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Tesla Seeks License to Supply Power to UK Homes

Israa Farhan Tesla, owned by American billionaire Elon Musk, is preparing to enter the British energy market with plans to supply electricity to homes within the coming months. The company has applied to the UK's energy regulator, Ofgem, for a license to supply electricity, aiming to compete with major energy providers such as Centrica, owner of British Gas, and Octopus Energy. Tesla intends to begin supplying power to households and businesses across England, Scotland, and Wales by next year at the latest, according to PA Media. Tesla Energy Ventures applied to Ofgem last month, signed by Andrew Byine, the group's Director of Energy for Europe. The electric vehicle manufacturer also operates in the solar energy and battery storage sectors. Tesla has been active in the UK energy market since 2020, when it secured a license for electricity generation. In the United States, the company has been supplying electricity in Texas for the past three years. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid Videos & Features Story behind Trending Jessica Radcliffe Death Video News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani