Energy aggregator Limejump has secured a contract to trade the output generated by the 46MW Crossdykes wind farm in Scotland.
Muirhall Energy and WWS Development, which jointly own the wind farm in Dumfries & Galloway, awarded the contract to Limejump.
Crossdykes is the first subsidy-free wind farm to enter the Grid Balancing Mechanism, which is operated by National Grid ESO.
It is also the largest wind site to enter Limejump’s generation portfolio.
With Crossdykes, Limejump has used intelligent price management to offset risk via a “track and trade” power purchase agreement (PPA).
The aggregator has used market pricing information to “track” the market and lock the price in at the optimum time.
Limejump will also enter the wind farm into the Capacity Market.
Limejump senior business development manager Kristina Rabecaite said: “Bringing subsidy-free wind into the Balancing Mechanism is a red-letter day for the industry.
Our collaboration with Muirhall Energy and WWS is part of the new era of maturity in onshore wind and the power trading landscape. Together, we will play a strong role in the journey towards zero net carbon by 2050.”
Limejump CEO Catherine Newman said: “The decision by Muirhall Energy and WWS to work with Limejump underlines the depth of market knowledge and trading experience that we have at Limejump.
“And with us also being a part of the Shell Group, our trading team provides our current and future customers a level of assurance that few of our competitors can provide.”
“The Crossdykes contract reinforces our company’s commitment towards a more sustainable energy future and to maximise revenues for all asset owners. We are also determined to fully utilise data science and technology to accelerate the growth of renewables and flexibility in the increasingly decentralised market.”
Muirhall Energy has constructed over 120MW of onshore wind projects across the UK, and has more than 1GW in its development pipeline with 300MW due to be constructed in the next two years.
Company found and managing director Chris Walker said: “Muirhall Energy and WWS are delighted to have developed the first subsidy-free onshore wind farm using next generation wind turbines in Scotland.
“For the Muirhall team to conclude the transaction with Limejump was an important milestone in the Crossdykes journey. We were drawn to Limejump by their technical expertise, trading experience and track-record in renewables.”