Good Energy announces Nigel Pocklington as its new CEO, while Limejump appoints both a new CTO and COO.
Almost a year since she took over the reins, Current± caught up with Limejump’s chief executive Catherine Newman to discuss capitalising on the changing market, Dynamic Containment and working as a scale-up.
The T-1 Capacity Market (CM) auction has cleared at a record high price of £45/kW/year on day one.
Limejump has added more than 200 renewable generators to its Virtual Power Plant (VPP) through Power Purchase Agreements (PPAs) in 2021.
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).
Power prices have spiked to a record level for this afternoon, as cold weather and low wind tighten margins again.
Prices in the Balancing Mechanism hit £1,000/MWh last night (03 December) with two CCGT offers accepted at the price.
Limejump is to trade the power output of the first subsidy-free Scottish wind farm, taking it into the Balancing Mechanism (BM).
Limejump’s co-founder and CEO, Erik Nygard, is to leave energy tech firm Limejump.