- US carmaker Tesla has applied for a licence to generate electricity in the UK
- The application was made to the UK Gas and Electricity Markets Authority
- Purpose of the licence may be to introduce the company’s ‘Autobidder’ platform
- Autobidder is a real-time trading platform currently operating in South Australia
Tesla has applied for a licence to generate electricity in the UK, according to documents, sparking rumours that Elon Musk is going to war with Britain’s Big Six.
Tesla showroom in Milton Keynes with Powerwall behind car (Image: T. Larkum)
The US carmaker is mainly known for its electric vehicles but also has operations in battery energy storage and solar panel and solar roof tile manufacturing.
The purpose of the licence may be to introduce the company’s ‘Autobidder’ platform, according to a company source speaking to The Telegraph.
Having built a significant battery business in recent years, the carmaker is now preparing to enter the UK market with its technology, industry sources claim. The application, made to the Gas and Electricity Markets Authority by Tesla Motors Co. on Tuesday, does not specify the reasons for seeking a licence.
However, it is suspected it will aim to introduce Tesla’s Autobidder – a real-time platform which provides independent power producers currently operating at Hornsdale Power Reserve (HPR) in South Australia – to Great Britain.
Autobidder claims that, through market bidding, it has ‘added competition to drive down energy prices’, according to its website. This looks to give executives at the UK’s Big Six suppliers – British Gas, EDF Energy, E. ON, Npower, Scottish Power, and SSE – a headache.
Read more: Daily Mail
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