Energy software company DemandQ will launch a new software as a service (SaaS) product aimed at reducing the operational costs of commercial EV charging. The new system will integrate the international Open Charge Alliance’s OCPP standard for DemandQ’s Intelligent Demand Optimization platform to merge building and EV energy loads.

DemandQ CEO Gary Morsches said, “While EVs are environmentally friendly, a single commercial EV charging station consumes more energy than a typical big box retail location. Our new service reduces power demand during the charging cycle by up to 20 percent, mitigating one of the principal economic barriers limiting the adoption of EVs.”

Source: DemandQ