Root-Power is set to bid for 11 government-backed energy contracts with a combined capacity of 537 megawatts in next March’s Capacity Market Auction, the company said on Monday.
The 15-year contracts, which would begin in 2029, are intended to provide long-term revenue for the operator’s battery energy storage systems (BESS) across the UK. Root-Power said the facilities store surplus renewable energy and feed it back into the grid during periods of peak demand, supporting thousands of business and residential customers.
The Salford-based company, part of the YLEM Group, said the bid builds on earlier success this year, when it secured seven contracts totalling 237 MW worth more than £40 million over 15 years. Six of those sites are under construction or in front-end engineering design and are expected to become operational in 2026 and early 2027.
Neil Brooks, managing director of Root-Power, said: “Being on course to bid for our highest number of government-backed energy contracts at the Capacity Market Auction early next year underlines our ambitious growth plans for the business.”
He added: “The capacity market has become an increasingly important component of BESS revenues for Root-Power. Recent changes to how the capacity market rules impact BESS projects and historic high clearing prices in recent auctions are driving support for this vital technology.”
Brooks also highlighted the role of battery storage in the energy transition, saying: “Our battery energy storage facilities play a critical role in delivering clean, flexible electricity to the grid and we’re looking forward to supporting and safeguarding the power needs of even more residential and business communities across the UK over the next 15-20 years.
