Autobidder is a real-time trading and control platform that provides independent power producers, utilities and capital partners the ability to autonomously monetize Megapack dispatch in wholesale electricity markets.
Maximize the Value of Megapack With Autobidder
Autobidder is Tesla's revenue optimization service for Megapack projects in wholesale energy markets.
Directly integrated to Megapack for simple deployment, Autobidder uses advanced energy price forecasting, load forecasting and generation forecasting to make bids and dispatches that maximize the value of energy storage projects. An in-house team of Machine Learning and Optimization Engineers provide performance oversight, oversee project goals and track market conditions.
Across more than 30 global projects and more than 10 GWh, Autobidder-optimized sites are consistently ranked in the top quartiles of their markets for revenue performance.
Megapack project owners across global power markets choose Autobidder for its:
- Vertical-Integration With Megapack: Autobidder simplifies procurement with Tesla as a single contracting entity across hardware, operations and maintenance and revenue optimization. That means you’ll see one project timeline, with unified terms, with one long-term partner.
- Bankability: Autobidder is available as an optimization service with revenue guarantees, improving project financing and debt ratios.
- Performance: Autobidder-optimized sites are consistently top-ranked in their markets, building on Tesla’s long-running market presence and in-house battery expertise.
Turn Plans Into Projects With Guaranteed Revenue
Unlock more projects by contracting future revenues with Autobidder’s flexible revenue guarantees, backed by Tesla’s balance sheet.
When customers choose a revenue guarantee for their Megapack project, they secure both a minimum annual revenue for the project and a share of the upside. Revenue guarantees are bankable and backed by Tesla’s balance sheet, providing the certainty to move from business case to operating assets.
With revenue guarantees, project owners unlock:
- Project Financing: Tesla’s revenue guarantees provide bankable contracted revenues, reducing risk and improving project debt ratios
- Upside Exposure: Benefit from Autobidder performance in periods of lucrative market conditions
- Downside Protection: Insulate project revenues from adverse market conditions, reducing risk
Tesla works with you every step of the way from deploying hardware, meeting local electricity market requirements, and managing the market operations optimized by Autobidder.
Reduce Complexity and Ensure Security
Tesla is your long-term, vertically-integrated partner across hardware, servicing, and optimization, reducing complexity on Megapack projects.
Sites optimized with Autobidder also keep the same energy storage warranties and maintenance agreements, streamlining terms and agreements. Hosted on Tesla's cloud infrastructure, Autobidder performs large-scale computation with cybersecurity built in.
Unlock the Full Potential of Megapack
Contact us to learn more about Autobidder and how to get started.