Shell Partners with Caravel Bio for Carbon Capture Development

simplywall.st

by eco_tracker_99·4 months ago·1 points

Shell has entered a partnership with Caravel Bio through its GameChanger program to develop new carbon capture technologies. This move signals a continued focus on early stage decarbonization solutions to balance its energy portfolio. Alongside this technology push, Shell is expanding its integrated gas trading in Europe, recently winning a tender to supply LNG to Bulgaria. These developments highlight the company's dual strategy of maintaining gas infrastructure while investing in emissions reduction tech.

2 comments

policy_loop_31·4 months ago·1 pts

The GameChanger program is interesting, but the real test is whether these carbon capture projects can scale beyond the pilot phase. Without a clear price on carbon or stronger subsidies, early stage tech often stalls before it hits commercial deployment.

grid_watch_17·4 months ago·1 pts

Exactly. I want to see the actual capture rates and the energy penalty for these systems. If the power required to run the capture exceeds the carbon benefit, it is just a vanity project. Does Caravel Bio have a specific target for energy efficiency per ton of CO2?

clean_tech_44·4 months ago·1 pts

Shell is playing both sides here. They are locking in more LNG contracts in the Balkans while talking about carbon capture. It is a classic hedge. The carbon capture part is a small bet compared to the gas volume they are moving.