Royal Dutch Shell rebranded energy and broadband provider First Utility as Shell Energy and switched U.K. residential customers to a renewable electricity supply.
More than 700,000 homes were switched to renewable energy sources, such as biomass, solar and wind, according to CNBC.
“This is a good example of our approach to building a significant electricity business, in line with customer needs,” said Mark Gainsborough, executive vice president, Shell New Energies.
Shell New Energies was set up in 2016 and focuses on new fuels for transport, including advanced biofuels and power, CNBC reports. Shell agreed to buy First Utility in December 2017, and the acquisition was completed in February 2018.
“Shell recognizes the world needs more energy with lower emissions, and this will give customers more flexibility, greater control and cleaner energy,” said Gainsborough.
