Shell signs new power deal with world’s largest offshore wind farm
Shell Energy Europe Limited (SEEL) has secured a 15-year power purchase agreement for 240 megawatts of power to be produced from phase C of Dogger Bank, the world’s largest offshore wind farm, bringing Shell’s total offtake to 720 megawatts.
The agreement for phase C of the Dogger Bank Wind Farm follows an announcement in 2020 that SEEL would offtake 480 MW generated from phases A & B. Combined, the agreements represent 20% of the Dogger Bank’s anticipated generation capacity of 3,600 MW.
“Offshore wind is playing an increasingly important role in supplying the 鶹ý with low-carbon electricity,” said David Wells, Vice President at Shell Energy Europe. “This long-term agreement expands our portfolio of clean power and further supports the development of one of the most ambitious renewable power projects in the world.”
Shell has supplied power to energy retailers for many years and is working to increase the amount of electricity it supplies directly to commercial, industrial and residential customers.
Shell Energy Europe has made additional investment in clean power projects across Europe to help our customers avoid and reduce their carbon emissions and meet their decarbonisation goals.
Dogger Bank A and B is a joint venture between SSE Renewables (40%), Equinor (40%) and Eni (20%). In November 2021, it was announced Eni will take a 20% stake in the final phase, with SSE Renewables and Equinor each retaining 40%. Subject to Dogger Bank C Financial Close and regulatory approvals, the deal is expected to complete in Q1 2022.
SSE Renewables is leading on the development and construction of the project and Equinor will operate the wind farm on completion and during its operational lifetime of at least 35-years.
About Shell Energy Europe
Shell Energy Europe provides business customers with innovative, reliable and cleaner energy solutions, helping them meet their energy needs and navigate through the energy transition. Through our portfolio of gas, power and environmental products, we offtake, trade, supply and enable our customers to get the most from their energy assets. Shell Energy Europe Limited acts through its agent, Shell Trading and Shipping Company Limited.
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