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Tesla has been granted a UK electricity generation licence, which allows it to develop its energy business in the local market.
#Tesla has been officially granted a place on the UK’s power company market giving it permission to generate electricity to the national grid $TSLA@ValueAnalyst1 @vincent13031925 @Kristennetten @RapidCharging @DMC_Ryan https://t.co/NCIlmxzF8j— Jon Hast ⚡️⛈ 🇬🇧🇪🇺 (@ElectricTempus) June 15, 2020
California automaker plans to build a virtual power station in the UK and other countries using its Autobidder platform. He applied for a license in late April. Perhaps these will be large-scale battery storage projects, as has been done in Australia.
According to The Energyst, Tesla has been granted a UK electricity generation licence, which marks company’s first step towards aggregation in the UK, as it sees the Virtual Power Plant (VPP) market.
The Tesla’s ‘Autobidder’ platform aims to make money from distributed batteries via real time trading and optimisation. The platform aims to use everything from household batteries to utility assets, offering flexibility in all available markets.
Virtual power plants are aggregate distributed energy assets that can be remotely controlled to act as power plants. Many enterprises are trying to build them, and they will increasingly need to maintain a stable energy system based on renewable energy sources.
Tesla also provides stationary storage for homes and businesses, as well as solar panels. It may also be planning to enable its cars to form part of any virtual power plant, though has not yet confirmed that ambition.
About the Author
Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.