Shell's Innovation to Energy Future
Posted: 04/30/2014 10:04:30 Edited: 05/11/2014 09:05:48 Clicks: 910
Energy is vital for producing food, fuelling transport, and offering communication channels across the world. As the global population rises, more people are moving out of poverty and gaining access to energy. All sources will be needed to meet growing needs in a sustainable way. Everyone has a part to play. Shell uses advanced technologies and takes an innovative approach to help deliver more, cleaner energy and find ways to use energy more efficiently.
More than 9 billion people are expected to live on Earth by 2050, up from 7 billion today. Asia's fast-growing cities will absorb much of this growth, with three in four people living in urban centers. Billions of people will rise out of energy poverty.
As living standards improve for many across the world and more people buy their first refrigerators, computers or cars, energy use will rise. Total global energy demand could rise by up to 80% by mid-century from its level in 2000.
A range of sources will be needed to supply this vital energy over the coming decades. Up to 30% of the world's energy mix could come from renewables in 2050, with fossil fuels and nuclear providing the rest. At Shell we are finding ways to provide energy from cleaner sources and help customers use energy more efficiently.
Shell plans to spend $100 billion from 2011-2014 to support new energy production. Shell is entering more challenging environments to unlock new resources and boosting production from existing fields. At the same time, Shell is using advanced technologies and an innovative approach to limit our impact on the environment and find effective ways to engage with communities near to its operations.