Shell Energy Europe has entered an offtake agreement for the power generated from the 108MW Egmond aan Zee wind farm off the Dutch coast.
Shell’s energy marketing and trading unit aims to start supplying electricity from the facility to industrial and commercial customers in Europe, it said without giving more details.
Egmond aan Zee, in operation since 2006, is owned by Shell and Vattenfall’s Nuon under a 50:50 joint venture.
The deal is in line with Shell’s intent to build its capability in areas relating to new energy, the company said.
“This agreement allows us to develop our expertise in wind management as well as establish Shell Energy Europe as an active participant in the renewable electricity market in Europe,” Shell Energy Europe general manager Jonathan McCloy said.
“Our experience and growth in power trading and power asset management enables us to maximize the value of an asset and optimize the supply and offtake of generation plants.”
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