LimeJump
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.
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