Shell has announced its plan to construct a 100-megawatt renewable hydrogen electrolyser, named Refhyne II, at the Rheinland refinery in Germany. This initiative is part of Shell's efforts to reduce carbon emissions at its refineries, with the electrolyser set to begin operations in 2027, generating up to 44,000 kilograms of renewable hydrogen per day. The company envisions that the renewable hydrogen produced could aid in decarbonizing site operations and potentially be supplied to lower industrial emissions in the region as demand grows. In parallel, Shell is developing the Holland Hydrogen I project in the Netherlands, a 200-megawatt renewable hydrogen plant. Despite experiencing setbacks in various low-carbon projects, Shell under the leadership of CEO Wael Sawan, who took office in January 2023, remains committed to investing $10-15 billion between 2023-2025 to support low-carbon energy initiatives. This investment strategy aligns with the company's focus on enhancing profitability by concentrating on operations like oil and gas. In 2023, Shell allocated $5.6 billion to low-carbon energy investments, with 23% dedicated to capital spending. The move to proceed with the Refhyne II project signals Shell's dedication to advancing sustainable energy solutions amidst a shifting energy landscape.