Shell chief says Renewables ‘not yet keen’ to partner with gas

The president director of Shell Netherlands has told a conference in the Hague that while the gas power sector sees itself as a natural complement to renewables, the view isn’t yet being reciprocated.

Speaking at the European Autumn Gas Conference, Marjan van Loon said, "The renewables industry is not that keen yet to be [partnered] to fossil fuels.”
Marjan van Loon
Platts reports that the Shell chief commented that this is going to change.

"If you look at the dynamics of renewables, quite quickly they will see that their systems will need gas to meet peak [demand]. They will see that electrical systems have their limits," she said.

In the solar industry, van Loon said it will need a solution to its intermittency problems which could either be a battery solution or a gas solution.

"Gas is a very natural solution but I don't see it partnered yet," she added.

Van Loon also said the carbon market would not deliver a high enough emissions price quickly enough as countries attempt to meet climate targets. She said a carbon price in a range of Eur30-50/mt would only be reached by 2030, which is "much too late."



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