07.27.07

Luminant and Shell Join Forces to Develop a Texas-Sized Wind Farm
-

Shell WindEnergy Inc. and Luminant, a subsidiary of TXU Corp., announced today a joint development agreement for a 3,000-megawatt wind project in the Texas Panhandle and to work together on other renewable energy developments in Texas.

Shell and Luminant will also explore the use of compressed air storage, in which excess power could be used to pump air underground for later use in generating electricity. This technology will further improve reliability and grid usage and becomes more economical with large-scale projects, such as proposed for Briscoe County.

Recent testimony by Shell before the Public Utility Commission of Texas demonstrated the Briscoe County project could deliver the lowest-cost wind energy for consumers. This low cost is driven by excellent wind resources and the comparatively lower cost to bring that energy to market from the Texas Panhandle region.

"Shell is constantly looking for solutions to deal with climate change and increasing our energy diversity. Wind is part of the answer. Our approach is a cost-effective solution for consumers," said John Hofmeister, president of Shell Oil Company.

“Luminant is committed to providing Texans with clean sources of energy, and this agreement with Shell is a real next step in delivering on that commitment” said Mike Childers, CEO of Luminant Development. “Luminant is already the state leader in wind-energy purchases, and co-developing this project would take us a long way toward our goal of doubling our portfolio.”

About Shell

Shell WindEnergy Inc. is a subsidiary of Shell Oil Company. "Shell WindEnergy" refers to the companies of the Royal Dutch Shell PLC that are engaged in the pursuit and development globally of businesses related to wind power generation. Each of the companies that make up the Royal Dutch Shell PLC is an independent entity and has its own separate identity. Principal offices of Shell WindEnergy are located in The Hague, the Netherlands, with a regional base in Houston. For further information, please visit www.shell.com/wind.

Shell Oil Company, including its consolidated companies and its share in equity companies, is one of America's leading oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers. Shell, a leading oil and gas producer in the deepwater Gulf of Mexico, is a recognized pioneer in oil and gas exploration and production technology. Shell Oil Company is an affiliate ofthe Shell Group,a global group of energy and petrochemical companies, employing approximately 109,000 people and operating in more than 130 countries and territories.

About Luminant

Luminant, a subsidiary of TXU Corp., is a competitive power generation business, including mining, wholesale marketing and trading, construction and development operations. Luminant has over 18,300 MW of generation in Texas, including 2,300 MW of nuclear and 5,800 MW of coal-fueled generation capacity. Luminant is also the largest purchaser of wind-generated electricity in Texas and fifth largest in the United States. TXU Corp. is a Dallas-based energy holdingcompany that has a portfolio of competitive and regulated energy subsidiaries, primarily in Texas. Visit www.txucorp.com for more information about Luminant and TXU Corp.

Media
Tom Kleckner
214-812-3206

Shell Media Line
713-241-4544


Back to the News Releases Index

TXU Energy (REP Certificate No. 10004) and Luminant are not the same company as Oncor Electric Delivery and are not regulated by the Public Utility Commission of Texas, and you do not have to buy TXU Energy's or Luminant's products to continue to receive quality regulated services from Oncor Electric Delivery.