Pacific Green and Shell's battery energy storage agreement

Under the terms of the Agreement, Pacific Green will be responsible for the construction, operation and maintenance of the BESS, while Shell will purchase the capacity and have the exclusive right to provide optimisation services for the next ten years. Scott Poulter, Pacific Green's Chief Executive, commented: "As one of the world's most prominent energy providers, Shell has proven itself to be a leader in the power trading and optimisation sectors.

"With this BESS development set to become one of the UK's largest batteries, finding an experienced and reputable optimiser is essential to the success of this project, and we are confident we have found that in Shell."

Tom Summers, Vice President, Shell Energy Europe and Africa, remarked: "We are pleased to have signed this agreement with Pacific Green on a project which will assist the UK's transition to a flexible and low carbon energy system. We see battery systems like Pacific Green's as a key contributor to Shell becoming a net-zero emissions business by 2050."

More on Pacific Green Technologies

Pacific Green Technologies, Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers BESS, Concentrated Solar Power and Photovoltaic energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit www.pacificgreentechnologies.com.

More on Shell Energy Europe Limited

Shell provides advanced and high-value solutions for energy assets and commodities, including natural gas, power and environmental products, across 14 European power markets. It provides business customers with innovative, reliable and cleaner energy solutions and helps them navigate through the energy transition. Shell Energy Europe Limited acts through its agent, Shell Trading and Shipping Company Limited.