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Tesla has applied to become a UK energy provider

05 May 2020

The electric carmaker has applied to UK’s Gas and Electricity Markets Authority for a licence to generate electricity.

(Image: Tesla)

The document was submitted to Ofgem, the energy regulator, on 28 April 2020 and was signed by Evan Rice, Sales Director, Energy Products – EMEA. 

In 2017, Tesla launched “the largest lithium-ion battery storage projects in the world” which, according to its blog, allegedly provides “enough power for more than 30,000 homes” in Australia. 

Although Tesla has not officially disclosed the company’s future plans, it may be that it is planning something similar in the UK. 

On the other hand, according to The Independent, “rather than being a direct energy provider, the company could also be using the application to launch its Autobidder service in the UK,” which, in Tesla’s own words, “provides independent power producers, utilities and capital partners the ability to autonomously monetise battery assets”.

Whatever Tesla’s intentions may be, as the official document states, the licence will authorise the company “to generate electricity” in Great Britain “for the purpose of giving it a supply to any premises or enabling a supply to be so given”. 

What Tesla plans to do with this licence remains to be seen. 

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