Shell: catching up in renewable energy

Shell is working on catching up in the field of renewable energy. That, says managing director Geert van de Wouw Shell Ventures, an investment vehicle of the oil - and gasconcern, in an interview with Bloomberg.

"We are working on catching up. Shell has been active in renewable energy, got there then, and now we are back", says Of the Kite. This year, Shell Ventures in almost thirty start-ups based on new technologies and fuel hatch. In addition to sustainable energy, for example, also to electric and autonomous driving. In addition, Shell to investments that the search for oil and gas cheaper.

In the coming years, will the Shell-part each year in some twenty to thirty start-ups steps. In doing so, the company generally has an interest of between 10 percent and 20 percent, says Van de Wouw