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Friday, April 26, 2024

Overnight Equilibrium/Sustainability: Tesla takes on Texan electricity sector | TheHill - The Hill

Last updated Friday, August 27, 2021 18:03 ET , Source: NewsService

Today is Friday. Welcome to Equilibrium, a newsletter that tracks the growing global battle over the future of sustainability. Subscribe here: thehill.com/newsletter-signup.

Electric vehicle giant Tesla is hedging its bets on a new market: The direct sale of electricity to Texan consumers — many of whom endured crippling power losses amid a massive storm this past winter.

A subsidiary of the company, Tesla Energy Ventures, filed an application to the state’s Public Utility Commission just after construction began on a Tesla battery project that aims to connect a 100-megawatt storage system to the Texan grid, CNBC reported.

Although Tesla has deployed several utility-scale storage systems around the world, the company has yet to operate as a retail electricity provider, according to CNBC. Batteries installed by Tesla usually serve to boost storage capacity for other electricity suppliers.

When the February cold snap struck, Texas residents suffered mass blackouts due to the isolated nature of their electricity supply and grid vulnerabilities, CNBC reported. And these vulnerabilities have, in effect, left an opening for outsiders like Tesla.

Today we’ll revisit another vulnerable landscape — communities affected by wildfires. First we’ll sit down with a Mediterranean fire scientist for a look at how a key to effective firefighting is recognizing our weakness. Then we'll look at some newly funded research efforts to mitigate wildfire health and safety hazards.

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Read Full Story: https://thehill.com/policy/equilibrium-sustainability/569792-equilibrium-sustainability

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