04/04/2023 – Energy / Shell / Australia / Energy One / Automated / Battery / Agreement
Shell to use Energy One for automated battery energy trading
Energy One Ltd – the premier supplier of software and services to the wholesale energy market in Australia and a leading supplier to European wholesale markets – has entered into a long-term framework agreement with Shell Energy Australia to use Energy One’s solutions for its battery, demand response, renewable and other generation assets.
Initially controlling battery and demand response assets, Energy One’s fully automated bidding and dispatch solution, underpinned by its technology platforms, will allow Shell to operate any combination of generation assets in the Australian electricity market.
The solution also enables end users to rapidly develop, test and deploy trading strategies on an asset-by-asset basis, allowing Shell to flexibly operate its portfolio in a dynamic market with a growing proportion of distributed assets.
The solution is scalable to enable roll-out of future assets and can support multiple assets within a broader portfolio.
“We are excited to be able to extend our relationship with Shell and assist with its renewable energy transition,” remarked Energy One Group’s CEO, Shaun Ankers. “Our global capability in both technology and services means we can support a leading renewables developer, like Shell, with cutting edge solutions”.
Shell Energy Australia delivers business energy solutions and innovation across a portfolio of electricity, gas, environmental products and energy productivity for commercial and industrial customers, while its residential energy retailing business Powershop serves households and small business customers across Victoria, New South Wales, South Australia and South East Queensland.
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