Shell enters European wind energy market

Shell WindEnergy announced today that it has acquired a 40 per cent share of the La Muela Wind Park in north-east Spain from TXU Europe Energy Trading.

Shell WindEnergy today announces it has acquired a 40 per cent share of the La Muela Wind Park in north-east Spain from TXU Europe Energy Trading. The transaction marks the beginning of commercial-scale wind operations in Europe for the Royal Dutch/Shell group of companies.

La Muela comprises 132 NEG-MICON 750 kilowatt wind turbines, split into two 49.5 megawatt wind parks located 15 kilometres south-west of the city of Zaragoza. La Muela has been operational since construction was completed in February 2003.

Shell WindEnergy’s partners in the La Muela project include BVT Energie und Umwelttechnik AG (30 per cent), Gruppo Falck (26 per cent). The remaining four per cent is held by Diputacion General de Aragon and PDF Share Capital, GmbH.

Elsewhere in Europe Shell WindEnergy is a 50 per cent participant in the NoordZeeWind consortium, selected to develop the Near Shore Wind Park, 10 kilometres off the coast of Egmond aan Zee in the Netherlands. A final investment decision for this 99 megawatt project is expected in early 2004.

Shell WindEnergy also participates in two pilot European wind projects, the four megawatt Blyth project in the UK which was the world’s first offshore wind development and a 3.6 megawatt project at Harburg, Germany, the world’s first wind development on a refinery site.