Seven New Partners Join EVVE Project for the Roll-Out of Bidirectional Charging for EVs in Europe
Launched in 2021 under the leadership of the EDF Group, the EVVE (Environmental Valorization of Virtual Energy storage) project aims to deploy 800 vehicle-to-grid charging stations in Europe. The aim is to demonstrate that by storing low-carbon electricity, electric vehicles can help to reduce CO2 emissions. The project will pave the way for the arrival on the market of new V2G functionalities based on the "Combo CCS" European charging standard.
Supported by the European Union`s Innovation Fund , the EVVE project and its intelligent charging stations use the bidirectional vehicle-to-grid technology developed by Dreev. This technology programs vehicle charging when the grid has abundant decarbonized electricity and the price per kWh is competitive. The energy stored in the batteries of electric vehicles can then help to balance electricity supply and demand on the grid, particularly at times of peak consumption.
The arrival of 7 new partners to speed up the EVVE project
Altra (IVECO group), BNP Paribas Mobility, represented by Arval and BNP Paribas Leasing Solutions, Enedis, IZIVIA, Nuvve, Stellantis and Volkswagen Group France have joined the consortium formed around EDF and Dreev to speed up the EVVE project. Each partner has committed to installing a volume of bidirectional charging points for different uses in several European countries, including France, to reach a total deployment of 800 charging points. This is an opportunity for everyone involved to test this new technology and gauge its benefits for customers (such as fleets) and for the electricity system. To date, 250 V2G chargers have already been deployed as part of this project, mainly in France and Denmark.
"Managing the charging of electric vehicles is a strategic challenge for the electricity system," said Olivier Dubois, Senior Vice President, Electric Mobility, EDF Group: "It is essential to enable electricity transmission and distribution networks to manage the massive arrival of electric vehicles efficiently and economically. The development of V2G will also provide a large-scale, competitive flexibility solution, making it possible to better manage the intermittency of renewable energies and thus accelerate their development. We are delighted to have the support of the European Union for a project of this kind, which is essential if we are to achieve our energy transition objectives.
"The EVVE project provides a unique framework for testing the charging solutions of the future, such as V2G," said Eric Mevellec, Managing Director of Dreev: "It is a good illustration of how the European industry is organizing itself around new charging standards. In practice, 800 bidirectional charging points will be deployed to form a virtual power plant with a capacity of over 8 MW, which will make it possible to avoid nearly 25,000 tons of CO2.”
"As a major player in operational leasing and a specialist in mobility solutions, supporting our customers in their energy transition is at the heart of our strategy," said Alain Van Groenendael, Chairman and CEO of Arval: "We are very proud to join the EVVE project, which is fully in line with our Arval Energy initiative. Arval is helping to accelerate and promote innovation in the technologies of tomorrow, such as V2G, which will complement our electric vehicle offering.”
Source: EDF
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Upcoming conferences organized by SGO:
4th V2G Business, Policy and Technology Forum, October 22-24, 2024 | Detroit
6th EV Charging Infrastructure Summit - North America: East, January 28-29, 2025 | Atlanta
V2X Business, Policy and Technology Forum UK, February 18-19, 2025 | London
20th Microgrid Global Innovation Forum - EMEA / LATAM / APAC, March 18-19, 2025 | Barcelona