NA NA NA NA, HEY HEY-EY, GOODBYE ...
Electric vehicles are on track to dominate new vehicle sales in the US by 2030. In parallel, trucking fleets and municipal transportation systems are transforming to electrified operations.
Our online purchases are already transferred from distribution centers directly to our homes. The electrification/digitization of the entire supply chain, from personalized design to same day fulfillment, is rapidly becoming a reality.
At the same time, the movement of goods and services is de-carbonizing. By 2050, EV transportation fleets, from local delivery to long-distance hauling, will drive a 38% increase in electricity consumption. Peak demand generated by EV charging will have a significant impact on electric utility planning, grid operations, reliability assessments, and electricity markets. (National Renewable Energy Laboratory.)
Electric utilities are experiencing a sea change in their operating requirements. Demand for power is experiencing an annual compound growth rate of 1.6%, leading to a sustained absolute growth rate of 80 terawatt-hours per year.
The revolution in the deployment of local power generation (Distributed Energy Resources or DERs), including solar, wind, and geothermal, along with large scale battery storage systems, creates additional complexity that Utilities must manage.
To survive in this rapidly evolving environment, the grid must be capable of dynamically/flexibly supporting the highly variable loads required to meet the needs of the decarbonized supply chain. As currently constructed, the grid might not be capable of delivering the power necessary to support the simultaneous charging of millions of EVs, especially as DC Fast Charging stations proliferate.
Utilities are now offering Time of Use (TOU) financial incentives to EV owners to change their power utilization behaviors, charging at times when the grid might be less “challenged,” as in plugging-in overnight.
These short-term utility industry solutions, focused on residential EV charging, will not address the rapidly expanding need to service commercial EV trucking and municipal transportation’s critical scheduling requirements.
In response, DemandQ, the leader in cloud based intelligent demand optimization, has developed a new family of services that dynamically and continuously smooth the load induced by commercial rapid charging stations in concert with all the other cycling/variable loads operating in the workplace, like HVAC systems.
Unlike every other solution in the marketplace, DemandQ, having been designed from its inception as a cloud-based solution, delivers its services at grid scale, enabling the aggregation of multiple loads across an entire utility operating area.
The seamless integration of DemandQ’s services, enabled through an open API that is compliant with the Open Charge-point Alliance’s OCPP standard, and our long-standing support of the Tridium Niagara framework, will help usher in the coming EV transportation transformation.
Goodbye to the Internal Combustion Engine. We wish it a happy retirement.