecting major hydrocarbon exporting countries and the strategic reserves of several countries are at a generational low. Shell is likely betting that oil is going to spike, which probably isn’t bad for electrification as a concept.
We’ve also been seeing in adjacent industries that the skills to succeed in hydrocarbon related energy don’t exactly transfer well to non-hydrocarbon related energy. Shell may be bad at building out solar because solar works on different scales than they are used to.
We don’t need shell to build solar.
that’s true, we don’t. my logic is that if they are divesting from renewables and doubling down on oil, it means they see a trend back into oil we aren’t right now. us govt seems to want to stay on it real bad, petrodollar shit.
could be that they want to surf on the currently high prices too.
You have two wars directly affecting major hydrocarbon exporting countries and the strategic reserves of several countries are at a generational low. Shell is likely betting that oil is going to spike, which probably isn’t bad for electrification as a concept.
We’ve also been seeing in adjacent industries that the skills to succeed in hydrocarbon related energy don’t exactly transfer well to non-hydrocarbon related energy. Shell may be bad at building out solar because solar works on different scales than they are used to.
i’m glad we’re mostly depending on ethanol and biodiesel for our food to come to our local groceries. even then it’s gonna be difficult.
shit is getting shaken up that’s for sure.
Looks like Shell will use all their lobbying power to make sure nobody builds solar though