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Prompt prices rise on dropping wind, nuclear supply

Prompt prices rise on dropping wind, nuclear supply
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Shell aims to produce clean aviation fuel, naphtha

Shell aims to produce clean aviation fuel, naphtha 2/26/2021 Royal Dutch Shell in Germany aims to produce aviation fuel and naphtha made from crops and renewable power and to increase to commercial scale an electrolysis plant that makes fossil-free hydrogen, as it seeks to move away from crude oil. The energy major told an online conference it had applied for subsidies to carry out the work from the European Union and from German funds earmarked for decarbonisation. Fabian Ziegler, head of Shell Deutschland, said several hundred million euros should be spent per year, but he did not give a desired ratio between company and public funding.

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