Monta and Gridbeyond collaborate on making EVs flexible demand side assets
Danish EV charging platform Monta and Dublin energy optimiser GridBeyond have partnered to deliver technology that transforms EVs via charging points into resources to maintain grid stability.
EV chargers are often concentrated in urban areas where grid contribution becomes crucial during times of imbalance – either an unforeseen dip in power generation or a surge in demand across the local distribution network or the wider power grid.
GridBeyond will be able to use Monta’s platform to forecast periods of imbalance and allocate the flexibility provided for Monta’s charges under market programmes.
By working with GridBeyond, Monta’s managed EV chargers will in effect act as demand side assets and by pausing all ongoing charges, the electricity demand is also reduced matching the pattern set by the imbalance, stabilising the grid and earning revenues from participation of these flexible assets within market.
Monta Regional Director Alok Dubey says “EVs have a huge opportunity to serve as a flexible asset to the grid if charging is managed correctly. We’re excited to partner with GridBeyond to deliver this pioneering service in the UK and Ireland.”
Michael Kent, GridBeyond’s head of EV solutions adds, “This innovate solution helps to balance the local and national grids. As EV ownership grows, the opportunity that these types of services give can provide a useful solution across the UK.”
The firms say testing is underway and claim it is already delivering successful results.