At-a-Glance:
Shell Energy Europe BV has agreed to supply Amazon.com Inc. with renewable energy, which will help the U.S. online retailer power its business completely using clean energy by 2025 which is five years ahead of Amazon’s target. To learn more, read “Shell enters supply deal with Amazon to provide renewable energy.”
Key Takeaways:
- Shell Energy Europe BV said it will provide the renewable energy from a subsidy-free offshore wind farm constructed off the coast of the Netherlands.
- According to a press release distributed by Shell, the wind farm will be operated by The CrossWind Consortium, a joint venture between Shell and Eneco.
- Starting in 2024, Amazon will offtake 250 megawatts (MW) from Shell and 130 MW from Eneco, for a total of 380 MW.
- “Supplying Amazon with electricity from this offshore wind farm contributes to their net-zero pledge while progressing our own ambition to be a net-zero emissions business by 2050 or sooner,” stated Elisabeth Brinton, Executive Vice President of New Energies at Shell.
Path to 100% Perspective:
Achieving a 100% renewable energy future requires collaboration and innovation to serve organizations and utility partners. Mutually beneficial partnerships, such as the newly established agreement between Shell and Amazon, is an impactful strategy with the potential to accelerate decarbonization. Although costs continue to decline for renewables, the need for ongoing solutions to create flexible, reliable and sustainable grids continues to be the overarching challenge in reaching renewable energy goals.
Photo: Nicholas Jeffway on Unsplash