EVSE manufacturer eMotorWerks has partnered with LO3 Energy to explore the idea of combining energy demand from EV charging with a local microgrid powered by green energy.
An initial project will connect eMotorWerk’s JuiceNet EV charging platform to one of LO3’s transactive energy marketplaces, allowing local renewable energy to be traded between EV owners and the microgrid. LO3’s Exergy platform underpins the data exchange that enables price signals and peer-to-peer transactions, while eMotorWerks’ JuiceNet enables control over local energy flows, matching the local demand from EVs and households with the local supply of green energy in real time.
“Beyond offering a way for residents to manage charging more efficiently, this partnership with LO3 showcases how powerful smart charging can be for grid services at scales ranging from hyper-local to state and national levels,” said Vincent Schachter, Senior VP of eMotorWerks.
The project is a component of a broader service portfolio designed to enable utilities to better decide when and what type of resources are used to charge EVs, and when and how EVs can be leveraged as energy resources for local grid balancing through demand response.
“As utility business models adapt from evolving regulations and competition, new products and services supporting EVs allow utilities to amplify and reinvigorate their customer relationships,” said Lawrence Orsini, CEO of LO3 Energy. “EV charging adds another option to efficiently match local energy supply and demand, and such projects’ results could open the door to more transactions among other microgrid participants and EV drivers.”