Tesla Energy Ventures to Provide Retail Power Services in Texas


According to the Public Utility Commission of Texas, Tesla Energy Ventures, a subsidiary of Tesla, will provide retail electrical services throughout the area served by the Electric Reliability Council of Texas (ERCOT). In August, Tesla Energy Ventures applied for the Option 1 Texas retail electricity supplier certificate and wanted to use the Tesla business name. The approval notice linked above indicates that the commission has issued Tesla Energy Ventures with the Option 1 Retail Electricity Supplier (REP) certificate.

This good news comes just in time for Texas, which, along with most of the South, went through winter hell earlier this year. Now Tesla will be able to sell electricity to residents of Texas during critical times if the grid is not very reliable. If there’s another storm like last winter’s that left many people without electricity or heat, a Tesla Virtual Power Plant could help not only keep the lights on, but also save lives by keeping the heaters on. on. Unlike the rest of the United States, the Texas grid is separate – its own grid – which is why other states were unable to deliver electricity to those who needed it earlier this year.

This is not Tesla’s first subsidiary in Texas. Gambit Energy Storage previously announced the construction of 100 megawatt batteries in Houston. Its purpose is to supplement the Southeast Texas grid with large amounts of electricity in the event of another blackout. Gambit Energy Storage also sells solar panels and batteries.

It’s good to see Tesla expanding its energy services in Texas. Texas is well known for being an oil state, but there’s not much focus on its thriving renewable energy industry – especially now as Tesla not only has a gigafactory under construction there, but has established a presence there. major for job creation in the Region.

In a few years we may see more stories like this, where customers help the grid by participating in a Tesla Virtual Power Plant, as well as stories of how renewables are saving the day when fuels fossils fail. Additionally, Tesla’s presence in Texas will hopefully have a positive impact on Louisiana, my state, as well as the rest of the South, which has complicated ties to the big oil and other industries that use fossil fuels. or have a negative effect on our environment.

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