Smart Charging EV V2G

There are some distinct disadvantages the this when compared to smarter methods such as speed or energy-controlled charging, dumb EV charging does not optimize energy management which can significantly reduce the amount of electricity used and therefore lower energy bills.

Additionally, because Dumb EV Charging only offers maximum power continuously until full SoC, instead of reducing power when necessary, it is less feasible for users who are interested in reducing wear and tear on their car's batteries over time.

This is possible due to a data connection between the EV, Charge Point Operator and Utility, automatically transmitting data when an EV is plugged in. A central system then uses this data to intelligently manage the charging process based on a range of factors, such as pressure on the grid, onsite demand, peak usage tarrifs. Smart EV charging provides an important efficiency gain in managing electric vehicle demands on our power grids.

• kWh price caps
• Scheduled charging
• Battery capacity limits
• Renewable integration
• App control, & device lock/unlock
• Charging analytics
• Load management

A static load management system sets a safe limit on power used for EV charging. This power is then shared between all charge points. This method sets and maintains an overall balance without taking into account fluctuations in system performance or demand. Normally, non-EV charging consumption is not limited. The non-EV charging portion is overestimated to stop the total capacity from being exceeded at any time.

Charging stations communicate directly with the EV charging management software, providing a reliable connection that can both prevent outages and report on usage patterns instantly.

By distributing available onsite energy in an efficient manner, dynamic load balancing allows multiple electric vehicles to charge simultaneously without compromising the electric grid and power supply. Improving user experience while creating a safer environment with low risk of overloaded circuits, dynamic load balancing is paving the way for smarter power management in our ever-changing electric vehicle landscape.

V1G allows users to keep track of electricity consumption and modify charging costs based on the vehicle's data connection. V1G can optimize the charging time frame by using machine learning technologies for better energy efficiency. V1G can elevate pressure on the utility grid by modifying charging or during peak demand as it receives messages from the EVSE/CPMS/Utility. Not only does V1G offer convenience, but it also enables safer charging with monitoring features built into the system to guarantee security and reliability.

Bidirectional capabilities of EVs offer vast potential savings in electricity prices, due to smart supply and demand management, plus they can regulate peak electricity feed-back levels as required by utilities. For example, when there is high demand on electricity at homes during peak times; cars with batteries that are able to store and discharge electricity back onto grid could provide a great help, even if it's just momentarily, by modifying electricity requirements.

Bidirectional charging can pave the way for electric vehicles being used as active distributed storage devices through V2G and G2V programs, making them essential components of the modern grid.

This technology allows for peak shaving when capacity may be strained - such as in Norway and Sweden - lowering energy bills, while also enabling greater use of renewable energy to meet decarbonization goals. Thanks to V2G capacity, excess solar and wind energy can be stored for later use rather than turning to traditional fossil fuels, bolstering our efforts to reduce emissions. All in all, this powerful tool is sure to have far-reaching impacts on a global scale.

The V2G expansion is predicted as a result of the increase in electric car charging stations globally. The geographical distribution of these station varies from region to region, with Europe contributing heavily to the market share with 36% revenue in 2019.

With the record-breaking sales of electric vehicles (EVs) in 2022, there is a need to balance the increased demand on grid systems.

Renewable energy sources are increasing displacing gas and fossil fuel power generation but due to their intermittent nature they can’t always provide reliable power. V2G technology allows the intermittent electricity from renewable power sources to be stored and used by the EVs or reduce pressure on the grid system by transferring power to buildings (V2B), homes (V2H) or sold back to the utility for a price.