How utilities can balance the grid through EV charge points
Discover why the UK and Ireland's electricity grids are facing increasing imbalances, how these challenges will affect utilities, and how PowerBank, our proactive grid services technology, can help stabilise the grid using EV charge points.
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What you’ll find in this whitepaper
Challenges and opportunities for utilities amidst higher electricity demand
The UK and Ireland's electricity grid is faced with challenges due to increased use of renewable energy and the adoption of EVs, driven by government incentives and public awareness.
This surge in EVs requires an expansion in charging infrastructure. The UK government has pledged £1.6 billion to install 300.000 public charging stations by 2030, which will add pressure on a grid that's already at capacity. Designed decades ago, the existing infrastructure struggles to support the growing power demand, highlighting the need for innovative grid balancing solutions.
How can utilities use EV charge points to contribute to grid stability?
In response to increasing demands on the electricity grid and the unpredictability of new energy resources, we introduced a smart technology, PowerBank.
Discover how PowerBank enables utilities to stabilise the grid, improve customer experience, and gain a competitive edge. By utilising EV charge points in the UK and Ireland, PowerBank can stabilise the grid within seconds, addressing grid imbalances promptly and seamlessly, without interrupting charging.
How does the partnership with GridBeyond help enhance grid stability in the UK and Ireland?
Discover how PowerBank enables utilities to stabilise the grid, improve customer experience, and gain a competitive edge. By utilising EV charge points in the UK and Ireland, PowerBank can stabilise the grid within seconds, addressing grid imbalances promptly and seamlessly, without interrupting charging.
This collaboration provides us with all the on-site insights and grid access needed to support utility companies in ensuring a stable electricity supply. Learn how we’re leveraging flexibility and balancing markets to offer rapid service options, enabling PowerBank to swiftly address grid imbalances by pausing and resuming EV charges.
Are utilities maximising the EV charging market opportunities?
Explore how utilities can significantly benefit from this fast-growing EV charging market by offering data-driven, personalised charging solutions. How by integrating intelligent technologies, utilities can enhance customer loyalty, increase revenue opportunities, and contribute to grid stability.
This would not only meet the growing demand for EV charging but also position utilities ahead of the competition through improved customer experiences and proactive technology adoption.