Root-Power Enters UK LDES Tender with 300-MW Bid

• Root-Power powers up UK's renewable future with a 300 MW bid in Ofgem's LDES tender, boosting long-duration energy storage innovation.

Root-Power, an energy storage company, has submitted a bid in the UK energy regulator Ofgem's Long Duration Energy Storage (LDES) tender. The bid encompasses projects totaling 300 MW with a storage capacity of 2,400 MWh.

The LDES tender is part of the UK's efforts to enhance energy storage capabilities, supporting the transition to renewable energy sources. Root-Power's participation highlights the growing interest and investment in long-duration energy storage solutions, which are crucial for balancing supply and demand in a renewable energy grid.

How does Root-Power's bid impact the UK's renewable energy storage goals?

• Increased Storage Capacity: Root-Power's bid contributes significantly to the UK's energy storage capacity, helping to stabilize the grid and accommodate more renewable energy sources.
• Enhanced Grid Reliability: By providing 2,400 MWh of storage, the projects can help mitigate fluctuations in energy supply, ensuring a more reliable and consistent energy supply.
• Support for Renewable Integration: The bid supports the integration of intermittent renewable energy sources like wind and solar by storing excess energy for use during periods of low generation.
• Progress Towards Net-Zero Goals: The projects align with the UK's net-zero emissions targets by facilitating a greater share of renewables in the energy mix.
• Encouragement of Innovation: Root-Power's involvement may encourage further innovation and investment in long-duration energy storage technologies.
• Economic Impact: The bid could stimulate job creation and economic growth within the renewable energy sector.
• Policy Alignment: The bid aligns with government policies aimed at increasing energy storage to support a low-carbon future.
• Market Signal: Root-Power's participation signals confidence in the market potential for long-duration energy storage solutions.