Boost your CPO Operations with EY & Eurelectric report findings

With the surge in electric vehicle numbers and increasing demand for fast charging, managing energy consumption has become a significant challenge for Charge Point Operators (CPOs). Drawing insights from EY and Eurelectric relevant report, "Plugging into Potential: Unleashing the Untapped Flexibility of EVs," this article highlights why smart charging is essential for building a sustainable and resilient energy system.  

Network congestion, high costs, and the complex integration of renewable energy: discover how smart charging can optimise your operations and boost your business!

Smart Charging: An answer to CPO challenges

Based on insights from the report, two smart charging strategies, V1G and V2G, stand out as distinct and powerful solutions to today's growing energy management challenges

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V1G: A simple and effective first step

‍Unidirectional smart charging, or V1G, already enables CPOs to optimise charging times based on electricity tariffs and network demand. By intelligently avoiding peak hours, energy costs can be significantly reduced. This proactive management not only saves money but also maintains network stability by distributing energy consumption more evenly.

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V2G: Much more than just charging

Vehicle-to-Grid (V2G), or bidirectional smart charging, represents a major advancement. With this technology, each electric vehicle becomes a mobile energy storage unit capable of feeding energy back into the grid during peak demand periods. This transforms CPO infrastructure into a powerful flexibility asset, potentially generating substantial additional revenue. Although certain technical and regulatory challenges remain, the benefits promise to sustainably revolutionise the sector.

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Benefits for CPOs

To fully grasp the value of smart charging, let's explore two major benefits for CPOs.

Operational cost optimisation
Smart charging enables CPOs to directly benefit from favorable electricity rates during off peak hours. V2G adds an additional dimension by allowing energy resale during high-demand periods. These combined strategies rapidly convert a cost center into a true profitability driver.

Enhanced customer experience
Smart charging ensures optimal availability and reliability of charging stations. By reducing interruptions and ensuring fast charging speeds, customer satisfaction naturally improves. This leads to increased customer loyalty and enhanced attractiveness of charging stations.

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How to successfully implement your Smart Charging strategy?

A successful smart charging strategy depends on seamless interoperability and the ability to proactively adapt to evolving regulations.

Interoperability and shared data
Successful smart charging relies on complete interoperability between vehicles, charging stations, and network operators. Effective and transparent data exchange among all stakeholders is essential for fully unlocking the technology's potential, ensuring maximum optimisation of energy flows.

Compliance and anticipation of regulatory changes
In Europe, most infrastructures use the Combined Charging System (CCS), and only chargers compliant with the ISO 15118-20 standard of 2022 can fully utilise V2G potential. However, delays by some CPOs in adopting this standard significantly slow down V2G deployment.

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FLEXECHARGE: Delivering results for CPOs

Explore how FLEXECHARGE helps CPOs effectively optimise their charging infrastructure, from cutting-edge technology solutions to real-world success stories.

Tailored solutions
FLEXECHARGE offers advanced Load & Energy Management solutions designed to optimise the management of charging infrastructure. Through the HARMON-E platform, stations can be controlled in real-time, enabling optimised energy costs and maximised revenue streams. By adopting this solution, CPOs can efficiently address energy demand management challenges, avoid costly network upgrades, and ensure effective energy distribution.

👉 Unlock the Power of your excess capacity: VPP for public charging networks

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Real-world applications

Several CPOs successfully adopted our solution.

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Stella: Optimising Load Management & Technology Stack

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"Our alliance with FLEXECHARGE isn't just about overcoming today's challenges; it's about forging a path for the future of urban EV charging."

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Team energie: Managing one of Northern Germany's largest charging networks

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"Implementing Peak Reduction with FLEXECHARGE was a breeze – its user-friendly cloud-based setup and management made the process seamless. We have significantly cut down on performance costs, avoiding spikes in electricity usage during peak hours. It is efficient and does exactly what we need!"

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👉 Find the full report here

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