Catherine Newman has joined energy tech company Limejump as chief operating officer (COO), to help grow and strengthen the business.
She joins the company from Gazprom Marketing & Trading, where she had worked for 11 years holding a number of senior positions. Prior to this position she worked for BP, another O&G major.
Newman will join the company with immediate effect and work with the company’s co-founder and chief executive Erik Nygard.
Nygard welcomed her, saying : “Catherine brings a wealth of hands-on operational and management experience, which will be invaluable as we grow Limejump’s business, under the umbrella of Shell’s ownership.
“Catherine is a visionary leader and first class commercial digital operator; I am delighted that she has chosen to join Limejump.”
Shell acquired Limejump in February 2019 as part of a sweep of clean energy acquisitions. At the time the company said the deal would “super-charge” Limejump’s business and enable its technology and management to support the UK’s clean energy transition.
Newman said that it was “wonderful” to join a company with “such a clear and positive sense of purpose”.
“I’ve been impressed by the ambition and the drive of the people that I am working with and this is what makes me so excited about helping the Limejump platform and offering go even further.”
“Its pioneering work within trading and data in the new energy transition, combined with Shell’s scale and depth of knowledge, is a strong proposition to Limejump’s existing and prospective customers. A focal point throughout my career has been leveraging technology to enable commercial success whilst delivering an outstanding level of service. This is what I will bring to Limejump’s customers.”
Recently, Limejump announced it was set to optimise 100MW of battery storage, providing grid balancing and frequency response. The Minety project, developed by Penso Power and located in Wiltshire, in south-west England, consists of two 50MW lithium-ion batteries is one of the biggest in the country.