Monday, December 23, 2024

Sunverge and Eaton Expand Strategic Collaboration to Help Utilities Manage Residential EV Charging Infrastructure

Sunverge, the provider of an industry-leading distributed energy resource (DER) control, orchestration and aggregation platform, and intelligent power management company Eaton announced expanded collaboration to enable dynamic utility management of home electric vehicle (EV) charging infrastructure. Bringing together Eaton’s innovative EV charging solutions with Sunverge’s advanced, intelligent, and holistic home energy management and real-time multi-service virtual power plant (VPP) platform, the collaboration enables utilities to advance flexible load management, orchestrate, aggregate and value stack grid services providing resiliency, reliability and flexibility to the grid and accelerate decarbonization.

Based on a U.S. goal for EVs to make up half of all vehicle sales by 2030, analysts estimate nearly 48 million EVs will create an annual charging demand up to 230 billion kilowatt hours (kWh) and require nearly 30 million chargers. With the vast majority of charging taking place at home, utilities need new tools to balance the grid support to achieve clean energy goals. By leveraging home charging infrastructure and virtual power plants (VPPs), utilities can manage energy demand in real time to support decarbonization and electrification.

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“We are excited to expand our collaboration with Eaton. Eaton’s powerful EV charging and smart breaker technologies provide a platform for utilities to manage and harvest real-time load flexibility behind the meter,” said Martin Milani, CEO of Sunverge. “With the rapid increase in electric vehicles, utilities now clearly see the opportunity to better manage EV charging and leverage EVs for much-needed grid services. This collaboration enables utilities to realize significant upstream gains through real-time DER orchestration, aggregation, and dynamic load management and co-optimization on both sides of the meter. The result will be increased grid resiliency and overall greater system flexibility and reliability, a win-win for utilities and customers alike.”

The latest collaboration between Sunverge and Eaton supports deeper visibility to and management of EV charging at home. Eaton smart home technologies, including its EV chargers and smart breakers enable flexible load management and integration with onsite solar and energy storage. Combined with the Sunverge platform, the joint solution will help utilities to leverage EV charging infrastructure for base load and peak load management, frequency response, black start and more.

SOURCE: Businesswire

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