The Netherlands to support Shell projects focused on hydrogen and carbon storage

The Dutch government will support Shell’s plans to reduce the carbon footprint of its operations in the Netherlands. Support is expected to come both through financial mechanisms and, for example, expedited permitting processes. The information was reported by international news service Argus.

According to Argus, Shell has agreed with the Dutch government to cut CO2 emissions from its operations in the Netherlands by 3.9 million tonnes by 2030, compared with 2020. This figure represents around 20% of the total reduction in greenhouse gas emissions that Dutch industry is expected to achieve by 2030.

From Shell’s perspective, projects focused on capturing and storing CO2 emissions (CCS), as well as low-carbon and renewable hydrogen, will be key to achieving this decarbonisation target. The government is expected to support projects in these areas through financial mechanisms, measures to stimulate demand for sustainable products, infrastructure development and faster permitting processes.

Shell plans gigawatt-scale hydrogen portfolio