Shell Energy Europe has signed a fixed-price tolling agreement with Penso Power and BW ESS, covering the 100 MW / 330 MWh Bramley site in the UK for seven years. The UK is one of the leading markets worldwide in terms of financial and regulatory structures that enable battery energy storage, with the result that while the biggest battery tolling agreements have been signed in the US (many of them also recent news, like the dispatch rights agreement between Salt River Project and Aypa Power’s 1 GWh Signal Butte project late July), the UK has a disproportionate share. Under the agreement, Shell will control the discharge of the Bramley project, securing clean energy for its operations, while providing revenue security…