Will Shell Oil Become An Industry Leader In EV Charging?

Shell, Total and BP are the three Europe-based oil multinationals, that started getting into the EV charging game back in 2017, and now they at every stage of the charging value chain.

One of the major player in the UK charging market is Shell. At numerous petrol stations (aka forecourts), Shell now offers charging, and will soon be rolling out charging at some 100 supermarkets.

Reported by The Guardian, that Shell aims to install 50,000 on-street public charging points in the UK over the next four years. This oil giant have already acquired ubitricity, which specializes in integrating charging into existing street infrastructure such as lamp posts and bollards, a solution that could make EV ownership more attractive to city dwellers who don’t have private driveways or assigned parking spaces.

According to the UK’s National Audit Office, over 60% of urban households in England do not have off-street parking, meaning that there’s no practical way for them to install a home charger. A similar situation prevails in many regions, including China and parts of the US.

In the UK, local councils have emerged as something of a bottleneck for installing public charging. Shell has a plan to get around this by offering to pay the upfront costs of installation not covered by government grants. The UK government’s Office for Zero Emission Vehicles currently pays up to 75% of the installation cost for public chargers.

“It’s vital to speed up the pace of EV charger installation across the UK and this aim and financing offer is designed to help achieve that,” Shell UK Chair David Bunch told The Guardian. “We want to give drivers across the UK accessible EV charging options, so that more drivers can switch to electric.”

UK Transport Minister Rachel Maclean called Shell’s plan “a great example of how private investment is being used alongside government support to ensure that our EV infrastructure is fit for the future.”

Shell continues to invest in clean-energy businesses, and has pledged to make its operations net-zero-emissions by 2050. However, it has shown no intention of scaling back its oil and gas production, and some environmental activists are not convinced. Recently, members of the group Extinction Rebellion activists chained and/or glued themselves to railings at London’s Science Museum to protest Shell’s sponsorship of an exhibition about greenhouse gases.

“We find it unacceptable that a scientific institution, a great cultural institution such as the Science Museum, should be taking money, dirty money, from an oil company,” said Dr Charlie Gardner, a member of Scientists for Extinction Rebellion. “The fact that Shell are able to sponsor this exhibition allows them to paint themselves as part of the solution to climate change, whereas they are, of course, at the heart of the problem.”


Post time: Sep-25-2021