Tesla files to become an electricity supplier in Tesla

Tesla Energy, CEO of Tesla Motors, will display Tesla Energy batteries for businesses and consumers during a show on April 30, 2015 in Houston, California.

Patrick T. Fallon | Reuters

Tesla wants to sell electricity directly to customers in Texas, according to an application submitted by the company to the Public Utilities Commission this month.

Application follows the start of Tesla’s large-scale battery construction in Angleton, Texas (near Houston), where it plans to connect the 100-megawatt power storage system to the grid. Texas Monthly was first reported on Tesla Energy Venture.

Tesla has built several energy-efficient energy storage systems around the world, east of Los Angeles, another in Monterrey, California, and two in Australia — one in Gelong, Victoria and another in Adelaide, South Australia.

However, Tesla did not work as a retailer of electricity for these systems. Instead, large batteries built by Tesla help other companies in power generation, storage and consumption.

Colds hit Texas in February of this year, leaving millions of residents without power or water for days.

Although the state is mostly fossil fuels, some officials initially blamed renewable energy.

The State Legislature and Supervisors have been neglected or softened by the Public Utilities Commission and the Texas Railways Commission (including the Technical Railways Commission) to address and prevent further vulnerabilities in the Texas Electric Grid. After the extinction, experts have called for efforts to generate energy with proper coverage and heating, such as weather protection and turbines.

The Texas grid is isolated from the rest of the United States, so power transfers from other states are not available to alleviate the cold. Instead, the Texas Grid is managed by the Texas Electricity Reliance Council, or ERCOT, a non-profit organization that primarily plans to supply electricity to more than 25 million households in Texas.

During the Black Crisis in Texas, Tesla CEO Elon Musk injected ERCOT on Twitter. Writing The group did not find “R”.

Musk name is not listed directly on the Tesla Energy Ventures application. In that sub-leadership, in the role of president, Tesla is the director of control credit business.

According to CNCC, Musk’s electric car and solar panel company has been fattening its shores with green credit sales over the years. For example, in the second quarter of 2020, regulatory debt sales exceeded the company’s free cash flow and more than quadrupled Tesla’s $ 104 million net profit for the quarter.

Businesses that need it – especially automobiles, oil and gas suppliers, and retailers – buy local regulatory credits to comply with regulations that limit the amount of greenhouse gases allowed to be released each year.

According to her record as part of the application, Stewart has helped Tesla with more than $ 3.8 billion in supervisory credits since 2017.

If approved in Texas as a retail electricity supplier, Tesla Energy Ventures will use employees from Tesla Energy – the same company that sells solar panels – to roll out sales and provide customer service in the state. Note that Tesla’s application also works with Eng. Energy Marketing in planning.

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