EDF to install 1,500 smart electric chargers with Nuvve partnership
EDF Energy is announcing a partnership with a leading green technology company, Nuvve, to install up to 1,500 Vehicle to Grid (V2G) chargers in the UK.
The chargers will be offered to EDF Energy’s business customers and will be used at its own sites to provide up to 15 megawatts of additional energy storage capacity.
The stored electricity will be made available for sale on the energy markets or for supporting grid flexibility at times of peak energy use.
Smart charging is expected to play a significant role in balancing the grid as the country moves towards wider adoption of electric vehicles (EV). V2G chargers allow a two-way flow of electricity between an EV and the charger, representing a potentially valuable opportunity to further enhance the electricity system benefits of EVs through provision of large volumes of cheap storage and flexibility.
Using the V2G chargers, EVs give unused electricity back to the charger for customers to either use the energy themselves, send it back to the grid, or to participate in energy markets, providing savings on energy costs and generating additional revenues.
EDF Energy is the largest electricity supplier to UK businesses and its partnership with Nuvve could see the largest deployment of V2G chargers so far in this country.
More than one million new vehicles are bought by businesses each year* and the UK Government has pledged that by 2030, at least 50 percent of new cars and 40 percent of new vans sold in the UK will be electric**. V2G chargers could help businesses generate revenues from vehicles that have previously only been a cost on their balance sheet – saving hundreds of pounds per vehicle a year.
Beatrice Bigois, Managing Director of Customers at EDF Energy, said: “With 55 percent of new vehicles coming on to the road through businesses*, they will play a key role in the transition to electric transport. Through this partnership with Nuvve, we are investing in smart technologies that will help our business customers electrify their fleets in a cost effective way and support the UK’s ambition for clean growth.”
Gregory Poilasne, Co-Founder and CEO of Nuvve, said: “Nuvve is proud to be working with EDF Energy to commercialize our V2G charging technology in the UK. The UK is ahead of the game when it comes to integrating wind and solar on the electric grid and V2G is the perfect way to supplement these efforts.”
Energy and Clean Growth Minister Claire Perry said: “Thanks to government investment, we are a world leader in vehicle-to-grid technology which can help balance our energy needs and bring about a smarter, more flexible energy system as part of our modern Industrial Strategy.
“These 1,500 electric chargers will provide much needed green infrastructure for businesses as they seize the opportunities of the electric vehicle revolution, reducing running costs, improving air quality and unlocking the capability to store energy which can be transmitted back into the grid when it’s needed most.”
EDF Group and NUVVE have signed a strategic partnership agreement with a view to forming a joint venture to develop these solutions in Europe. The San Diego-based green energy technology pioneer has deployed V2G projects on five continents including the world’s first fully commercial V2G hub in Denmark which has been operational for two years now.
Earlier this month, EDF President Jean-Bernard Lévy detailed the Group’s strategic plans on electric transport, including its plan to be the leading energy company for EVs by 2022 across its four largest European markets: France, the United Kingdom, Italy and Belgium.
* Figure based on business and fleet vehicles, UK new car market declines in 2017 but demand still third highest in 10 years
** Government launches Road to Zero Strategy to lead the world in zero emission vehicle technology
About Nuvve Corporation:
Nuvve Corporation is a San Diego-based green energy technology company whose mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind. Our proprietary vehicle-to-grid (V2G) technology – Nuvve’s Grid Integrated Vehicle (GIVe™) platform – is refueling the next generation of electric vehicle fleets through cutting-edge, bi-directional charging solutions. Since our founding in 2010, Nuvve has been responsible for successful V2G projects on five continents and is deploying commercial services worldwide. For more information please visit Nuvve or follow us on LinkedIn and Twitter.
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External Communications Manager – Customers
EDF is helping Britain achieve Net Zero by leading the transition to a cleaner, low emission, electric future and tackling climate change. It is the UK’s largest producer of low-carbon electricity(1) and supplies millions of customers with electricity and gas.
It generates low carbon electricity from five nuclear power stations and more than thirty onshore wind farms and two offshore wind farms*.
EDF is leading the UK's nuclear renaissance with the construction of a new nuclear power station at Hinkley Point C, and there are advanced plans for a replica at Sizewell C in Suffolk. Hinkley Point C and Sizewell C will provide low carbon electricity to meet 14% of UK demand and power around 12 million homes.
EDF is one of the UK’s largest investors in renewables, with more than 1GW of renewable generation in operation and over 4GW in construction, planning and development across a range of technologies including onshore and offshore wind, solar and battery storage. We are constructing our largest offshore wind farm in Britain – the 450 MW Neart na Gaoithe project in Scotland.
EDF is helping its customers, both in business and at home, take their first steps to sustainably powering their lives. Whether it is buying an electric car, generating and storing electricity, selling energy back to the grid or installing a heat pump. EDF is one of the largest suppliers to British business and a leading supplier of innovative energy solutions that are helping businesses become more energy independent. In addition, the company’s energy services business, Imtech, is one of the largest technical service providers in the UK and Ireland.
EDF is part of EDF Group, the world’s biggest electricity generator. In the UK, the company employs around 11,000 people at locations across England, Scotland, Wales and Ireland.
*EDF is continuing to operate its last coal power station until 31 March 2023 at the request of Government to support security of supply over winter.