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Shell and HTEC Launch Canada's First Retail Hydrogen Vehicle Refuelling Station

 June 15, 2018 - 1:30 PM EDT

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Shell and HTEC Launch Canada's First Retail Hydrogen Vehicle Refuelling Station



Shell and HTEC Launch Canada's First Retail Hydrogen Vehicle Refuelling Station

Canada NewsWire

This station is the first of three sites that Shell and HTEC plan to open in Vancouver

CALGARY, June 15, 2018 /CNW/ - Today, Shell and Hydrogen Technology & Energy Corporation (HTEC), launched Canada's first retail hydrogen refuelling station for hydrogen fuel cell electric vehicles, located at 8686 Granville Street. This is the first retail hydrogen vehicle refuelling station in Canada open to the public, and the first of three sites that Shell and HTEC plan to open in Vancouver.

Shell Canada Limited (CNW Group/Shell Canada Limited)

"After bringing hydrogen refuelling sites to other markets globally, we are excited to work with Vancouver-based technology provider, HTEC, to add even more locations to our growing network," said Oliver Bishop, GM of Hydrogen for Shell. "This is early days for hydrogen in Canada, but we believe hydrogen fuel cell electric vehicles have the potential to be an important part of a future low-carbon transport system."

Hydrogen fuel cell electric vehicles convert hydrogen into electricity and produce only heat and water when driven. They offer an alternative to the conventional internal combustion engine, a driving experience similar to battery electric vehicles, and zero local emissions. Hydrogen vehicles can drive up to 700 kilometers and can be refuelled in a few minutes at a standard station with a hydrogen dispenser.

The launch of the Vancouver station follows similar openings in the UK, California, and in Germany, where Shell is part of a joint venture with the ambition to open a network of up to 400 hydrogen sites by 2023. Shell is also assessing the potential of future projects in the United States, Switzerland, Austria, France, Belgium, Luxembourg, China and the Netherlands.

"Working with HTEC to bring hydrogen refuelling to Vancouver is one of many exciting ways we are advancing cleaner energy solutions and evolving to meet the changing expectations of customers," said Michael Crothers, Shell Canada President and Country Chair. "Canada is well suited to capitalize on the energy transition thanks to the ingenuity of Canadians and our willingness to work together. We're grateful for the collaboration between industry and government that was instrumental in making this station a reality."

Critical investment in the station comes from LGM Financial Services, along with funding from both the Provincial and Federal governments, through the BC Ministry of Energy, Mines and Petroleum Resources and Western Economic Diversification Canada's WINN initiative respectively.

"HTEC is proud to be partnering with Shell to build three retail hydrogen stations as part of a six-station network in Greater Vancouver and Victoria," said Colin Armstrong, CEO of HTEC. "Refuelling infrastructure must be in place to support hydrogen fuel cell electric vehicle rollouts and it's exciting to see Canada's first wave of retail hydrogen refuelling stations being built here in BC."

Shell is investing in the development of new fuels. We believe that all fuel and vehicle options will be required over the coming decades to meet growing demand for transport, reduce CO2 emissions, improve air quality and respond to changing customer needs.

NOTES TO EDITORS:

About hydrogen and fuel cell electric vehicles:

  • Hydrogen fuel cell electric vehicles are one of the technological innovations that help reduce emissions and address air pollution while offering convenience for motorists.
    • Hydrogen fuel cell electric vehicles are powered by electricity and only produce water vapour, helping to improve local air quality.
    • Hydrogen technology has potential to store energy easily and hydrogen fuel cell electric vehicles do not produce CO2, or other harmful emissions from their tailpipe.
    • Energy is stored in compressed hydrogen fuel, rather than in a battery.
  • Hydrogen mobility is a partnership journey between energy infrastructure providers, automotive OEMs and government funding bodies. Hydrogen fuel cell electric vehicles will only be bought by customers if there is a refuelling infrastructure. Establishing and maintaining investment in fuelling infrastructure is only commercially attractive and sustainable if there are enough hydrogen fuel cell electric vehicle customers and appropriate government and funding support to start installation of the infrastructure network.

About Shell Canada Limited: 
Shell has been operating in Canada for over 100 years and employs more than 4,000 people across the country. Our business is providing energy to Canadians and people around the world, and we are one of the few truly integrated oil and gas companies in Canada. Learn more at www.shell.ca.

Follow us on Twitter: @Shell_Canada

About HTEC:
HTEC is unlocking the potential of hydrogen to reduce urban air pollution and the impacts of climate change by designing and building hydrogen fuel supply solutions to support the deployment of hydrogen fuel cell electric vehicles. Partnering with government, industrial gas companies, key equipment suppliers, automotive companies, and energy companies, HTEC is delivering safe, reliable, convenient, sustainable and low-cost hydrogen to customers and consumers, how, when and where they need it.
HTEC: Fuelling the Drive to Hydrogen. www.htec.ca

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this release "Shell", "Shell group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". The term "Shell interest" is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

This release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as "aim", "ambition', ''anticipate'', ''believe'', ''could'', ''estimate'', ''expect'', ''goals'', ''intend'', ''may'', ''objectives'', ''outlook'', ''plan'', ''probably'', ''project'', ''risks'', "schedule", ''seek'', ''should'', ''target'', ''will'' and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell's Form 20-F for the year ended December 31, 2017 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this release, May 31, 2018. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release.

We may have used certain terms, such as resources, in this release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov

SOURCE Shell Canada Limited

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Copyright CNW Group 2018

Source: Canada Newswire
(June 15, 2018 - 1:30 PM EDT)

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