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Tesla plans energy trading desk as company expands renewable power projects

by Radarr Africa
Tesla plans energy trading desk as company expands renewable power projects

(Reuters) – Electric vehicle maker Tesla is looking to staff an energy trading desk to support its battery and renewable power projects, according to Tesla’s website and an employee post on the career site LinkedIn.com.

The company has expanded operations to include home solar and large battery storage facilities. It also recently applied to begin marketing electricity in Texas.

“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 optimization software engineer for Tesla.

Tesla did not immediately respond to a request for comment.

The company plans to use an in-house automated trading platform, called Autobidder, for “bidding batteries into multiple wholesale energy markets,” according to the job description on Tesla’s website.

The company is recruiting a senior energy trading analyst to be based in Palo Alto, California, Lamy said in his LinkedIn post.

Last month, Tesla Energy Ventures applied to the Public Utility Commission of Texas to become a retail electric provider.

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