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Part 1 of this two-part blog discusses the challenges facing electric utilities – both electricity generators and grid operators – with electric vehicle (EV) adoption coinciding with the electrification of buildings, heating, and industry. Most cars are parked 95% of the time, making EVs ideal flexibility assets for the grid.
The idea behind V2G is to reduce power demand by sending the energy stored in EV batteries back to the grid to meet peak electricity needs. Similarly, V2X can send stored energy to homes and buildings to reduce draw on the grid, lower costs, and keep appliances or facilities running in the event of an outage.
EV smart charging and energy management Smart EV charging and energy management combine a set of technology and industry best practices that determine when and how an EV plugged into a smartcharger will receive power.
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EV smart charging and energy management This capability uses data and algorithms to determine when and how an EV plugged into a smartcharger will receive power. International operators will also need support for multiple currencies and tariffs.
With legislation introduced last year mandating the installation of smartchargers, as standard, to all new property developments, the accessibility of domestic charging is quickly pushing range anxiety and public charge point availability issues into the history books. After all, EVs are basically just mobile batteries.
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