Tesla plans energy trading team as company expands battery projects

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The logo of automaker Tesla can be seen at a dealership in London, Britain on May 14, 2021. REUTERS / Matthew Childs

September 8 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) is looking to recruit an energy trading team to support its battery and renewable energy projects, according to Tesla’s website and a published article by an employee on the LinkedIn.com career site.

The company has expanded its business to include home solar power and large battery storage facilities, which currently account for a small portion of its total revenue. She also recently filed an application to begin marketing electricity in Texas.

“I am 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 software engineer at senior optimization for Tesla.

Tesla did not immediately respond to a request for comment.

“Tesla Energy is on its way to becoming a distributed energy provider at the residential level as well as at the utility level,” said John McClellan, managing director of recruiting firm Aurex Group.

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

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

The senior energy trade analyst position will be based in Palo Alto, Calif., According to the announcement.

Last month, Tesla Energy Ventures applied to the Texas Public Utility Commission to become a retail electricity supplier.

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

Our Standards: Thomson Reuters Trust Principles.


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