Future of Energy Tag

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.

Today the General Court of the Court of Justice of the European Union ruled in favour of Tempus Energy in its case against the European Commission annulling the Commission's decision not to raise objections to the aid scheme when establishing a Capacity Market in the UK. 

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%.