Tesla’s Texas electricity retail operations to lean on battery storage experience

Share on linkedin
LinkedIn
Share on twitter
Twitter
Share on reddit
Reddit
Share on facebook
Facebook
Share on email
Email
Tesla Powerwall residential battery systems used in a grid-balancing pilot project by Vermont utility Green Mountain Power. Image: Green Mountain Power.

Tesla’s planned launch of a retail electricity offering to existing customers within the ERCOT service area in Texas will lean heavily on battery storage as well as solar for its expertise, assets and routes to market. 

Newly-created subsidiary Tesla Energy Ventures filed an application in mid-August with the Texas Public Utilities Commission (PUC), for certification as a Retail Electric Provider (REP) within the Electricity Reliability Council of Texas (ERCOT) jurisdiction. ERCOT serves more than 80% of Texas’ electric load and has become a leading market for wind, solar and latterly battery storage in the US. 

Tesla Energy Ventures hopes to be registered and ready for testing for its ability to meet ERCOT requirements in October. The subsidiary’s leadership team is headed up by four Tesla team members, who have a combined 15+ years of experience in the competitive electric industry, as required. Its president, Ana Stewart has been Tesla director of regulatory credit trading since 2017 and was at SolarCity prior to its Tesla acquisition. 

In the filing with the regulatory PUC two affiliates to Tesla Energy Ventures are listed as certified to provide electric service in Texas: Gambit Energy Storage, LLC, — the 100MW+ battery storage system project Tesla is reportedly developing in the state — and Giga Texas Energy, LLC, which is thought to relate to renewable energy and battery facilities for the company’s Texas factory which is under construction.    

Scheduling of the retail electricity offering will be managed by ENGIE Energy Marketing North America, an arm of European multinational energy company ENGIE. Tesla Energy Ventures will manage forecasting. According to the filing, Tesla Energy Ventures “will leverage forecasting tools, capability and knowledge already in place to support its utility-scale battery storage system in ERCOT as well as its retail offerings and virtual power plant (VPP) programmes operating today in places ranging from Australia, California, Vermont, Germany and the United Kingdom (UK).”

Tesla intends to market the retail offering to existing customers via its website and apps.

Read Next

September 23, 2021
An accusation has been made that Hornsdale Power Reserve, the landmark large-scale battery energy storage system (BESS) in South Australia, did not deliver ancillary services as offered over a four-month period in 2019.
September 21, 2021
Utility Public Service Company of New Mexico’s (PNM) plan to procure energy from 950MW of solar and storage facilities by 2022 and replace its retiring 562MW San Juan Generating Station coal plant has been handed a boost.  
September 17, 2021
Stem Inc is developing what it claimed is the first virtual power plant in South America, aggregating behind-the-meter distributed energy facilities in Chile.
September 10, 2021
News in brief from around the world in energy storage.
September 9, 2021
South Korean energy company SK E&S has agreed to acquire Key Capture Energy, a developer, owner and operator of grid-scale battery energy storage systems (BESS) in various regions of the US including Texas and New York.

Most Popular

Email Newsletter