Shell to invest up to £25 billion in UK energy system over next decade

Shell to invest up to £25 billion in UK energy system over next decade

Shell has announced it will invest up to £25 billion in the UK energy system over the next decade.

Writing in response to Rishi Sunak’s Spring Statement, Shell UK country chair David Bunch said “I can announce that Shell UK is planning to invest between £20 and £25 billion into the UK energy system over the next decade”.

Mr Bunch referenced the Chancellor’s calls for a “culture of enterprise” and greater capital investment to increase UK productivity, growth and skills development.