Saturday, November 23, 2024

Voltus and SemaConnect Partner to Deliver Grid Support to Wholesale Power Markets Using Electric Vehicle Charging Stations

Voltus, Inc., the leading distributed energy resource (DER) software platform, announced it has partnered with SemaConnect, a leader and pioneer in electric vehicle charging services, to offer cash generating opportunities to SemaConnect’s workplace charging clients across U.S. and Canadian wholesale power markets.

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“Integrating with Voltus is part of our strategic growth strategy allowing our stations to connect to wholesale power markets,” said Mahi Reddy, CEO and Founder at SemaConnect. “As more workplaces plug into the EV grid, smart features such as grid optimization and access to cash generating market opportunities are essential to support the growth of EVs. Our integration with Voltus will drive grid reliability and open new avenues for our clients to recoup investments in EV charging infrastructure.”

“We are empowering SemaConnect’s workplace customers to earn cash while supporting grid resilience by connecting EV charging stations to operating reserves markets, beginning with the PJM Interconnection and followed by the remaining U.S. and Canadian markets,” said Gregg Dixon, CEO of Voltus. “As more companies welcome their employees back to the office, we believe workplace EV charging demand will grow, increasing customers’ earning potential.”

With over 15,000 stations throughout North America, SemaConnect is a leader in EV charging with a goal of making electrification of transport possible in this decade by developing and deploying smart, innovative, and cost-effective EV charging solutions worldwide.

The Voltus software platform connects DERs to electricity markets, maximizing the availability of these resources to grid operators. Comprised of all DER asset types, from the smallest DERs (e.g. smart thermostats and other residential resources) to the largest DERs (e.g. manufacturing facilities, data centers, big box retail), Voltus is the only DER software platform participating in all nine U.S. and Canadian wholesale power markets.

Voltus is the leading software platform connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Our commercial and industrial customers and DER partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these market

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