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Shell, Eni and Enbridge Step Up Investments in Renewable Energy

Shell, Eni and Enbridge are actively expanding renewable energy capacity while maintaining hydrocarbon exposure, as the U.S. Energy Information Administration forecasts coexistence of both sectors through 2050.

Shell, Eni and Enbridge Step Up Investments in Renewable Energy

CountriesÉtats-Unis, Royaume-Uni, Italie, Canada
CompaniesPlenitude, Shell, Eni SpA, Enbridge Inc
ThemeIndustrie & Exécution, Stratégie d'entreprise

Major oil and gas companies are intensifying their presence in renewable energy, seeking to capture opportunities from progressive energy transition. The U.S. Energy Information Administration (EIA) indicated in its 2023 Annual Energy Outlook that renewables will increasingly meet electricity demand through 2050. Shell, Eni, and Enbridge are among the groups best positioned to benefit from this dynamic. These three companies maintain their hydrocarbon exposure while developing large-scale renewable portfolios.

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