Shell plans to enter UK power market

Shell Energy Europe has announced plans to enter the UK power market. It has applied for a licence to supply electricity to industrial and commercial businesses in Britain. The oil […]

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By Priyanka Shrestha

Shell Energy Europe has announced plans to enter the UK power market.

It has applied for a licence to supply electricity to industrial and commercial businesses in Britain.

The oil giant plans to start signing them up now to start providing them with power early next year.

Jonathan McCloy, General Manager North West Europe at Shell Energy Europe said: “The decision to offer power supply directly to end users in Great Britain’s industrial and commercial sector reinforces our strategy to boost our position in Europe’s electricity market.

“In addition to supplying Shell’s assets in Great Britain, we intend to supply power to other large industrial complexes from early next year.”

The company is present in 14 European power markets and offtakes renewable power from wind farms and solar parks in Britain and mainland Europe.

Earlier this year, Vattenfall announced plans to enter the UK home and business energy markets.