The Times: Shell lambasted by partners as it seeks exit from offshore wind farm
May 1, 2008
Robin Pagnamenta, Energy and Environment Editor
Royal Dutch Shell yesterday provoked a storm of anger among its partners in the world’s largest offshore wind proposal when it revealed plans to sell its stake.
The world’s second-biggest oil company said that it planned to sell its 33 per cent stake in the London Array project, which plans for as many as 341 turbines off the Kent and East Sussex coasts. Shell, which reported record quarterly profits of £3.9 billion this week, is understood to have approached Centrica, the owner of British Gas, and other utilities about a possible sale.
Shell said the decision was made following reappraisal of its UK and European assets. While the value of the stake is unclear, the project is expected to cost £2 billion to build. London Array is hoped to generate 1,000 megawatts of electricity enough to power a quarter of London’s homes without the emission of millions of tonnes of carbon dioxide.
Shell’s partner on the project, E.ON, the German utility giant, criticised Shell for its decision to pull out. Paul Golby, the chief executive of E.ON UK, said that he was disappointed at the decision, which has plunged the project into crisis.
I believe that at the very least, some delay to the project is now inevitable. While we remain committed to the scheme, Shell has introduced a new element of risk into the project which will need to be assessed.
Dr Golby said that the economics of the project were marginal at best because of rising steel prices, bottlenecks in turbine supply and competition for key equipment.
The other partner on London Array is Dong Energy, a specialist in wind power that is majority-owned by the Danish Government.
Shell insisted that it remained committed to renewable energy. A spokeswoman said that most of its investment was focused on the booming US wind energy industry.
Nevertheless, its decision to exit the London Array project is a huge blow to the Government’s ambitious proposals to build 33 gigawatts of offshore capacity using wind generation around the UK by 2020 enough to power every home in the country.
The Department for Business, Enterprise and Regulatory Reform expressed optimism that the project would proceed.
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
