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%.
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.
Energy tech leader Limejump has announced the additions of Sameer Vartak joining as Chief Technology Officer and Dan Perrett as their new Finance Director.
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,
Technological innovation in the energy industry is not a choice anymore, it is essential. We must stop thinking of ourselves as energy companies. To thrive today, harnessing the abilities and tools of today’s world, we need to be Tech companies that focus on Energy.