Limejump, soon to be acquired by Shell, is adding hydro to its virtual power plant (VPP) and will trade its power into wholesale and balancing markets.
The firm has signed a deal with DHG Hydro for the 1.2MW Langwell hydro plant near Ullapool, Scotland. DHG has a lot more hydro assets, noted Limejump.
Access to wholesale markets via the Power Purchase Agreement (PPA) is worth around £300,000 for the plant, said Limejump, with additional value to be had from the Balancing Mechanism and ancillary services.
Details here.
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