Seamless Integration of Charging Infrastructure into the Grid and Energy Market

Recording of Tuesday, June 18, 2024 | The smarter E Europe 2024 | Conference Program | Language: English | Duration: 11:04 .

Integrating Electric Vehicles into Germany's Energy Market: A Cost-Efficient Solution for Grid Stability and Renewable Integration by 2030

Electric vehicles (EVs) play a crucial role in integrating renewables into the energy market due to their storage potential and cost-efficiency. The volatility of renewable sources like wind and solar is a known issue, with predictions indicating that by 2030, Germany will need 19 terawatt-hours per year of daily flexibility—20% of its total energy consumption. With an anticipated 15 million EVs on German roads, providing significant grid-stabilizing capacity at low costs becomes feasible; these EV batteries present up to 750 gigawatt hours for stabilization. Field tests in Berlin demonstrated substantial financial benefits, showcasing over €1,500 generated annually per EV battery under realistic conditions. This ability extends beyond economic gains to enhancing grid stability during crises as evidenced by the response involving EV batteries during a substation failure in Croatia. The transition involves three steps: establishing smart charging infrastructure essential for management and optimization; managing charges intelligently to reduce peak load costs; and eventually generating revenue from managed charging processes. Current fleet management systems already help customers save around €250 annually per charge point through staggered recharging schedules that avoid high-cost peak loads. Additionally, private consumers benefit significantly from flexible tariffs designed for savings while maintaining reliability amid fluctuating electricity prices.

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Speaker

Matthias Suttner
Director Charging Hardware
The Mobility House GmbH
Germany

Talk of session: Supercharge Your Knowledge: Unveiling the Future of E-Mobility Charging!

Join us for an electrifying conference session where we put the finger on the pulse of e-mobility charging. Explore how cutting-edge technologies and innovative strategies are shaping sustainable transportation. Get ready to plug into the future with distinguished speakers as they dive into the following topics:The path towards cost-effective and scalable solutions for heavy-duty transportation, the intersection of cloud computing and EV charge management, charging infrastructure optimization and its implications for sustainable transportation initiatives. You will also learn about the seamless integration of charging infrastructure into the grid and the transformative potential of wireless charging technology.