Highlighted in its new report –Shell: Energy transitions and portfolio resilience, Shell plans to combine its existing hydrogen, biofuels and electrical activities into a new unit, "new energies", under its revamped natural gas business.

The planned merger will be used as a platform for Shell to eventually step into the wind energy space but the company has insisted that its current business is not threatened by global policies to mitigate climate change.

Instead, Shell's new report aims to address to the oft-asked question of how exactly the company will position itself for the changes will come with a low-carbon future.

According to report, the new energies division will actively explore opportunities where commercial value is clear and profitable growth is delivered.

It will cover a variety of different avenues, including new fuels for mobility such as biofuels and hydrogen, and integrated energy solutions such as combined wind and solar energy.

It will also connect customers with new business models for energy that will be enabled by the digitalisation and decentralisation of our energy systems.

According to Shell CEO Ben van Beuden, the company’s assessment of the current energy climate has indicated “that there will continue to be commercial opportunities for Shell in oil and gas for decades to come.”

“This will provide a foundation to position the company successfully for the energy transition to a low-carbon system,” he said.

To date, Shell has injected $US1.7 billion ($A2.35 billion) in this new energy endeavour and will invest a further $200 million annually.

Shell’s specific focus of this new endeavour is on biofuels, hydrogen, wind and solar.