Bernstein identifies hidden gems in European energy sector for 2025

In recent months, Shell has taken strides in utilizing artificial intelligence to reshape operations within the energy sector. Partnering with NVIDIA, the company has successfully increased the speed of energy simulations, achieving runs that are up to a million times faster than traditional methods. This remarkable development enables the swift evaluation of various factors crucial to carbon capture and storage projects, thereby playing a vital role in meeting net-zero emission goals. Beyond simulations, Shell has implemented AI in its Visual Remote Sensing (VERS) program, which employs geospatial AI technologies to optimize clean energy investments and biofuel identification from satellite data. Shell's commitment to democratizing AI across its workforce has resulted in a vibrant community of over 12,000 members dedicated to AI development. The company emphasizes a structure that allows employees to innovate within 'green zones,' where they can develop low-risk applications with minimal oversight. This nurturing environment has led to thousands of active users contributing to Shell's AI initiatives, which aim to enhance operational safety and minimize emissions through machine vision systems. These efforts reflect Shell's recognition of the increasing importance of digital skills in addressing the complex challenges of the energy sector. Moreover, the transition to a more distributed energy landscape requires an holistic approach, where new technologies like solar battery walls and electric vehicles play significant roles. Experts within Shell, such as Dan Jeavons, underline the necessity of integrating diverse perspectives to navigate the evolving energy market effectively. The research initiatives supported by AI technologies at Shell extend into critical areas such as electric vehicle infrastructure and strategic placement of charging stations, highlighting the company's proactive stance in fostering cleaner energy solutions. As the broader energy transition progresses, Shell’s proactive embrace of artificial intelligence signifies an important shift for traditional energy companies adapting to contemporary demands. The interplay of innovation, sustainable practices, and efficient resource management positions Shell uniquely within the global ambition to achieve cleaner and more efficient energy systems for the future. This initiative not only enhances Shell’s operational capabilities but also sets a precedent for the industry, emphasizing the importance of technological advancements in tackling climate change and advancing sustainable energy solutions.