Energy Storage, Industrial, Sourcing Renewables - February 18, 2020
Shell invests in Europe's largest battery system
Shell is expanding its investment in renewable energy through a multi-year power offtake deal that will make possible the construction of a 100 MW battery story project in England – the biggest in Europe to date.
Shell Energy Europe Limited signed the agreement in suppor of the China Huaneng Group-backed Minety power storage project in south-west England. The project will consist of two 50 MW batteries and will allow SEEL and Shell subsidiary Limejump to optimize the use of the system through its Virtual Power Platform.
“Projects like this will be vital for balancing the UK’s electricity demand and supply as wind and solar power play bigger roles in powering our lives,” David Wells, Vice President of SEEL, said in a statement. "Batteries are uniquely suited to optimising power supplies as the UK moves towards net-zero carbon system.”
The project also has backing from the Chinese sovereign wealth fund CNIC and is expected to be completed by the end of the year.