Shell Energy has acquired the development rights to a 500 MW battery energy storage system (BESS) project in Australia. Under the terms of the agreement, Shell will be granted the right to build, own, and operate the Wallerawang 9 Battery project (FID). The former Wallerawang Power Station site near Lithgow, New South Wales (NSW), will be used for the project’s construction.
Following the agreement, Shell will be the first tenant at the refurbished Wallerawang Power Station, which Greenspot is developing as a master-planned multi-use area and hub of economic growth. Greenspot is a privately held company in NSW that was formed to acquire and repurpose property assets, the majority of which are from the fossil fuel sector. For the Wallerawang 9 Bess project, which will be connected to the nearby Wallerawang Substation, the firm has received development authority. Coal-fired energy generation was previously transmitted to the grid by the 330kV Wallerawang Substation.
In December 2022, Octopus Energy Group, based in the UK, signed a power purchase agreement with Shell Energy Europe to purchase 2.4 TWh of wind energy per year from the Dogger Bank offshore wind farm. In accordance with the agreed-upon agreements, Octopus Energy would receive enough renewable energy from the 3.6 GW Dogger Bank project to power 800,000 of its client houses.