Estimates show that commercial fleets in the US are set to grow to include eight million EVs by 2030. This will in turn increase power consumption to 230 terawatt-hours-per-year or approximately 6 percent of current US power generation, creating a market opportunity of approximately $15 billion for EV fleet charging.
CPower and Amply will help to keep the grid balanced during peak hours. Amply will utilise its Charging-as-a-Service model to it simpler for fleets to transition to EVs by assuming end-to-end responsibility for all charging aspects of the EV fleet. CPower will support this effort by providing its proprietary back-end software to optimise EV charging and other energy use at public and private depots, with the Logan Bus Company, the largest school bus provider for the New York City Department of Education, being the first to benefit from the collaboration between the two companies.
“As the paradigm shift toward distributed energy resources integration becomes a reality, together with our partners, we're unlocking benefits on both sides of the meter to maximise the full value of the grid” said Mathew Sachs, senior vice president – strategy and business development, CPower. “As assets like electric vehicles and their chargers grow in popularity, demand-side energy management programmes will become an even bigger priority for grid operators and utilities. We're excited to partner with an industry leader like Amply to offer additional flexibility to the industry.”
Vic Shao, CEO of Amply Power, added that, combined with managed charging strategies, onsite distributed energy resources provide an opportunity for fleets to be more energy resilient and reduce costs while strengthening their local grids.
CPower has one of the industry's most comprehensive and agnostic-diverse ecosystems to integrate DERs, such as EVs and their chargers, battery storage, microgrids, renewables, virtual power plants and more, to balance supply and demand while helping organisations offset power costs. Operating across North America, CPower offers more than 50 grid operator and utility energy programmes to more than 1,700 commercial and industrial customers.
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