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.
Limejump Finalises Power Purchase Agreement with NextEnergy Solar Fund, Increasing Solar Contribution to UK Wholesale Markets
Limejump and NextEnergy Solar Fund have agreed to terms on a new Power Purchase Agreement. This contract will contribute 120MW of solar generation through the Limejump Virtual Power Platform to trade on the Wholesale Market.
Energy tech leader Limejump has enjoyed further FFR auction success, highlighting the increasing role flexible energy sources have to play in the UK energy markets. Limejump was selected to provide 49MW of the total 53MW selected in the Fully Dynamic FFR Tender, 92% of the total Dynamic volume awarded in the latest auction.
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.
Stunning results deliver on Limejump’s market optimisation ability. Following on from the latest successful FFR auction results, Limejump has proven their expertise across another market with its latest Capacity market Prequalification results.
Limejump Dominates FFR Auction Results, Claiming 84% of the Fully Dynamic Volume Awarded in October’s Tender
Limejump’s success in National Grid’s most recent auction continues to provide distributed sources of energy generation with access to potentially revenue-generating markets. These encouraging results illustrate that renewable generation not only creates a better environment, it also provides business opportunities for developers to achieve ROI.
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.
Energy markets have undergone significant changes in just a few years. Gone are the days when the country relied on large power plants to supply energy to households. Just ten years ago, coal-fired power plants supplied 34% of the UK’s electricity. But this has plummeted to just 6.7% in 2017, as the government’s pledge to force unabated coal power off the UK grid by 2025 bites. Generation from renewable sources meanwhile hit 29%.
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.
It's been a big week here at Limejump so far and we have another surprise for you. A visual look at out Virtual Power Plant.
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.
Following the latest Firm Frequency Response (FFR) tender results, Limejump has been awarded 89MW of the total contracted National Grid Volume.
Limejump today announced that with the recent commissioning of an additional 20 MW of National Grid tested battery storage completed this week, adding to their current portfolio under management,
Limejump celebrates these auction results as an impressive 104MW of managed battery is included Auction results at a glance:
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.