Monday 4 May 2020

Tech giant Tesla applies for licence to generate power in the UK

Technology and transport giant Tesla has applied for a licence to generate power in the UK.

The firm made a notice of application for an electricity generation licence, which states: "Tesla Motors Limited hereby gives notice that it has made an application to the Gas and Electricity Markets Authority for an electricity generation licence."

It has not yet been made clear why the company, which is most well-known for its innovative electric vehicles (EVs) but also produces solar and battery storage equipment, has applied for the licence.

Comments on the licence application can be sent to the energy regulator Ofgem before 27th May 2020.