Nature Energy has entered into a major agreement to sell biomethane to Shell Energy Europe Limited. The long-term agreement is the largest of its kind and demonstrates the important role that biomethane can play in Europe’s transition to a lower-carbon society.
“The agreement is a seal of approval of biomethane as a key driver in the energy transition globally. We are proud that a major energy player like Shell is investing in our biomethane,” states Ole Hvelplund, CEO of Nature Energy, and continues:
“This agreement is a commercial breakthrough for biomethane. The size of the agreement also gives us more strength to realize new biomethane projects. We have ambitions to build several large-scale biomethane plants in Denmark, North America and other parts of Europe, and the agreement with Shell is a crucial step for both Nature Energy and the energy transition,” Ole Hvelplund states and continues:
“In our dialogue with Shell, we have seen how important it is for them to contribute to the energy transition. For this reason, we have no doubt that it is the right thing to come together in pursuit of spreading biomethane across Europe.”
Shell welcomed the agreement as part of its wider drive to provide more and cleaner energy solutions for society.
“Biomethane has an important role to play in the energy transition. This purchase is an important part of our work to provide a range of lower-carbon energy choices for our customers across Europe,” states Jonathan McCloy, General Manager for gas at Shell Energy Europe. He continues:
”We are pleased to strengthen our relationship with Nature Energy through this biomethane supply deal.”