Electric vehicle (EV) charging startup, eMabler and Fusebox, a virtual power plant provider, have joined forces to use EV charging to balance the energy grid. In this pioneering collaboration, energy costs will be reduced and EV charging station owners will be empowered to contribute to a greener, more sustainable environment.
Founded in 2014, Fusebox is a provider of grid stability services in the Nordics and Baltics. The company helps clients reduce their electricity bills through usage optimization, and earning additional revenue from balancing markets. Headquartered in Tallinn, the platform is used by names such as Siemens and Technopolis.
Based in Helsinki, eMabler was founded in 2019 with the belief that emobility is the way forward – and indeed the past few years have seen emobility take off across Europe. Enabler builds systems for managing EV charging, with a focus on interconnectivity with other systems.
Now, the two companies are working together to create a solution that will adjust the charging of electric vehicles to compensate for demand spikes and production issues in the electricity grid. As a result, the collaboration will reduce CO2 emissions of electricity generation, increase the robustness of the energy grid and create a new business opportunity for charge point operators.
Visa Parviainen, Chief Ecosystems and Partners Officer at eMabler explained: “Electric vehicles at homes and offices stay unused for a long time. Therefore, these locations are perfect for virtual power plant services. A typical electric vehicle will recharge fully in a few hours, so there is plenty of time to make up the short charging speed adjustments. This makes EV charging service ideal to support the energy transition.”
eMabler offers a dedicated interface for virtual power plant platforms, which allows the platform to monitor and adjust charging quickly and automatically. Fusebox combines the chargers into a virtual power plant and provides load reduction as a service to balance the electricity grid. In Finland, virtual power plants can participate in the Demand Response market operated by grid operator Fingrid.
Soon, the market will also support bi-directional charging standards. This means that the electric vehicles’ batteries can feed electricity to the grid or the building. When electric vehicles are plugged in the chargers, the battery in the car can participate in the electricity market at peak times of demand and earn revenue for that while also contributing to a greener, more sustainable environment.
Jonne Jäppinen, Manager, System Operation Digitalization at Fingrid, Finland’s transmission system operator added: “As electric vehicle charging becomes more mainstream, it’s important to ensure that electric vehicle chargers and batteries become an active participant of the energy system. This will help us balance the grid as production volatility increases with increases in renewable energy production.”