What is Shell’s view of the potential for hydrogen?
With its only local emission being water, the fuel cell has enormous potential to help cut the emission of greenhouse gases globally and improve local air quality. Hydrogen could also increase security of energy supply. We see hydrogen as an opportunity for growth for the Shell Group and consider it as a preferred fuel in the longer term, initially mainly from natural gas and later increasingly from renewable energy sources. However there are still major barriers to be overcome. These include cost; technological barriers such as developing efficient hydrogen storage solutions; and the development of a hydrogen infrastructure.