limejump

February 18, 2021

Limejump hails ‘terrific response’ in power market as it adds 170MW already in 2021

Limejump has added more than 200 renewable generators to its Virtual Power Plant (VPP) through Power Purchase Agreements (PPAs) in 2021.

January 7, 2021

Balancing Mechanism hits £3,000/MWh as margins remain tight through cold snap

Great Britain’s tumultuous energy week has continued, with system tightness leading to West Burton B being called at £3,000/MWh yesterday (6 January).

January 6, 2021

Power prices reach record high as tight margins drive N2EX beyond £1000/MWh

Power prices have spiked to a record level for this afternoon, as cold weather and low wind tighten margins again.

In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.

December 4, 2020

BM prices skyrocket to £1,000/MWh as cold weather and low wind bites

Prices in the Balancing Mechanism hit £1,000/MWh last night (03 December) with two CCGT offers accepted at the price.

September 24, 2020

Limejump takes first subsidy-free wind farm into the BM

Limejump is to trade the power output of the first subsidy-free Scottish wind farm, taking it into the Balancing Mechanism (BM).

July 2, 2020

Limejump founder Nygard to depart as Newman takes the interim reins

Limejump’s co-founder and CEO, Erik Nygard, is to leave energy tech firm Limejump.

May 11, 2020

National Grid ESO reduces embedded generation over bank holiday weekend

National Grid ESO’s new Downward Flexibility Management service was brought into play this weekend to cut embedded generation, along with the Grid Code modification which was also approved.

April 7, 2020

Catherine Newman brings 'visionary leadership' as she joins Limejump senior team

Catherine Newman has joined energy tech company Limejump as chief operating officer (COO), to help grow and strengthen the business.

ENA calls for a number of measures for the UK to include in the upcoming Spring Budget. Image: Pxfuel NC.

March 25, 2020

COVID-19 drives down demand as lockdown affects usage patterns

As the country goes into lockdown, the power demand profile is changing due to the shutdown of offices and industry.

March 5, 2020

Electricity system price rockets to £2,242/MWh as questions raised over calculation methods

The UK’s electricity system price spiked to £2,242/MWh last night (4 March 2020) following lower than expected wind generation during the evening peak.

Stay Current!

Subscribe to email newsletter!