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. 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.
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 short week wasn’t short on excitement throughout the system and in the Balancing Mechanism. As the UK got back into the swing of things following the Easter holiday weekend the System Price began relatively low (around £22/MWh).
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.
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).
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.
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
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.
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.
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.
Following the latest Firm Frequency Response (FFR) tender results, Limejump has been awarded 89MW of the total contracted National Grid Volume.