Posted on 08/25/2021 8:52:36 AM PDT by DUMBGRUNT
In a statement to news outlet Handelsblatt, one of Germany’s major electricity companies admitted that it is taking Tesla and its energy division very seriously. “We take Tesla very seriously and watch exactly what they are up to,” the electricity company said. This could prove to be a worthwhile strategy, as the electric car manufacturer is slowly encroaching into Germany’s utility sector.
Simon Alvarez BySimon AlvarezPosted on August 25, 2021 Germany’s players in the utility sector are starting to feel quite nervous about Tesla’s expansion into the country’s energy market. This is especially true when it comes to the deployment of Autobidder, which could very well make Tesla a serious utility provider.
In a statement to news outlet Handelsblatt, one of Germany’s major electricity companies admitted that it is taking Tesla and its energy division very seriously. “We take Tesla very seriously and watch exactly what they are up to,” the electricity company said. This could prove to be a worthwhile strategy, as the electric car manufacturer is slowly encroaching into Germany’s utility sector.
Tesla’s Autobidder software. (Credit: Tesla) SPONSORED CONTENTFed Stimulus Plan Cuts Your House Payment Fed Stimulus Plan Cuts Your House Payment By Lendgo Particularly concerning among Tesla’s energy products is Autobidder, which the company once described as an “autonomous system for participating in the energy market that operates high-frequency trading.” Powered by artificial intelligence and tested to much success in markets such as Australia, Autobidder is capable of networking customers’ battery storage systems like Powerwalls (and perhaps even EV batteries), storing their excess energy, and feeding it to the grid at the optimum time.
(Excerpt) Read more at teslarati.com ...
They said the Germans would never turn on a light unless you absolutely had to because the electric rates were crazy high.
How that goes with electric cars???? Guessing that gasoline is even higher???
We were in France a couple years ago before the ‘rona, and gasoline was crazy expensive. Worked it out to something like $6.50 a gallon.
I doubt that it’s gotten cheaper since then.
“ Guessing that gasoline is even higher???”
Yes, and “even higher” is an accurate statement. Neither is cheap.
I was in Germany a couple of years ago, pre-Covid. The economy was distorted greatly by the countries crazy Keynesian economic theories. A tour guide explained why so many Germans traveled in winter months; it was cheaper to travel than stay home and pay the high utility bills during the colder months.
There's actually a word for it in German: Energiearmut.
"Energy poverty" Coming to America Soon!
Yet another sign that public policy is being driven by a class wealthy enough that the added costs crushing most people do not affect that class's daily consumption at all. So they are unaware or don't care, and expect you to sacrifice.
—” something like $6.50 a gallon”
A couple of years back when gas was high, my wife had relatives visit from Norway, they show up driving a monster Lincoln Navigator. They received a FREE upgrade from the rental company!
I ask about the gas?
They smiled and said, “YES, gas is so cheap!”
Then explained the cost of gas in Norway...
They drove from NYC to California and back to Chicago.
And could never talk about the vastness of the USA.
They loved it.
How much of the life of the battery will be consumed by this? It might seem like a good idea until you need to replace the batteries of your car at only 50,000 miles. Kind of like the complaint about Uber being merely a way for the car owner's to turn equity in the car into cash because they don't make enough to pay for the car's lifetime being used
__”How much of the life of the battery will be consumed by this?”
There are many, many variables for battery charging/use for maximum battery preservation.
The software knows about this for maximizing battery life.
Guessing that you could set max ROE...
The Navigator is a fine vehicle for an extended road trip!
—”The Navigator is a fine vehicle for an extended road trip!”
They totally enjoyed it!
And not just interstates, they did many state routes just for the experience.
Truly the joy of the open road.
They explained how this was impossible in Europe.
Afterward, I looked at a map of Europe and noticed that Texas alone would blot a large chunk of central Europe.
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