Tesla applies to Ofgem to generate electricity in the UK

Tesla applies to Ofgem to generate electricity in the UK

Tesla applies to Ofgem to generate electricity in the UK 150 150 Energy Storage Journal


May 14, 2020: Tesla Motors on April 29 applied to the UK Gas and Electricity Markets Authority (Ofgem) for a licence in the UK to generate electricity.

The application, which simply requests a licence ‘authorizing it to generate electricity in the area specified in Schedule 1 (Great Britain, the territorial sea adjacent to Great Britain or in a Renewable Energy Zone) for the purpose of giving a supply to any premises or enabling a supply to be so given’, was signed by Evan Rice, sales director, Energy Products, EMEA.

Tesla did not respond to requests for comment about the application, but media reports have suggested the company’s Autobidder software could be instrumental in the company’s proposal.

“Autobidder provides independent power producers, utilities and capital partners with the ability to autonomously monetize battery assets,” the Tesla website says. “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.”

Best known for its electric vehicles, Tesla already has a number of utility-scale projects under its belt, as well as residential storage systems and microgrids.