Tesla plans an energy trading team as the company expands battery projects

The logo of the car manufacturer Tesla is seen at a dealership in London, Great Britain, on May 14, 2021. REUTERS / Matthew Childs

September 8 (Reuters) – Electric vehicle maker Tesla Inc. (TSLA.O) seeks to equip a trading team with energy to support its battery and renewable energy projects, according to Tesla’s website and a site of employees on the LinkedIn.com career site.

The company has expanded operations to include domestic solar installations and large batteries, which currently account for a small portion of its total revenue. The application to start marketing electricity in Texas has also recently been submitted.

“I’m building a new team at Tesla focused on energy trading and market operations,” according to a LinkedIn post this week by Julian Lamy, who described himself as a senior software engineer. Tesla optimization.

Tesla did not immediately respond to a request for comment.

“Tesla Energy is on track to become a distributed energy provider at the residential and utility level,” said John McClellan, managing director of the procurement firm Aurex Group.

The company plans to use an internal automated trading platform, called Autobidder, to “offer batteries to various wholesale power markets,” according to the site’s description on Tesla’s website.

The job requires experience in wholesale electricity markets and the candidate “will conduct commercial and real-time operations for battery, solar and wind projects participating in wholesale energy markets,” through Autobidder, according to the job posting .

The position of senior analyst in the energy trade will be based in Palo Alto, California, according to the publication.

Last month, Tesla Energy Ventures filed an application with the Texas Public Utilities Commission to become a retail electricity supplier.

Report by Liz Hampton in Denver and Hyun Joo Jin in San Francisco; Edited by Lisa Shumaker and Jonathan Oatis

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