The Enel subsidiary eMotorWerks is using its 10,000 electric vehicle chargers to participate in California’s day-ahead markets. This network of connected devices is able to delay charging schedules based on a signal from the grid operator, while also considering drivers’ needs and enabling them to override the settings. EV owners earn compensation for participating in grid services, which now ranges between $40 to $80 per year, depending on their flexibility.
It has potential to open up a new financing structure for electric vehicle chargers, where vendors use future revenues to drive down the upfront cost of the infrastructure. The company also partners with energy providers, such as Sonoma Clean Power and Xcel Energy, and licenses its JuiceNet cloud-based platform, so they could deploy their demand response programs.
Learn how electric vehicles are turning into demand response capacity and how eMotorWerks plans to enter grid services markets in this article.