LimeJump

BusinessGreen staff
clock
 power-grid-pylon-electricity.jpeg
Image:

power-grid-pylon-electricity.jpeg

Company Name: Limejump

Headquarters: London

Website: www.limejump.com

Headcount: 50 people

Profile: Limejump is an energy company founded in 2012 which is bringing a new mindset to the energy market.

Through big data and innovation, this digital grid flexibility specialist is disrupting the traditional energy market and creating new ways to make it simple to earn revenue and maximise flexibility.

The company manages the largest portfolio of batteries in the UK is has become one of the largest managers of battery storage in the world.

In August, Limejump secured approval from Ofgem to compete in Balancing Mechanism Market alongside the Big Six and major power plants.

Limejump's "virtual power plant" technology has become the first aggregated unit to compete in the National Grid's Balancing Mechanism market.

Limejump's technology allows smaller renewables generators, demand side response (DSR) providers, and battery storage units to directly access the Balancing Mechanism market, which has until now largely been the domain of power plants and specific distribution sites with a generation license.

Its team is comprised of data scientists, a trading team, an engineering and projects teams and technology and commercial teams.

More on Technology

Gas market prices last month reached an all-time high of £4.50 per therm | Credit: iStock

Energy bill crisis: Renewables trade body calls for VAT to be scrapped and green levies moved

Trade body for clean energy and technology industries sets out ‘six point plan’ for how the government can tackle the ongoing gas price crisis

Cecilia Keating
clock 13 January 2022 • 3 min read
Schneider Electric snaps up Zeigo PPA platform

Schneider Electric snaps up Zeigo PPA platform

Multinational claims purchase will cement its position as world's 'largest and most experienced corporate renewable energy advisor'

Cecilia Keating
clock 13 January 2022 • 1 min read
Conventional nitrogen fertiliser production has a heavy emissions footprint

Green farming: Fossil fuel free fertiliser to be sold in Sweden from 2023

Farming cooperative Lantmännen is to purchase fossil-free fertiliser from Yara to sell to farmers in Sweden

Cecilia Keating
clock 13 January 2022 • 1 min read