As the number of electric vehicles on the road increases, businesses are looking with more focus at how they support the transition to sustainable transport. Whether they are looking at providing workplace charging for employees or customers or moving their fleet to EV, the shift to electric will have an impact on how much energy your organisation uses and how you manage it.
The need for more energy may require upgrades to the grid supply infrastructure, or the implementation of new on-site generation solutions. But research by Centrica Business Solutions shows that 57% of businesses do not currently have a plan to take action to address their power supply needs when they install EV charging. To keep the potential of increased costs under control, visibility and management over electricity usage is key.
Additionally, it is paramount that the uninterrupted operation of the EV infrastructure is protected to not impact driver experience. Downtime will have a direct impact on business continuity and the risk of a power outages need to be fully assessed and appropriate measures taken to ensure resilience.
Percentage of businesses who do not plan to take action to address their power supply needs when they install EV charging.1
Percentage of energy generated on-site by two thirds of businesses, with 8 out of 10 anticipating they will increase use of on-site generation over next 5 years.1
The percentage of businesses generating energy on-site who now sell energy back to the grid.1
Source: 1. Distributed Energy Future Trends report, 2019
For organizations to achieve the required flexibility and resilience of supply, they need to take more control of their energy use, production and storage. Ways to do this can include:
These flexible distributed energy solutions can also have a positive secondary effect on your bottom-line. Selling excess energy from on-site assets back to the grid can create a new form of income; in fact, 30% of businesses generating energy on-site now sell energy back to the grid.
Consideration should also be given to the future potential for using energy stored within EVs to generate income through Vehicle-to-Grid (V2G) initiatives. These incentivize EV owners and fleet operators to charge their cars during off-peak demand times, then sell any excess power they have stored when demand is high.
As well as rethinking their energy strategy, organizations transitioning to EV also need to address several other issues to maximize the benefits:
Specifically designed to address these energy supply and management challenges, our solution helps your organization avoid obsolescence and decreases the risk of investing in EVs as technology continues to evolve. We offer a combination of innovative products and services to help them make the transition to electric transport simpler, faster and more cost effective.