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.
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%.
Erik Nygard, CEO & Co-founder of LimejumpAt 16:23 on the 9th August 2018, a quiet revolution took place in the UK electricity market. A small team of disruptors at the Limejump offices in London supported by the full team of 50 people who have tirelessly worked towards this point over the last year crossed a finish line.
Anesco’s Breach Farm becomes first battery storage site to supply electricity to UK Balancing Mechanism
In a ground-breaking move for the UK’s renewables industry, a battery storage unit developed by Anesco has officially become the first battery storage asset to supply electricity to National Grid’s Balancing Mechanism.
It's been a big week here at Limejump so far and we have another surprise for you. A visual look at out Virtual Power Plant.
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.
Following the latest Firm Frequency Response (FFR) tender results, Limejump has been awarded 89MW of the total contracted National Grid Volume.
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,
The new tech energy revolution is here, there is no doubt about it. Change is happening and the old massive power plants are being sentenced to death. This is through a combination of factors such as a legacy of
From Blue Chips to start-ups, some of the UK's most exciting green businesses will be celebrated at this year's awards including three nominations for Limejump in the following categories:
Limejump is the only UK based company selected for this prestigious honour. Innovative companies from around the world recognized for their leadership in clean energy technologies and business transformation
Limejump celebrates these auction results as an impressive 104MW of managed battery is included Auction results at a glance: