Hey yo, what’s the prowl with my people, who reside in the barrack...the Chico Army,
but if you're new...you haven’t earned your place, you’re just a viewer of the tube.
My name is Tyler, the host of the crypto channel, that tries to speak your crypto language,
but if I’m not getting through, German always works.
Kind of like this guy & cats.
You know our STARDEN-BURDEN-HARDEN-BART.
It’s time for Chico Crypto!
Well today, we have to begin this crypto episode off speaking about not cryptocurrency, but
STONKS!
It was a wild day in the stock trading world.
Pre-trading, futures were down like Charlie brown, with the Nasdaq index hit the hardest,
down over 3.1 percent before the markets officially opened...But then...that bell rang, and the
slump took down the markets, and kept them down.
Now, like I showed in my live stream, the shining star of the stonk trading world, is
a “tech” stock...Elon Musk’s Tesla shares.
Pulling out the 1 year chart, Tesla went from 55 dollars last year, to over 500 just over
a week ago...the stock shook off, the March panic like no other, and surged and surged,
but the recent dip from above 500 down to the mid 300s, is a similar dollar value fall
to the one in March which took it from 230 to 90 bucks.
Brutal to say the least...and those wallstbets, Degens who are relying on it......they are
feeling the pain.
A top post yesterday a meme, implying to let it go brothers, and Tesla is about to fall…
Another top post, titled Tesla and the dirty south, is saying they are seeing Tesla down
by 40 percent by the end of the week..all the hype is gone, it’s the biggest bubble
stock ever, and the upcoming battery day hype is just a bubble inside of a bubble...or really,
we will get into that in a second..
But there are those who are HODLING ON…another top post is a Tesla Protest, where a user
thinks the Tesla stock price is too damn low, and he will be doing a hunger strike until
it goes back up, only drinking unfiltered tap water, Diet Coke, and light beer until
that happens or he reaches Valhalla….
And then there is this video meme, which leads us right into what I wanna talk about, Battery
Day.
As
you can see, there is a split between Tesla traders regarding battery day, which if you
didn’t know is coming, on September 22nd..later this month.
Now, the big thing everyone is focusing on is the battery tech...Tesla and Elon have
hinted that it will include a preview of their own battery cell production system.
The tesla cells are codenamed Roadrunner, and not much information has been leaked regarding
them, but speculation is abound that suggest the batteries are next-generation lithium-ion
cells that are capable of lasting a million miles.
Ok, that is great for Tesla, as an automotive company...but you should know that Tesla is
much more than that.
Tesla should actually be considered an energy company that makes cars as a byproduct.
As they make, Solar Panels, Solar Tiles, Home Solar Batteries & commercial sized solar batteries.
Elon’s goal with Tesla, wasn’t to be an automotive company, it was to have his company's
automotive branch be powered by his future plans for the energy sector.
So investors, focusing on automotive battery cell, thinking that will be the big “REVEAL”
for battery day...well it makes sense as, it’s been what’s discussed and speculated
on….
But, from our Research here at Chico Crypto...we know, it’s going to be much more than that,
as Tesla takes the giant leap into becoming an actual Energy player, in that energy distribution
market.
One of the largest trading markets, in the world.
And this is happening right under people's noses leading up to the event.
Middle of June, this year...Tesla is granted the license to become an actual utility in
the UK.
The article ask’s but why??
What is Tesla’s motive for being granted this license?
Well, it goes right into Virtual Power Plants, and Tesla’s Autobidder program...this will
become the bread & budder of Tesla Energy...and if you didn’t realize why Tesla applied
for that license, it’s because Elon’s next big play for Tesla, is energy trading.
Trading of Distributed Energy Resources, or DERs & warren’s buffet’s business wire
put out an article regarding this market titled “Navigant Research Report Shows Global Revenue
from DER Capacity Is Expected to Experience a Compound Annual Growth Rate of Nearly 16%”
And in the article it says “global annual revenue from DER capacity is expected to grow
from $172.5 billion in 2019 to $649.6 billion in 2028”
Now here is Tesla’s most recent statement of earnings, for q1 and q2 of this year, as
we can see Revenue from energy generation and storage, of which DERs would be categorized
in, grew from 293 million in q1 to 370 million in q2, a quarterly growth of over 26 percent.
Although, if they kept this rate up, it would put them just over 1.2 billion for the year.
Tesla’s 1.2 billion, and taking it against the 2019 global annual revenue from DER capacity
of 172.5 billion, would mean Tesla is not even 1 percent of that global market, they
are still small, and it doesn’t make up a large chunk of Tesla’s actual revenue,
because as we can see Auto sales in q2 2020 made up 4911 million, or nearly 5 billion
dollars.
But since they are small, this is where Tesla will grow & shock the world, as they have
positioned themselves to do just that.
And Elon knows this...he said this at the end of 2019“I think there is generally a
lack of understanding or appreciation for the growth of Tesla Energy, In the long term,
I expect Tesla Energy to be of the same or roughly the same size as Tesla’s automotive
sector or business.”
Now, I predict a big ole freaking play coming at the end of September regarding Tesla Energy.
Now Tesla, actually sells their own Energy plans in 2 places.
As we can see, they provide sign ups for south australia of course, and the second place
is australia’s big brother, the United Kingdom...where Tesla suspiciously just became a utility provider.
Now you wanna know something suspicious about these Energy Plans?
There is a certain requirement for them, which Canstar blue covered in March of this year
in their article titled “Tesla Energy Plan Explained”..they said “As mentioned, in
order to be eligible for this plan, customers must acknowledge they’ll be a part of a
Virtual Power Plant, which remains connected to the grid”
See, the kicker is they say they will be a part of a VPP, not that they are only a select
group of 4000 people as of right now..which if you didn’t know where Tesla’s biggest
Virtual Power Plant project is, it’s located in South Australia...they boast about it on
their website, as the world’s largest one with future plans to be 50 thousand homes
strong...and as we can see from those listed as involved, Tesla is the one who designed
and developed it
Now there is another piece to this VPP, the autobidder program...which if we go to Tesla’s
website on this, they explain it is being used and operating, in one place.
The Hornsdale Battery Reserve, in none other than south australia.
Now, I predict September 22nd at battery day, it will be announced that autobidder is being
expanded & that the homes in the VPP program in South Australia will be hooked up, 4000
homes to be exact will be able to access the DERs market through Tesla’s aggregator service.
Now this is coming, because the writing's on the wall.
But I predict even more, where autobidder will be available for anyone to use in both
Australia and the UK.
Why?
Both of their Tesla Energy plans require you to join the VPP, Tesla is now an electricity
utility provider in the UK, Tesla has been working alongside the Australian government
for some time, getting homes ready for this and then there is this, dropped in June of
this year.
“Tesla enters Europe energy market with its Autobidder platform” and the article
states “Today, the European Power Exchange (EPEX SPOT), which is an electric power exchange
operating in several major European markets, announced that Tesla joined their exchange:“Congratulations
to Tesla for starting your first day of trading with us!
We are happy to have you on board.”
It sounds like Tesla will link its Autobidder platform to the EPEX SPOT exchange.
Then Tesla Energy executive Rohan Ma commented on EPEX SPOT’s announcement.
He said“We are excited to launch our Autobidder platform in Europe this summer for Tesla customers
seeking to monetize their energy storage assets in electricity markets.”
So I hope those bearish wall st boiyo’s understand the gravity of this..the future
and energy paradigm shift is literally being laid before our eyes, which will push Tesla
to the next level and the autobidder and VPPs are the pieces of this.
Now 2 days ago, Tesla announced they had launched phase 3 of their South Australian VPP home
project...which included them getting monetary support from the government, including 8.2
million from the Australia Renewables Energy Agency (Arena).
This agency is importante, because it relates to Australia’s transition to a sustainable
energy country.
Now over 10 years ago, 2009, Australia was paying hardball against going with the future
of sustainable energy along with others...2009 article is titled “US, UK, Australia among
countries to pass on Irena”
What is Irena?
Well it’s a sustainable energy treaty, which governments sign where IRENA’s Member States
have joined together to establish an international organisation dedicated to facilitating the
rapid development and deployment of renewable energy worldwide.
Mandated by governments worldwide, IRENA’s mission is to promote the widespread and increased
adoption and sustainable use of all forms of renewable energy.
Well, Australia couldn’t play hardball for long, as Irena covered Australia ratifying
the treaty by January 2011, which prompted them to pass their own governmental legislation
for sustainability, called the Arena ACT, and established the governmental agency, ARENA
or the Australia Renewable Energy Agency.
IRENA...the international arm, and intergovernmental agency, ARENA..australia’s own governmental
agency, who answers to the international arm.
Now IRENA, has a set of Enabling technologie publications, including utility battery storage
of what tesla is doing, but also digital technologies, including AI and blockchain.
Now let’s just dive into the actual report & search by autobidder, we find that in their
AI section, on “Optimised energy storage operation.
Well this is a crypto channel, why don’t we search by a crypto tech too, how about
Energy Web...oh snap, it comes up 10 times, and as we from those who contributed to the
report: Douglas Miller of the Energy Web Foundations did…
Oh, so they are connected to this intergovernmental agency, a precursor for Australia’s Arena...ARENA
is connected to Tesla their VPPs and autobidder, but is Energy Web connected to Tesla and autobidder?
Well this goes right to the tech of autobidder..what is it?
Well it’s software, and a grid controller...but in reality, it’s an agent for the asset
owners and energy suppliers.
It sells the energy for them, getting the best prices possible.
Now an energy web tech, developed by Grid Singularity, called d3a caters directly to
these agents.
Ed Hesse CEO of Grid Singularity tweeted about it when Tesla announced autobidder “We are
thrilled that Tesla as one of the 1st flex asset vendors offers AI trading agents for
their products.
The API for our local energy exchange, d3a was made for these trading agents.
Huh?
Made for?
Yea, you see with Tesla’s autobidder, they have to hook up to the centralized power exchanges...per
example, the announcement of them joining European Power Exchange.
Which isn’t a bad thing, but the concept of P2P or Tesla VPP agent to VPP agent power
trading is not possible with Elon’s autobidder, and his vision is just that for his customers.
That is what the d3a does.
So do you have the direct connection?
Well no I do not, but this tweet points to something.
In may of this Year, a Holger Schneide Windt said “promising for prosumumer, blockchain
& energy competition heating up.
Team equity, with some european energy names, BMW, Nissan and then it says BC @IBM.
He then says Team Autobidder @Tesla + question mark?
And then BC: d3a by energy web and grid singularity.
First who is Hoelger and why should we listen?
Well he is an energy lawyer and policy advisor with decades of experience, and as we can
see is a lead topical contributor in the power section for global sustainable energy reports.
He would know more than you or I.
But back to the tweet...what does BC mean?
It’s gotta mean backend codebase or blockchain consortium..as IBM teamed up with 3 european
Power Grids, which coindesk covered and the article subheading says “IBM has created
a blockchain consortium with three of Europe’s electricity grid operators to help smooth
the transition to renewable sources of energy”
But d3a isn’t a consortium, energy web foundation I guess could be considered one..but d3a,
of which Hoeger mentions in IBMS place for Tesla’s autobidder is code.
And then going to their wiki, it says backend codebase right there.
So BC what could it mean?
Maybe I would just tweet at Hoeger, and figure it out...but I’m off the Twat.
Cheers viewer’s I’ll see you next time!