Clean tech start-up raises £3m to facilitate flexible DER

By District Energy posted 07-31-2017 13:25

  

Diarmaid Williams , Decentralized Energy
July 27, 2017

Summary

London-based clean technology start-up, Limejump, has raised £3m for its virtual power plant network, aimed at disrupting the UK energy market through demand response, storage and smart grid assets.

Limejump combines a demand response service with flexible management services for small scale energy generators to create a "virtual power plant".

Using machine learning and Big Data technology, its platform works with small scale renewable energy, biogas, combined heat and power, and conventional generators, to 'bundle' flexibility to sell on to National Grid, allowing small, distributed assets to earn cash for boosting or cutting demand when necessary.

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#DemandResponse #News #NorthandCentralEurope #Data #UnitedKingdom #DemandSideManagement #GridModernization
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