Technically, this would be called a "measured tremolo." It's a little odd to use that term for a keyboard, since most piano players think that a "tremolo" means alternating two notes. But it doesn't have to. String players are used to seeing a melody written with one or more slashes through each note stem; that means finger each note for the given duration, but "activate" the note by constantly moving the bow back and forth ("tremolando") at a constant speed. That's how I would notate what the piano part is doing in the example you gave.
An "unmeasured" tremolo (three or more slashes) means do this as fast as possible, regardless of the tempo of the work.
https://en.wikipedia.org/wiki/Tremolo