The future of EV Smart Charging
With estimates of more than 120 million electric vehicles (EVs) expected on the road in Europe by 2030, EV smart charging will play a vital role. EVs represent the most significant new electric load since the rise of air conditioning in the 1950s. Compare this with the current number of around 3 million electric vehicles on European roads, you can imagine the impact on charging networks.
Huge amounts of electric vehicles will need charging possibilities and energy networks need to be able to handle this without overloading the grid.
The peak in demand will spike even more in the early evening when people plug in their EVs and will intensify the negative impacts on the grid. It is an example of the unwelcome side effects that can impact utilities everywhere as the EV market grows.
GreenFlux is the industry leader in EV smart charging solutions. With our advanced technology, the charging speed will adapt itself to the amount of available capacity on the grid. The capacity will be divided in a flexible, smart way. Therefore, you make optimal use of the grid capacity and prevent overload.
An endless EV charging network
Our electric vehicle smart charging technology is delivered from the cloud. Therefore, there are endless charging points that can be connected to smart charging.
Expanding the local grid capacity often requires expensive cables, larger transformer stations and hence capital expenditures running in the millions for larger buildings. Using EV smart charging, there is no need to upgrade with expensive extensions for connection or cables.
Smart Charging solutions for utilities
Smart charging can become a key part of a demand response portfolio. If the timing and intensity of charging vehicles can be effectively managed, the result will be a suite of benefits that touch every part of the electricity marketplace. EV owners will see savings ranging from lower cost of electricity to payments for the supply of ancillary services to the grid.
Wholesale markets and transmission and distribution grid operators will have another tool to meet demand and improve efficiency. A significant amount of off-peak capacity will absorb excess renewable energy production, thereby reducing overall emissions. A more efficient and cost effective energy system will bring monetary benefits to all utility customers.
The largest EV Smart Charging trial in the world
As a pioneer in the field of smart charging, GreenFlux supports the Electric Nation Project in testing our EV smart charging solutions. The Electric Nation Smart Charging project ran from 2016 to 2019, focusing on domestic EV charging. In total, 673 smart chargers were installed at participants’ homes to help us understand the impact of the charging of electric vehicles at home on the electricity network. Our EV charging software could monitor the overall demand of chargers and could reduce this total demand by instructing individual chargers to reduce the power available to charging electric vehicles.
EV Smart Charging as a solution for peak charging
The problem is not that the grid does not have the capacity to carry the additional energy to charge EVs – it’s that this extra demand is concentrated at times where we see peak demand without a single EV. When idle time, or better, flexibility is considered an asset, electric vehicle smart charging enters the stage. When expanding the bottleneck by increasing the building’s grid capacity is too costly, EV smart charging can still increase the number of vehicles that charge simultaneously.