Photo: Canary Media

In the spring of 2021, Tesla began offering its own electricity rates to some Powerwall owners in Germany. Together with the construction of an automobile plant, the company is preparing for a large-scale entry into the German electricity market with its own equipment and software. It is reported that this will happen no later than 2022.

Handelsblatt shared some interesting details about Tesla's entry into the German electricity market. According to their information, the company intends to offer its services to clients across the country no later than the beginning of 2022. “A nationwide rollout is planned,” Handelsblatt quotes the manufacturer.

At the moment, Tesla offers its services in two states in Baden-Württemberg and Bavaria. Clean energy supplier Octopus Energy Germany began offering Tesla's electricity tariff in the spring of 2021. According to the operator's website:

• Tesla Energy Plan is a 'symmetrical' tariff—i.e. the 24/7 import rate and 24/7 export rate are the same. The symmetrical import/export pricing will be set according to your location.
• 24/7 import rate of £0.10-0.12/kWh (Based on location)—the lowest flat rate tariff available in the market (as of May 2021).
• 24/7 export rate of £0.10-0.12/kWh (Based on location) for any electricity you export—more than 100% above the best fixed S.E.G. tariff on the market (as of May 2021)
• Standing charge of £0.22 per day

At the moment, the offer is directed exclusively to customers who have installed a rooftop solar system and a home storage battery—Powerwall. By combining such households, Tesla creates a virtual power plant and can manage it using its Autobidder software.

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. In other words, Tesla developed software for independent power producers and utilities, capital partners, and themselves to help manage and monetize clean energy stored in battery storage systems.

Having everything from hardware to software, Tesla poses a major threat to local electricity operators and is sure to greatly agitate Germany. However, Tesla's goal is to accelerate the world's transition to sustainable energy, so becoming an energy operator was an inevitable future for the company.

© 2021, Eva Fox | Tesmanian. All rights reserved.

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Article edited by @SmokeyShorts, you can follow him on Twitter

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