Centrica plc’s Cornwall Local Energy Market project (LEM) is an EU-funded initiative involving the development of a virtual energy marketplace. The trial provides homes and businesses with the technology and a software platform to buy and sell energy and flexibility to both the supply networks and the wholesale energy market. The project’s overarching aim is to demonstrate that the electricity distribution network can facilitate an increased penetration of renewable / low carbon electricity generation by invoking novel strategies including flexibility.
The LEM project will enable energy asset flexibility in the most constrained areas on the distribution network in Cornwall. To this end the project will install low carbon energy generation assets, such as natural gas CHP, renewable energy generation, storage, private wire networks, and demand-side response technologies into selected industrial and commercial premises in Cornwall.