Autobidder: Tesla’s tool to manage and sell energy in Europe

It’s not just electric cars that are part of Tesla’s production line. The company has also focused its operations on manufacturing solutions related to the energy sector, such as solar roofs and stationary storage associated with giant batteries.

A few weeks ago they released a patent for a battery capable of providing a useful life of 1.6 million kilometers.

On this occasion, the company has unveiled its own development tool, named Autobidder, focused on energy management, and with which they will make their foray into the European market.

In this sense, Tesla describes his tool Autobidder as follows on its website:

It offers independent power producers, utilities and equity partners the ability to autonomously monetize battery assets. Autobidder is a real-time trading and monitoring platform that provides value-based asset management and portfolio optimization, enabling owners and operators to configure operating strategies that maximize revenue based on their business goals and preferences. risky

Autobidder: A tool with a trajectory

Based on everything mentioned above, we can define Autobidder as an exclusive tool for the management and commercialization of the energy produced by a facility.

It should be noted that, prior to its insertion in Europe, Autobidder has long been used in the United States and also in Australia, specifically in the Hornsdale Power Reserve, which uses the Tesla Powerpacks and it is considered the largest battery in the world, although it belongs to the French company Neoen, dedicated to the generation of renewable energy.

According to data from Tesla, hundreds of megawatt-hours around the world are already being managed by Autobidder.

Added to this, Autobidder It has the particularity of working not only with Tesla products, but also of being compatible with various types of energy accumulators or batteries outside the company.

After the project installation is complete, Autobidder be activated immediately, thus starting the generation of income from the first minute of its start-up.

On the other hand, Tesla, who recently filed a petition in the United Kingdom to become an energy supplier in that region, indicated that the technical capabilities of the Autobidder They were supported by artificial intelligence and machine learning, which made possible the use of some functions such as electricity generation forecast, price forecast and load forecast.