Enel has, by its US subsidiary EnerNOC, introduced at present the acquisition of California-based eMotorWerks, a number one North American provider of electrical automobile (EV) charging stations.
eMotorWerks is the operator of the charging stations, known as JuiceBox, and proprietor and operator of JuiceNet, an Internet of Things (IoT) platform for the sensible administration of EV charging and different distributed vitality storage services.
Through the JuiceNet platform, these services could be remotely managed and aggregated for grid balancing functions counting on unidirectional and bidirectional (vehicle-to-grid, V2G) electrical energy flows. The acquisition of eMotorWerks marks Enel’s entrance into the US electrical mobility market, one of many largest EV markets at international stage.
“Electric autos have the potential to be some of the disruptive applied sciences the trendy electrical energy grid has confronted within the final 100 years,” mentioned Francesco Venturini, Head of Enel’s Global e-Solutions division.
“The electrical mobility revolution is main utilities, grid operators, and customers to rethink conventional enterprise fashions, put money into new infrastructure, and roll out new options to offer flexibility and resiliency to the grid. Our mission is to be on the chopping fringe of this paradigm shift, the place customers can play a extra energetic position in vitality era and use. This acquisition enriches our e-mobility providing and integrates a extremely refined sensible EV charging resolution inside our portfolio of grid flexibility providers, which incorporates the world’s largest demand response community, distributed vitality administration techniques and battery storage options.”
“With sensible vitality administration by JuiceNet, EVs can present the majority of the grid balancing capability to allow the 100% renewable grid world wide. Additionally, as EV adoption grows, utilities should both add extra infrastructure to fulfill vitality calls for or undertake smart-charging options. eMotorWerk’s resolution minimizes EV emissions and remotely optimizes charging load, which might scale back peak calls for and improve the probability that EVs cost on cheaper and cleaner renewable vitality,” mentioned Val Miftakhov, eMotorWerks Founder and CEO. “As the latest member of Enel household, eMotorWerks now has all of the assets and go-to-market entry required to scale our options globally and drive the sooner adoption of a sensible, grid-integrated EV future.”
This acquisition additional substantiates the implementation of Enel’s technique to ship, customer-focused services to the market, equivalent to sensible charging, integration between electrical autos and distributed era assets, in addition to grid balancing and V2G providers. Enel is planning to make use of JuiceNet platform’s capabilities in all of its EV charging stations globally.
With eMotorWerks’ JuiceNet platform, customers can remotely schedule and management the “greenest” and most cost-effective occasions to cost their EVs. For instance, JuiceNet permits customers to schedule EV charging when electrical energy from home photo voltaic rooftop techniques is most ample. Furthermore, by JuiceNet, EVs, V2G charging stations and different storage services will also be used to answer community alerts, aggregating charging and discharging actions to be able to steadiness electrical energy flows within the grid when wanted.
These balancing providers can present further income streams for EV house owners, doubtlessly reducing the overall value of possession of those autos.
The acquisition comes on the heels of eMotorWerks’ itemizing because the 17th quickest rising firm in Silicon Valley and the 19th quickest rising vitality firm within the US by the Inc. 5000 record.
eMotorWerks has deployed greater than 25,000 smart-grid enabled charging stations to this point.
In North America, Enel’s renewable subsidiary Enel Green Power North America (EGPNA) operates round 100 vegetation with a managed capability exceeding three.three GW powered by renewable hydropower, wind, geothermal and photo voltaic vitality. Through EGPNA, in January Enel acquired a US-based firm specialised in…