Shell aiming for EV charging and low-carbon fuels to provide 20% of its fuel station revenue by 2025

Shell aiming for EV charging and low-carbon fuels to provide 20% of its fuel station revenue by 2025

Royal Dutch Shell is looking to have 20% of its revenue from its fuel stations worldwide coming from the recharging of electric vehicles and sales of low-carbon fuels by 2025, according to a Reuters report.

It has been previously reported that the multi-national oil and gas company is pursuing this path aggressively, having begun the rollout of fast charging points at its own retail stations in the Netherlands, the UK, Norway and the Philippines.

It is also set to tap into public charging, with the purchase of Dutch-based electric car charging company New Motion in October immediately providing it with access to over 30,000 EV charging points in western Europe.

There is also the added dimension of domestic and workplace charging, which it is likely to approach via its latest purchase, that of UK household energy and broadband provider First Utility. The deal, announced yesterday, will take Shell into a new sector of the retail market, which is the supply of energy to UK households.

The idea of having consumers pay for the recharging of electric vehicles at fuel stations is something that is bound to come along as the switch to electrification intensifies. In Malaysia, EV charging stations are currently available at petrol stations, but it’s not yet a revenue stream as charging is free. Presently, Petronas Dagangan has ChargEV charging points at 66 stations nationwide, which will eventually be expanded to 100 locations, while BHPetrol has its own charging network running at selected stations.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Farrock on Dec 22, 2017 at 5:18 pm

    Petronas has got a follower.
    https://paultan.org/2017/10/13/petronas-dagangan-plans-for-100-ev-charging-stations/

    Like or Dislike: Thumb up 1 Thumb down 0
  • The problem with Shell implementing here meaningfully is, their stations r dinky small plots compared to Pet & BHP. They have very very few stations here thats big enuff to keep EV cars that r parking there charging by hours.

    Like or Dislike: Thumb up 5 Thumb down 0
    • Johnson Amigos on Dec 22, 2017 at 6:51 pm

      PetronM got best fuel quality & big stations.

      Like or Dislike: Thumb up 6 Thumb down 1
      • Petron stations too few to be meaningful even if all of them have EV facilities.

        Like or Dislike: Thumb up 1 Thumb down 0
  • Nakoruru on Dec 24, 2017 at 9:05 am

    Future drycells requires minutes to full charge with high power delivery charges in petrol stations while still needs hours in normal house charges. This alone will benifit petrol stations, not to mentioned high rise owners which has no ways to charge from their home.

    Like or Dislike: Thumb up 0 Thumb down 0
 

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