Shell has announced its plans to build a 100-megawatt renewable hydrogen electrolyser, the Refhyne II, at the Rheinland refinery in Germany. This project is part of Shell's efforts to reduce carbon emissions at its refineries and decarbonize site operations. The electrolyser is expected to be operational by 2027, producing up to 44,000 kilograms of renewable hydrogen per day. Shell also envisions supplying renewable hydrogen to help lower industrial emissions in the region as demand increases. In parallel, the company is working on the Holland Hydrogen I project in the Netherlands, a 200-megawatt renewable hydrogen plant. Despite facing challenges with low-carbon projects under the leadership of CEO Wael Sawan, Shell is committed to investing $10-15 billion in 2023-2025 to support low-carbon energy development. Previously, the company divested from some renewable and hydrogen projects, power markets, and refineries to focus on more profitable operations, primarily in oil and gas. Shell's recent investments in low-carbon energy signify its shift towards sustainable practices and its goal to improve profitability while reducing environmental impact.