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VW Signs Agreement With Belgium's Elia to Integrate EVs Into the Power Grid
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Elli, the Volkswagen subsidiary that manages all activities related to charging and energy for the Group in Europe, the Elia Group and its start-up re.alto signed a memorandum of understanding (MoU) to integrating electric cars into the electricity grid. Over the next few years, the partners will identify possible barriers to EV integration and explore how to showcase its benefits, for example by developing demonstrators.
Consumers will be able to charge their EVs when there are high amounts of affordable renewable energy in the system and inject the electricity stored in their EVs back into the grid when it needs it most.
Elli will share its experience as a provider of charging infrastructure, mobility services, flexibility services and electricity provider. The know-how of the Elia Group centres on the challenges and opportunities that the energy transition is creating for the electricity system.
re.alto has an extensive understanding of digital marketplaces and the connection of energy data as well as of digital products for application programming interfaces.
The signing of the memorandum of understanding also strengthens and expands the relationship between 50Hertz (the German subsidiary of the Elia Group) and Elli.
This relationship was initiated in 2020 and has already conducted projects related to operating reserve markets.
Elke Temme, the CEO of Elli (Volkswagen Group Charging GmbH) and Senior Vice President of Charging & Energy at Volkswagen AG, says: “An essential key to achieving climate neutrality lies in linking of the energy and mobility sectors. Using the electric vehicle battery as a mobile power bank delivers a triple benefit: Firstly, the climate benefits as renewable energy can be stored and therefore be used more efficiently; secondly, the electric grid benefits, as the car can contribute toward grid stability, and thirdly, the customer can earn additional revenue with vehicle-to-grid services. To explore the benefits of this consumer-centric approach, this cooperation with Elia Group is crucial for us.”
Chris Peeters, CEO of the Elia Group, adds: “The rapid rise in electric vehicles is reinforcing the need for cooperation between the electricity and mobility sectors. We want to enable the increasing number of EV users to charge their EVs while keeping the electricity system in balance. As a next step, the batteries of these cars will also be able to be used in such a way that they will contribute to the overall levels of energy comfort experienced by end users. Elli shares the same vision of the future regarding electric mobility as us and also has a strong focus on digital innovations. In the context of sector convergence, we are therefore the ideal partners to develop digital consumer services together.”
VW's Elli was founded in 2018 and has offices in Berlin, Wolfsburg and Munich.