Demand Response Tag

Limejump's Virtual Power Platform enjoyed success at the annual Renewable Energy Association's prestigious awards, celebrated at the Intercontinental Hotel Park Lane in London last night (12 June 2019).

  Each week, we take a look at the week in flexibility trading that has just been, and at what's next. Enjoy our latest instalment: Let’s address this right away, last Friday provided the world of flexible energy trading with a jolt of excitement.

Each week, we take a look at the week in flexibility trading that has just been, and at what's next. Enjoy our latest instalment. Last week closed with a rush of activity; First, on Friday – as we celebrated a new record for weeks coal-free energy generation – the France-UK interconnector tripped, causing frequency in the UK to drop to 49.63Hz.

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. It’s been a busy week in flexibility trading world. The sunny week gave way to an unprecedented renewable generation mix for market trading. First the coal-free record was broken again on Saturday (now over 10 days and counting).

  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. The week kicked off with strong input from solar and wind. Monday’s solar output reached 9.47GW at around noon, surpassing a previous high of 9.38GW from May 2017.

  Rob Sherwood, Head of Trading and Operations at Limejump Recently we received National Grid ESO’s latest annual Power Responsive Report. The report provides an overview of programme activities, industry developments, and – for our statistical indulgence – detailed market metrics from the last year.

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 started on a huge high as the UK cantered towards a whole week without coal generation. Not only were we smashing the previous record of no coal usage (and it is worth remembering that it was only set last month).

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. The steady but unseasonably warm weather made for a stable start to last week as we started refrigerating our chocolate eggs, eagerly beginning the countdown to Easter.

  In Part 2 of this Limejump report, our trading team takes a look at the various markets we participate in and the combined influences that shape these. Our Traders have identified a number of trends throughout the quarter to develop our market view. In this instalment, we focus on the Balancing Mechanism and ancillary markets.

In Part 1 of our new Limejump Quarterly report, our trading team takes a look at the various markets we participate in and the combined influences that shape these. Our Traders have identified a number of trends throughout the quarter to develop our market view. These evolving trends and insights will be influential for our asset optimisation strategies throughout the remainder of 2019.  

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.

  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’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%.