Europe’s largest battery storage project, the 100-megawatt system in Minety in Wiltshire, South West England, is now fully operational. Controlled and optimised by Shell-owned Limejump, the battery will help balance the UK’s electricity demand, providing electricity for up to 10,000 homes for a day before being recharged.

Shell Energy Europe Limited signed a multiyear offtake agreement in early 2020 to trade all of the power from the battery, as part of Shell’s wider work to help accelerate the transition to cleaner energy sources. The Minety project, consisting of two 50-megawatt batteries, was developed by Penso Power and funded by China Huaneng Group and CNIC Corporation.

“Flexible storage and supply systems such as Minety have an essential role in balancing supply and demand – especially as renewable power sources become increasingly central to the UK’s energy needs,” David Wells, VP Shell Energy Europe, said. “We fully support the UK’s target of achieving a net-zero emissions society by 2050. Projects like this will enable that transition.”

The Minety scheme is now the largest battery within National Grid ESO’s Dynamic Containment market, which was set up last year to deal with sudden frequency issues with grid balancing. 

Limejump is an energy-tech platform that connects and delivers renewable and stored energy to the UK’s electricity system and wholesale markets. As more renewable energy connects to the electricity system, supply becomes less predictable and batteries are needed to help National Grid balance supply and demand. Limejump manages more than 400 megawatts of responsive assets, including Minety’s 100-megawatt battery, that can be rapidly dispatched to support the grid when needed.

Catherine Newman, CEO of Limejump said: “Delivering the Minety project during Covid has been an amazing team effort, and with our colleagues at Shell, we can now focus on optimising Minety’s performance and supporting National Grid ESO.”

Shell aims to make power a significant business that could sit alongside its oil, gas and chemicals businesses. It is building an integrated power business that includes generating renewable electricity, buying and selling it, storing it and supplying it directly to customers.

Contact:

Shell Media Relations: +44 207 934 5550

Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

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This release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this release, 15 July 2021. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release.

We may have used certain terms, such as resources, in this release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

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