Tesla receives electricity generation license in the U.K.

June 18, 2020
Owning the Energy Transition More...
by Jessica Hernandez
Average importance

The Office of Gas and Electricity Markets (Ofgem) in the U.K. granted an electricity generation license to Tesla Motors, taking a step closer toward becoming an energy services company in the country. While Tesla doesn't own or operate traditional generation capacity, it offers stationary storage systems for utility-scale and behind-the-meter applications as well as software that can manage and optimize these assets by means of application stacking. Tesla is likely positioning itself to play a role as a virtual power plant (VPP) aggregator in the U.K., a country ripe to take full advantage of VPPs; although Tesla is not alone, it is joining the vast number of players in the country.

For the original news article, click here .

Further Reading


Company Snapshot | February 27, 2019

The company was started by Alastair Martin in 2004; it received an undisclosed amount of funding from Archangels in 2005 and was acquired by Alpiq in 2014. The company develops a platform for demand response and market participation of distributed energy resources (DERs) through aggregation into ... Not part of subscription

Centrica to provide demand response support to Tepco

News Commentary | April 01, 2019

Starting today, Centrica Building Solutions will enable Tepco Ventures to aggregate generation and demand assets into a virtual power plant (VPP) using Centrica's demand side response platform, called FlexPond. The goal is to offer flexibility services to the transmission system operator (TSO) in ... Not part of subscription

AutoGrid and Eneres announce major energy storage VPP project in Japan

News Commentary | June 18, 2019

Autogrid is partnering with energy services and trading company Eneres to first aggregate storage assets for demand response purposes and plans to add other types of distributed energy resources (DERs) like solar PV, combined heat and power (CHP), and electric vehicles. There is no information ... Not part of subscription