File under interesting: Tesla to enter UK generation business?

tesla-battery-1

Tesla applies for UK electricity provider licence

The all electric car and battery maker has built up a significant battery storage business in recent years which it could deploy in the UK as a power source.

The Telegraph reported on Saturday that Tesla has taken its first step to becoming an energy provider in the UK by applying to Ofgem the UK’s energy regulator for a licence to generate electricity.

In Australia, the company designed the largest lithium-ion power storage facility in the world, which is capable of storing enough energy to power 30,000 homes.

Another possible purpose for the licence may be to introduce the company’s “Autobidder” platform into the UK. Autobidder is a real-time trading and control platform that provides value-based asset management and portfolio optimization, enabling owners and operators to configure operational strategies that maximize revenue according to their business objectives and risk preferences.

Autobidder provides independent power producers, utilities and capital partners the ability to autonomously monetize battery assets. Learn more on Tesla UK website.

Tesla has also quietly partnered with supplier Octopus Energy to offer a 
tariff specifically designed for electric vehicle owners. If you have an EV Octopus has a great night charge rate. Learn more via our link.

 

Share:

More Posts

What a mess we are in

Government borrowing costs soar This week has not been a great week for the Government with a raft of pointless arguments about pointless public inquiries and Musk calling people names but much more importantly the Bond market has worked up to the sorry state of the UK economy. Government borrowing costs higher now than at

power

Bank of England Admits Carbon pricing is pushing up energy prices

The Telegraph reports: Net zero policies are sharply driving up energy costs, the Bank of England has admitted, as officials battle to bring living costs back under control. Sarah Breeden, the Bank’s deputy governor, said households and businesses were paying more for energy because of so-called carbon permits, which require power plants to pay for

UK avoids blackouts by skin of teeth

How Close Were We To Blackouts Yesterday? We received an Octopus energy alert for a Saving Session lunch time yesterday the 8th Jan. Hey Alastair, The first Saving Session of January is today between 5-6pm! Yesterday was cold with no wind and light snow over the UK.  As Paul Homewood on his site summarises a post from Watt

tesal model y dec 2024

Tesla UK Price December 2024

Tesla Model 3 pricing remain unchanged during December 2024, making 19 months of no increase to UK retail pricing. While the Model Y price increased by £2,000 to £46,990. Model 3 base price remains at £39,990 and Model Y increases to £46,990. Model 3 Performance now available to order from £59,990. This is great value

Send Us A Message