We are seeing a huge shift in the makeup of the energy mix both at home and overseas. With demand levels low, fossil fuel use increasingly is being priced out of the stack by zero marginal cost renewables. This is having an interesting impact on prices at the Day Ahead and Within Day stages.
The Fortnight in Flexibility: Disruptive CCGT and extreme imbalances paint the picture of the past two weeks
Welcome to a bumper two-week issue of our Week in Flexibility blog. 55 was the number of the day on Tuesday 14th January, with the day’s prices hovering at £55/MWh for pretty much the whole day.
Scaling Limejump’s Hydro Portfolio provides asset optimisation for all, and offers another push towards 100% carbon net-zero energy
Why community energy groups, as well as commercial players need to squeeze every last drop of value from their distributed generation assets.
Limejump continues to grow its renewable energy portfolio with the addition of one of the UK's most innovative investment funds.
This December, Limejump will be excited to round off a fantastic year by participating in this year’s S&P Platts Global Energy Awards.
Limejump has again enjoyed success in the monthly FFR tender auction. Limejump secured 34% of volume - 104MW of capacity across 17 Limejump-managed assets.
The Week in Flexibility: Negative Prices Lead to a Charging Payday and a Significantly ‘Low’ Thursday
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. After the excitement of the previous week, it’s unsurprising that the last week seemed a little sedate in the world of flexibility.
Blackout Disruption and Concerns Over Interconnector Trading Further Underpin the Need for a New Market for Inertia in the UK
by Erik Nygard, CEO Limejump Like much of the industry, we are eagerly assessing the fallout from the blackouts earlier this month to consider how we – as a collective energy sector – can learn from what happened and prevent any future disruptive reoccurrence.
The Week in Flexibility: A Dynamic end to the week caps prices while Aberthaw burns through reserves
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: We could be forgiven for forgetting all about flexible trading last week as cycles of speculations and corrections regarding the previous week's blackout #powercut was still the hot topic for everyone in the industry.
Friday’s blackouts: A Domino energy effect in action, and how the energy sector can prevent this happening again
by Erik Nygard, CEO Limejump On Friday 9 August, just before 1700, National Grid oversaw a sharp system frequency drop following the trip of Little Barford gas-fired power station which was generating roughly 700MW at the time. This has been referred to on social media as the #powercut.
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 balancing mechanism delivered action last week with Limejump managing 319 instructions across the week.
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’s heatwave was always going to make for an exciting week in flexibility trading.
Wind PPAs, powered by Limejump, deliver winds of change and a fairer deal for developers and operators
Onshore wind has caused much debate in the last decade. The glut of development approvals in the late noughties – fueled by the promise of ROCs and, at times generous, FIT subsidies – saw them pop up prolifically across the UK.
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 a record-breaking moment right now. A date for the diary. As we write this the UK electricity network has functioned without coal utilisation since 11 am on May 1st, breaking the previous record for the number of consecutive hours powered without coal, currently at 146 and building.
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.
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.
Erik Nygard, CEO & Co-Founder and the Limejump team Last year’s report “Global Warming of 1.5C” by the UN's Intergovernmental Panel on Climate Change highlighted the severe impact of inactivity towards tackling climate change