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Good Energy to trial UK’s first renewables trading platform

Renewable energy supplier Good Energy is set to trial a new online trading platform exclusively for renewable energy.

The company has teamed up with digital services provider Open Utility to create Piclo which offers businesses an ‘ebay style’ trading platform to buy renewable energy directly from specific generation sites.

“Renewable generators will be able to sell their electricity directly to their neighbours, local businesses or schools for the best price,” a statement from Good Energy explained.

Good Energy chief executive Juliet Davenport added that the platform will put customers “at the heart of energy and could unlock the potential of renewables in the UK.”

The company said it is currently recruiting a limited number of consumers and generators to trial the scheme over a six month period.

The project is funded in part by the Department of Energy and Climate Change’s Energy Entrepreneurs Fund as well as tech-funding organisation Nominet Trust.