Since the start of January, Limejump, part of Shell’s Renewables & Energy Solutions division, has added more than 200 renewable generators to its Platform through Power Purchase Agreements. Limejump has increased the number of renewable sites that it manages in the UK by 40%. These new sites have overwhelmingly been wind and solar and have added 170MW of renewables capacity to Limejump’s award-winning platform.
Limejump manages one of the largest entech platform’s in the UK, with over 1GW of renewable capacity, demonstrating its continued leadership in the UK energy tech trading arena and helping to accelerate the UK’s energy transition. As well as wind and solar, Limejump’s platform also hosts a sizeable portfolio of hydro, anaerobic digesters and batteries.
Demonstrating its continued leadership in the UK energy tech trading arena and helping to accelerate the UK’s energy transition. As well as wind and solar, Limejump’s platform also hosts a sizeable portfolio of hydro, anaerobic digesters and batteries.
Since the start of the year, well below average temperatures in the UK (and Asia) have resulted in a volatile prompt and forward power market.
Genna Boyle, Limejump’s Head of Business Development said: “Forward markets were extremely volatile, with monthly baseload forward contracts moving by more than £5/MWh some days, due to very tight market conditions. Our tech-led approach and trading expertise enabled us to quickly capture these market opportunities for many of our new and existing customers.”
This follows Shell setting out its strategy last week to accelerate its transformation into a provider of net-zero emissions energy products and services, powered by growth in its customer-facing businesses.
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