How Shell Is Preparing for Energy Sector’s ‘New Normal’

Dan Loney, a host on the University of Pennsylvania’s (UPenn) Knowledge@Wharton radio show, spoke with Shell Oil Co. President Marvin Odum about Shell’s approach to the changing energy landscape.

Odum said, “Shell recognizes that the world is in an energy transition — away from a focus on fossil fuels to a mix that places increased emphasis on renewable energy sources, electricity storage and possibly the use of hydrogen.”

He went on to say, “That transition is much more difficult than most people think it is, especially because of the scale of the energy system and the trillions and trillions of dollars that have gone into developing that system…there is a real need to understand the complexity of the energy system overall.”

Listen to the entire podcast.

Read more about Shell Oil Co. President Marvin Odum’s public forum at UPenn and hear what students asked him about leadership, the future of energy and challenging the status quo.