Tesla wants to sell electricity in Texas

Tesla has reportedly filed an application with the Public Utility Commission of Texas to provide electricity directly to customers, according to agency records. The application, first reported by Texas Monthly, was submitted by a subsidiary of Tesla called Tesla Energy Ventures.

Tesla could sell energy directly to the state's deregulated electricity grid, which is called ERCOT. Texas is the only state with its own power grid that doesn't share energy with neighboring states.

According to the filing, Tesla could leverage its network of solar panel customers in the state to build a userbase, marketing to them through the mobile app and the website. Federal energy data shows that Texans have installed more than 1 gigawatt of personal solar panels to date, per the report.

Tesla also intends to build two massive batteries near Austin and Houston. The 100-megawatt storage system would enable Tesla to serve power companies. The company has built several examples of large-scale batteries around the world, including California and Australia.

The commission will decide on the application's approval or disapproval in November.

Read more -here-

• Dell confirms database hacked - hacker says 49 million customers hit
• Google releases emergency fix for new Chrome zero-day flaw
• Disney+, Hulu and Max team up for streaming bundle package
• OpenAI is reportedly working on a search feature for ChatGPT
• TikTok, ByteDance sue to block US law seeking sale or ban of app
• OpenAI partners with Stack Overflow to make models better at coding