Shell Sees Solar as Biggest Energy Source After Exiting It

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Royal Dutch Shell Plc says solar power, a business it abandoned four years ago, may expand into the world’s biggest source of energy in the next half century.

The proposition that photovoltaic panels will be the main power source by 2070 is one of the New Lens Scenarios Europe’s largest oil company published today in a report on energy demand this century. A second has natural gas as the main fuel by 2030. Both come with risks to energy producers and the climate.