The Decentralised Energy Awards are the leading Awards for those involved in decentralised energy, recognising and celebrating the people and projects which have developed innovative decentralised energy solutions designed around the needs of the user. We are delighted to announce Centrica Business Solutions as winners of the Power and Flexibility Award – Innovation for our Cornwall Local Energy Market (LEM) project, the UK’s largest trial of energy flexibility, which saw over 200 homes and businesses trading stored renewable electricity.
Over three years, Centrica’s £16.7 million Cornwall Local Energy Market saw 310MWh of power traded successfully, with greenhouse gas savings of nearly 10,000 tonnes a year as a result.
As part of the trial, five megawatts of low carbon technology was installed across more than 100 businesses and a further 100 homes received a combination of solar panels and wall mounted battery storage. The stored capacity of the home battery systems was combined to form a Virtual Power Plant and, when aggregated, was able to trade with the grid operators, completely autonomously. Some businesses saved as much as 35% on energy costs by operating at times more aligned with grid needs.
We’re incredibly proud to have been recognised by The Association of Decentralised Energy for this project. The LEM demonstrates the energy system of the future – inspiring and informing future engineers, scientists and mathematicians, as well as showing everyone across the globe how to tackle climate change". Alan Barlow Director - UK & Ireland
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