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Tesla builds giant batteries in Texas: Elon Musk on the way to becoming an electricity provider

In Texas, a “Tesla” subsidiary is building a giant battery. This could enable Elon Musk to enter the energy industry and make high profits.

  • In the US state Texas there will be massive ones at the end of February Power outages.
  • A subsidiary of „Tesla“-Founder Elon Musk is now building a giant battery in the south of the USA.
  • Elon Musk-News: All the news too Elon Musk on our topic page.

Angelton – A cold snap in the US state Texas recently led to large-scale Power outages and problems with the drinking water supply. Now a subsidiary of Elon Musks Company „Tesla“ one near the metropolis of Houston Giant battery with an output of more than 100 megawatts, in which wind and sun generate Strom can save. The venture is considered to be a billionaire’s step, one foot in Energy industry of the state, reports “Blommber”.

In the wake of the weather chaos, up to four million people were in at times at the end of last month Texas of the Power supply cut off, even airports and hospitals were cut off Power outages affected. In the course of this, there was harsh criticism of the ruling state in the state Republican Party and the texan Senator Ted Cruz practiced. The accusation: weather warnings in advance were not taken seriously, and the political leaders had the urgently needed Modernization of the power grid carried off.

After power outages in Texas: derogatory remarks from “Tesla” founder Elon Musk

The Giant battery of the “Tesla subsidiary according to “Bloomberg” is currently in the texan Small town of Angelton arise and at one power grid which nearly collapsed in the cold snap last month. On a hot summer’s day, it should in future be used by almost 20,000 households Strom can supply. Even if the company has so far left media inquiries about the project unanswered, a spokesman for the Electric Reliability Council of Texas (ERCOT) suspects that the plant could go into operation as early as the beginning of June.

Name: Elon Reeve Musk Born: June 28th, 1971 (age 49)
Net worth: $ 200 billion (February 2021) Place of birth: Pretoria, South Africa
Firmen: Tesla, SpaceX, PayPal Lives in: Austin, Texas

As an independent non-profit organization, “Ercot” is responsible for ensuring the Power supply responsible for over 26 million Texans. Given the large area Power outages derided as a result of the cold snap Elon Muskwho recently himself after Texas is drawn to their work on Twitter. “Ercot” does not deserve the “R” for “reliabality” in his name, wrote the billionaire.

“Tesla” founder Elon Musk at a speech in the Texas Capitol in 2013.

© Bob Daemmrich/imago

Elon Musk’s giant battery in Texas: “Tesla” on the way to becoming an electricity supplier?

The construction of the Giant battery poses next to a new one Tesla Factory in Austin is already the second major project that the 49-year-old Musk currently being prosecuted in the state. Surprisingly, his foray into the Energy industry by no means. Already when introducing the “Tesla” group results In the summer of last year he had announced: “Our long-term will be Energy range get the same meaning as ours Car production.“

It should Elon Musks Activity in Texas not alone part of the philanthropisch seeming motto of the company, “the global transition to sustainable energy to accelerate ”. With a Giant battery this extent should also arise at the right moment huge profits can be achieved. The Business model is relatively simple according to “Bloomberg”: The “Tesla” subsidiary could, for example, have surplus Strom at low prices and low demand in the Drums and when there is an increase in price and demand, it is returned to the power grid to sell. (Joel Schmidt)

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