Connect with us

Environment

Local energy trading market launched on Orkney islands

Published

on

A trial focused on delivering real-time trading between renewable generation and local grid flexibility on the Orkney islands has been successful, with project lead Electron noting that more than 1,300 trades have been completed as part of a demonstration projected.

The project will now focus on bringing more parties into the LEM

The BEIS-funded project TraDER is being led by Electron to bring generators and renewable assets together in a local energy marketplace (LEM) to overcome curtailment of renewable assets and generators when their outputs are lower than what they should be.

More than 1,300 trades have taken place on the Orkney islands, which is a favourable location for wind development in particular. However, the efficiency of assets and the grid is

Continue Reading