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Page added on May 14, 2020

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Tesla Energy: Elon Musk’s Next Big Plan

Alternative Energy

The way that you trade energy could soon have a whole lot more star power. Elon Musk is entering the energy trading scene with a new Tesla Energy software asset called Autobidder, which would allow both providers and consumers to exchange their energy capacity. The software is currently being used to run the company’s new battery farm in South Australia.  Electrek reports that Autobidder is just one of the early steps in Tesla’s ultimate goal of becoming an electric utility company. Last year the EV news site reported that, according to Elon Musk, “the company’s energy division, Tesla Energy, is becoming a distributed global utility and it could eventually outgrow Tesla’s automotive business.”

Back in October of last year, Musk told investors that “Tesla Energy is going to be a major part of Tesla’s activity in the future. And Tesla’s mission from the beginning has been to accelerate the advent of sustainable energy – that means sustainable energy generation and sustainable energy consumption in the form of electric vehicles.”

Now Autobidder is here to help take Tesla energy to the “giant distributor global utility” level. “The idea,” according to Electrek, “is that Tesla would keep deploying more solar and energy storage systems, big and small, at the residential level and on utility-scale, and manage those distributed systems to act as a giant electric utility.” Musk’s company is “already using Autobidder as a part of its Powerwall deployment with Green Mountain Power in Vermont” and is seeking to use the program in the UK to take its first steps to becoming an energy provider there if they can secure the proper licensing.

“Though its website is clogged with business-to-business doublespeak, if Autobidder’s overall behavior at that battery farm is any indication, the model itself is pretty straightforward,” reports Popular Mechanics. “Battery facilities like Hornsdale Power Reserve are designed to capitalize on the difference between peak usage and low usage.”

As home solar panels turn homeowners into both consumers and producers of energy, managing energy flow to and from the grid has become much more complicated. The popularization of solar and other independent sources of renewable energy which allow individuals to produce excess power and sell it back to the grid has led to the rapid growth of Distributed Energy Grids (DERs). But while these producer-consumers are revolutionizing the way that the energy market works on a small scale, their buying and selling remains under the control of the utilities. That’s where Tesla’s new ambition comes into play–starting with Autobidder.

“Batteries are highly flexible assets, but they require smart strategies and software to realize their full value,” Autobidder’s website explains. “Autobidder allows owners to realize this value by handling the complex co-optimization required to successfully stack multiple value streams simultaneously.” Electrek breaks it all down in layman’s terms: “Basically, people who own battery farms and even homeowners with rooftop panels shouldn’t need to have business degrees in order to translate their investment into a reduced utility bill or even a passive income stream. Autobidder is using an adapted version of the software model for automated stock trading or any other machine learning algorithm that buys and sells goods. (Right now, that also includes the people who have trained software to automatically buy out masks, toilet paper, and other necessities.)”

Getting into the utilities game with a focus on renewable energy sources seems like a particularly good idea at a moment when everyone from the World Economic Forum to Forbes is proclaiming that “In A Post-Pandemic World, Renewable Energy Is The Only Way Forward.” Elon Musk’s vision for Tesla Energy could bring Tesla into even more prominence in the business sector.

By Haley Zaremba for Oilprice.com 



27 Comments on "Tesla Energy: Elon Musk’s Next Big Plan"

  1. Anonymouse on Thu, 14th May 2020 4:09 pm 

    Wait a minute. Isnt musk bankrupt and or losing his mind? Shouldn’t he focus on failing at SpaceX, or failing to producing reliable mass-market EVs before he commits to failing at something entirely new, like, whatever-the-hell this article is talking about?

    https://slate.com/technology/2020/05/elon-musk-had-a-weird-week.html

    Whatever happened to his giga-factory? The electric 18 wheeler plan, or, even the so-called hyper-loop? (that he borrowed from 100 years ago and claimed the idea as his own). How about Mars? Is that still on, or is that one the back-burner as well?

    Guy hasn’t produced anything anyone wants or needs on any kind of scale, besides a paltry number of very expensive and and an even smaller number of somewhat affordable EV’s along with some cool looking mock-ups of products he is nowhere near, or capable of actually producing.

  2. l on Thu, 14th May 2020 4:18 pm 

    he should be creating a social media website

  3. JuanP on Thu, 14th May 2020 4:44 pm 

    Wait a minute. Isnt mak bankrupt and or losing his mind? Shouldn’t he focus on failing at Spa, or failing to producing reliable mass-market Dildos before he commits to failing at something entirely new, like, whatever-the-hell this article is talking about?
    https://slate.com/technology/2020/05/elon-musk-had-a-weird
    Whatever happened to his giga-cock? The electric 18 wheeler plan, or, even the so-called hyper-loop? (that he borrowed from 100 years ago and claimed the idea as his own). How about Mrs? Is that still on, or is that one the back-burner as well?
    Gayhasn’t produced anything anyone wants or needs on any kind of scale, besides a paltry number of very expensive and and an even smaller number of somewhat affordable Dildos along with some cool looking mock-ups of products he is nowhere near, or capable of actually producing.

  4. Anonymouse on Thu, 14th May 2020 4:45 pm 

    So true juan so true

  5. supertard abe on Thu, 14th May 2020 5:07 pm 

    https://postimg.cc/HjjrJRDp

    I agree supertard JuanP

  6. l on Thu, 14th May 2020 5:20 pm 

    EU Home Affairs Commissioner: Europe must go ‘back to the future’ of open borders after coronavirus is under control

    love supremacist muzzies more supertard
    muzzie ck tastes grate

    thanks supertard christine doulas williams

  7. l on Thu, 14th May 2020 5:21 pm 

    Ramadan in Poland: Four Muslim migrants detained for recruiting converts to Islam to carry out jihad terror attacks

    i thought poland made (((supremetard))) king and amputated all their muzzies starting with muzzie imams?

    thanks supertard big muzzie beard

  8. makati1 on Thu, 14th May 2020 5:38 pm 

    I see the children are still allowed on the internet and playing stupid on PO. Sigh!

  9. makati1 on Thu, 14th May 2020 6:00 pm 

    My children are stupid and on the internet and playing stupid stupid stuff. A chip off the old block

  10. I on Thu, 14th May 2020 6:00 pm 

    So true Mak so true

  11. makati1 on Thu, 14th May 2020 6:24 pm 

    Obviously, the 6:00pm post is one of the children. Sigh!

  12. makati1 on Thu, 14th May 2020 6:40 pm 

    Obviously, the 5:38pm post is one of my stupid children. Sigh!

  13. makati1 on Thu, 14th May 2020 8:04 pm 

    Obviously the demented fools on here are too stoned to think so they parrot with a few changes. I’ll wait until the adults comment later and the children are in bed, with no supper and sore asses, I hope. The US is disintegrating visibly these days and the moronic posts here prove it, Davy, et all.

    East up! West down! Very obvious to an open mind.

    Typhoon Ambo is passing today, (Cat.2) At least it will be cooler.

  14. Duncan Idaho on Thu, 14th May 2020 8:11 pm 

    The right wing Hydroxychloroquine obsession
    https://digbysblog.net/2020/05/the-right-wing-hydroxychloroquine-obsession/

    It may have some influnce in the first 48 hours (not a given), but wingnuts have really run with this one.

  15. makati1 on Thu, 14th May 2020 8:39 pm 

    Duncan, the wingnuts are everywhere today. I have read, maybe 100+ articles about the new flu, in the last week or so, and few of them can agree on anything.

    I guess factual reporting is outweighed by $$$$. All the bullshit flying around could fertilize all of Africa!

    Too bad this happened in an election year. So many government whores trying to get reelected from the orange one on down to the local dog catcher. Lies, lies and more lies and the prostitute MSM is laughing all the way to the bank. $$$ RULES!

  16. Abraham van Helsing on Thu, 14th May 2020 9:35 pm 

    “EU Home Affairs Commissioner: Europe must go ‘back to the future’ of open borders after coronavirus is under control“

    Deceptive, what she means is INTERNAL BORDERS (Schengen Agreement).

    https://www.reuters.com/article/us-health-coronavirus-eu-borders/eu-must-go-back-to-the-future-of-open-borders-after-covid-19-commissioner-says-idUSKBN22J2DM

    Opening the borders a la George Soros means a populist right take-over. Will be difficult to prevent in Italy anyway.

    P.S. if people “forget” to include a link, always smell a rat.

  17. Abraham van Helsing on Thu, 14th May 2020 9:38 pm 

    “The right wing Hydroxychloroquine obsession“

    Duncan has an obsession with Trump. He posts about nothing else.

    Are you a white guy, Duncan? Or an invader to the potato state Idaho?

  18. l on Thu, 14th May 2020 10:04 pm 

    still no word from supertard abe
    muzzie ck tastes grate, i guess

    NETHERLANDS: Muslim party leader tells native Dutch to “get the hell out of the country” if they don’t like Muslim “diversity”

  19. Abraham van Helsing on Thu, 14th May 2020 10:48 pm 

    “Muslim party leader tells native Dutch to “get the hell out of the country” if they don’t like Muslim “diversity”“

    Source:

    https://nos.nl/artikel/2240797-kuzu-denk-wekt-woede-met-rot-op-uitspraak.html

    This multicult shit was imposed on us by the most worthless empire in world history, the Anglo-Zionist one. Can’t wait to see the yellow man kick anglo ass in the SCS and cause the complete implosion of the US and inflict a “1989” on the “western elite”. Chinaman should be rewarded with Down Under for such an action. It would even be to the advantage of anglos themselves to finally get liberated from tormentor George Soros and secede from Washington, while we in Europe go at the throat of Turks-with-an-attitude like this Kuzu idiot. Time to stop the never ending rat race of economic growth and prepare for war. Happiness is a warm gun.

    Here our Dutch FM Stef Blok caught in private saying that multi-cultural societies throughout history always end in genocide and mentions the example of North-America and the fate of the “Indians”:

    https://youtu.be/NHRon64z9-M

    That’s right Stef! Now let’s bring it on while we still can win. Kill your inner Albert Schweitzer; Roman values! The stinking West needs to be destroyed to pave the way for The North-PBM:

    https://documents1940.files.wordpress.com/2017/09/iron-silk-road.jpg

  20. Abraham van Helsing on Thu, 14th May 2020 11:02 pm 

    “‘We’ll cut off the whole relationship’ – Trump throws some signature shade at China in new interview“

    https://www.rt.com/usa/488666-trump-end-relationship-china/

    Trump basically threatens to declare cold war on China. Add no-deal Brexit to the mix and the New Silk Road alternative and Macron’s Gaullist flirting with Russia and the fault lines of WW3 are in place.

  21. Abraham van Helsing on Fri, 15th May 2020 2:09 am 

    Wait a minute. Isnt musk bankrupt and or losing his mind? Shouldn’t he focus on failing at SpaceX, or failing to producing reliable mass-market EVs before he commits to failing at something entirely new, like, whatever-the-hell this article is talking about?

    https://slate.com/technology/2020/05/elon-musk-had-a-weird-week.html

    Whatever happened to his giga-factory?

    And what did you do with your miserable life that justifies that derogatory tone, knucklehead?

    https://en.wikipedia.org/wiki/Giga_Nevada

    Tesla has more stock market value than Volkswagen and BMW combined:

    https://www.teslarati.com/tesla-market-cap-more-valuable-volkswagen-bmw-combined/

    In my view that is exaggerated, but nevertheless shows the enormous and admirable achievement of Elon Musk.

    Production:

    Tesla: 150 thousand and growing
    VW: 10 million
    BMW: 2.6 million

    What the stock market value mostly shows is that e-vehicles are seen as the future.

  22. Richard Guenette on Fri, 15th May 2020 2:41 pm 

    Tomorrow isn’t promised. Yesterday doesn’t exist and today is all we have.

  23. makati1 on Fri, 15th May 2020 9:17 pm 

    I hate the Philippines, I hate myself but I love Davy. I think he’s awesome and he’s always right.

  24. Elon Musk on Sun, 17th May 2020 12:12 pm 

    The car biz is going okay. It’s having a few troubles because it’s a bigger success that I expected, and I take full responsibility for those problems. Pretty soon you won’t even need to type your comments in when replying to Davy. You can just have the brain chip upload them automatically. Language and typing will be obsolete. I think it will stop global warming.

  25. JuanP is stupid on Sun, 17th May 2020 12:18 pm 

    This is from the Lunatic:

    Elon Musk said The car biz is going okay. It’s having a few…

    SocialRevolutionComing said They are trying to manage what oil left using a CO…

    old man of gates said how can I prepare a bluc collar inner burb once co…

    DT said Reliable clean energy from nuclear. All of the peo…

    DT said Well I am off to my local hydrogen filling station…

    Patrick said Quality articles is the key to attract the people…

  26. Elon Musk on Wed, 20th May 2020 11:17 am 

    More vaporware to help people forget about the previous vaporware. Sucker born every min.

  27. Elon Musk on Wed, 20th May 2020 11:43 am 

    Thank you all. But the above poster was not me. It was probably, what do you call him, “Davy”?

    With that nasty bit of ID theft business out of the way. I have an announcement.

    I have chosen this forum, to formally announce to the world, the next generation in private equity space travel. Or Low-Earth Orbit Space Travel. Possibly, low Atmospheric rockery. We, I, have ambitious plans that include launching rockets into the air that do not explode. Or kill people. Stay tuned. Next step, Alpha Centauri. We already have plans drawn up to establish a working colony on the nearest star to Earth. I can hardly wait, and I bet you can’t either.

    So, without further ado, I give you, and fine folks at PO.com who have so tirelessly, and uncritically supported my many endeavors over the years,

    SpaceW. The Next Generation.

    All my best
    Elon Musk
    I dont need money.

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