Tesla Autobidder

Is Tesla Becoming a Threat to the World’s Biggest Utilities?

Tesla is at the forefront of this trend. It sells not only solar panels, but also battery storage systems for residential (Powerwall), commercial (Powerpack) and utility-scale (Megapack) applications. Another piece of the puzzle is Autobidder, a software product that provides “a real-time trading and control platform” to enable independent power producers to make battery assets available to the grid as DERs.

Tesla Energy Goes Mega

Less than two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia, using Tesla Powerpack batteries. Since then, the facility saved nearly $40 million in its first year alone and helped to stabilize and balance the region’s unreliable grid.