Electric Corby and Sitigrid are working together to trial a new digital technology that will enable locally generated electricity in Corby, North Northamptonshire, to be supplied to local domestic or business customers – this is known as a peer-to-peer energy trading.
The trial, which will be a simulation, will demonstrate that matching local generators to local customers can reduce the cost of electricity for local consumers whilst increasing the revenues for local generators creating a win – win for everyone in the community.
If the trial is successful, the project plans to establish the first local electricity market in the country which will represent a blueprint for these markets to be established around the UK.