Getting more from your renewable generation
A PPA is a contractual agreement where generators sell power to Limejump, offering generators complete transparency while also providing them with access to wholesale power market pricing. Limejump’s vast expertise in the renewable energy industry, paired with our intelligent platform, provides a seamless and easy route to market for renewable assets. This means, as part of the Limejump community, customers can maximise the value of the power they generate while also having access to the same market opportunities as large power stations. Limejump has a suite of market-leading PPA offerings that can be tailored to the individual needs of customers.
Our mission is to provide fair and transparent access to the market for our customers, ensuring they maximise their investment in renewable generation. We have been active in the UK PPA market since 2016, and have over 1GW of renewable generation capacity – enough to power 2.5 million homes via our platform. We manage renewable generators from all sources including solar, wind, hydro, landfill gas, anaerobic digestion, biomass, CHP and energy from waste.
Hydro, LFG, CHP
All of our award-winning PPAs utilise our innovative forecasting technology, access to our handy customer portal and a team of experts on hand to ensure customers are getting the best deal for their energy.
This means our 600+ satisfied customers know exactly what they earn for each MWh generated over their time with us. This is reflective of the UK forward power market and reduces our customers exposure to forward market price fluctuations.
This Day Ahead market trades in hourly blocks, so customers will get a different price for each hour they generate. This is most reflective of the true cost of electricity on a given day but can be very volatile between high and low demand periods. While this may sound like a time-consuming task, our customers have no need to worry, as Limejump’s intelligent forecasting software and dedicated trading team are always on shift to maximise an asset’s value.
Track & Trade customers therefore opt into the Day Ahead Index and Limejump tracks the forward power price on a daily basis on their behalf. Limejump also alerts customers when the price spikes and deviates from their agreed floor or ceiling levels, providing the flexibility to take advantage of price fluctuations and achieve greater optimisation of their generation asset.
Limejump’s award-winning and innovative PPA offering is evidenced by over 1GW of renewable generators opting to place their PPA with us across more than 500 sites. This includes some of the largest solar sites in the UK and the UK’s first subsidy-free wind site in the Balancing Mechanism. Limejump’s PPA products are truly market leading.
Using machine learning to forecast customers’ generation enables us to offer market leading prices for generation, as we are less exposed to variances between forecasts and actuals.
Customers gain access to our purpose-built and award-winning customer portal, which intelligently shares generation, pricing and billing data in one location.
Our 24/7 trading team shares market insights with customers through market reports straight to their inbox, enabling customers to know the most opportune time to lock in their power price.
Limejump provides full billing transparency via the customer portal. Transparency is important to us, so we send all of our backing data to our customers.
This is a charge applied by National Grid to reflect the cost of balancing the UK power grid in every half hour based on the volume of energy added or taken off the network. Renewable generators earn BSuos as typically their generation is deemed to help balance the system.
Charge for the maintenance cost of transmission network assets, covered predominantly by suppliers (73%). This charge is mainly based on your site’s share of demand on the transmission network, particularly during peak periods (Triads)
The price of forecasted generation, this is expressed as £/MWh.
Renewable Obligation Certificates- Introduced in 2002 as a subsidy scheme by the U.K government requiring licensed electricity suppliers to source more electricity from renewable sources. Renewable generators in the UK receive a ROC subsidy for every MWh of power they generate. ROCS are redeemed annually and generators are paid for their ROCs monthly as a percentage to the buyout price. Limejump is able to purchase your ROCs as part of your PPA.
REGOs are certificates of proof of renewable generation, designed to ensure that green electricity is not counted twice. Renewable generators earn one REGO for every MWh of power they produce, Limejump is able to purchase your REGOs as part of your PPA. REGOs are used by electricity suppliers to show what proportion of their energy fuel mix comes from renewable sources.
Generation distribution use of system charge is a credit awarded to renewable generators for helping generate power on the distribution system. Negative charges (credits) are applied when the additional exported power has a positive effect on the distribution of electricity, and positive charges are applied when the additional exported power has a negative effect.
Speak to one of our experts today and learn how we can help you get the best deal for the energy you generate. A Limejump PPA enables you to concentrate on your day to day, we make the onboarding and ongoing contract management simple through our customer portal. Click the link below, fill in your details and start maximising your revenue with Limejump.