National Trust’s Gelli Iago Hydro Plant in Snowdonia added to Limejump's Virtual Power Platform. Limejump, the energy tech leader, has secured its first Power Purchase Agreement with the National Trust. The 45kW Gelli lago hydro scheme, located in Snowdonia (North Wales), will become a part of Limejump's award-winning Virtual Power Platform (VPP).
Each week, we take a look at the week in flexibility trading that has just been, and a look at what's next. Enjoy our latest instalment. Last week kicked off with a lower than seasonal System Price of £48.65/MWh coupled with rising wind generation – a steady 3GW across the day before a peak of 5GW before bedtime, which helped meet the evening peak demand.
After a benign week at the end of March, the start of April last week delivered significant interest to the balancing mechanism. Tuesday gave us a morning with swings of up to £40 as the country got ready for work.
BusinessGreen, one of the UK's leading energy publications and web news sources has announced the finalists for their 2019 BusinessGreen Leaders awards.
Limejump is honoured to be shortlisted in 4 different categories at the 2019 Renewable Energy Awards, recognising the position Limejump has developed for renewable resources through the Limejump Virtual Power Platform.
The Week in Flexibility: Solar up, wind down, coal closing and a negative weekend …. another unpredictable seven days.
Our biggest news of the week comes from this weekend’s events. In a first of a kind scenario, the System Price dropped to -£50 for settlement period 21 (about the time you were relaxing with the Sunday papers) and remained negative until 4:30 pm resulting in an average System Price of just 6.29 for the whole day.
Latest FFR Auction Results: Limejump Secures 34% of the March FFR Dynamic Tender Auction, Including Contracts for both Balancing and FFR Volume
Limejump has continued its FFR tender dominance, securing 33MW of the 112MW total volume secured in the auction. This success provides Limejump customers with increased market access.
Welcome to our new weekly blog taking a look at frequency balancing activity. Each week we’ll share our view on the week just past and a look at what's next, so keep an eye on our blog for the latest instalment.
Limejump welcomes its acquisition by Shell London, February 27, 2019 Shell* has agreed to acquire Limejump Ltd, a UK based energy technology company. With this deal Limejump’s technology and management team will enable both companies to continue to take steps to support the UK energy system’s transition to a lower carbon future.
Limejump has achieved a new milestone for their Virtual Power Platform (VPP) as the energy tech leader begins supplying electricity to power Philip Dennis Foodservice food storage infrastructure.
At the beginning of 2018, we sat in a small but energetic office in Waterloo. This space had been the breeding ground for many of the adventures we were about to execute in the year to come.
Limejump celebrated further award success at the BusinessGreen technology awards on Friday the 7th December, hosted by the prestigious May Fair Hotel, London.
Winners Were Unveiled on December 6th at a Black-Tie Event in New York City Energy Tech leader Limejump was named Rising Star at the 2018 S&P Global Platts Global Energy Awards held in New York City. Hosted by S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, the annual awards program honours organizations and individuals in the energy industry who are dedicated to achieving excellence.
What are TRIADs? A TRIAD period is one of three half hourly periods of maximum demand that occur between November and February each year. Each TRIAD period must be separated by at least 10 days. They occur in winter evenings, around 16.30 and 18.30, when industrial demand coincides with residential demand.
Limejump enjoyed wider award recognition this week as the Energy Tech leader was awarded the Energy Showcase prize at the WIRED Smarter event held at Kings Place London.
Erik Nygard, CEO & Co-founder of LimejumpAt 16:23 on the 9th August 2018, a quiet revolution took place in the UK electricity market. A small team of disruptors at the Limejump offices in London supported by the full team of 50 people who have tirelessly worked towards this point over the last year crossed a finish line.
Anesco’s Breach Farm becomes first battery storage site to supply electricity to UK Balancing Mechanism
In a ground-breaking move for the UK’s renewables industry, a battery storage unit developed by Anesco has officially become the first battery storage asset to supply electricity to National Grid’s Balancing Mechanism.
Limejump enters the UK Balancing Mechanism Market increasing competition with the Big 6 and other major power plants
Smaller generators, Demand Response Sites and Battery Storage can now access the National Grid Balancing Mechanism market through Limejump’s advanced technology.
Limejump is working with Smartklub in consolidation with two energy programmes – the Sustainable Community Energy Networks (SCENe) and the Energy Research Accelerator (ERA) – as part of a community energy scheme.