• CERAWeek
  • March 18 - 22, 2024

Zoe Yujnovich

Shell

Upstream Director

Zoë Yujnovich was appointed Shell’s Upstream Director and joined the Executive Committee in October 2021.  She has more than 25 years’ experience in various aspects of industry, from frontline operations to project execution and strategic leadership. Most recently she was Executive Vice President for Shell’s Conventional Oil & Gas business with operations in 19 countries. Previously she was Country Chair for Shell’s businesses in Australia and New Zealand and Executive Vice President for Oil Sands in Canada. Prior to joining Shell, she served in a number of management roles for Rio Tinto.  Zoë has lived in nine countries across five continents and sits on several not-for-profit Boards. She holds an engineering degree from the University of Western Australia and an Executive MBA from the University of Utah. She is married with three children.

Sessions With Zoe Yujnovich

Monday, 6 March

  • 03:05pm - 03:45pm (CST) / 06/mar/2023 09:05 pm - 06/mar/2023 09:45 pm

    Scaling Critical Technologies: How quick?

    Innovation & Technology
    A wide spectrum of climate technologies is necessary to reduce emissions. While solar PV and wind are commercial and being deployed at scale, IEA’s Net Zero Roadmap for the global energy sector stated that 50% of emissions reductions in 2050 are expected to come from technologies that are not yet available at scale: carbon capture and storage, hydrogen/ammonia, large duration storage and advanced nuclear. In 2022, U.S. (Infrastructure Investment and Jobs Act and the Inflation Reduction Act) and EU (European Green Deal, Fit For 55 and REPowerEU) passed legislations to accelerate deployment and scaling of clean energy technologies. However, rapid deployment of these technologies in developing nations will be crucial for their decarbonization and development goals. Why is government intervention and investment necessary for scaling critical technologies? Should the EU follow the U.S. strategy and provide green subsidies to the European industry? Would CCS, hydrogen and long-duration storage follow the same cost and deployment trajectory as solar PV? Is there too much techno-optimism? What actions should policymakers take (in your respective regions) to streamline permitting of clean energy infrastructure? Forecasts for peak oil turned out to be very wrong. Will it be the same for critical minerals, i.e., demand growth will incentivize new sources of supply? What is needed to accelerate the flow of technology and investment to developing countries?