E-Cars at the Power Exchange

Industry News – September 15, 2022

The energy and mobility provider "The Mobility House" trades electricity from 4,500 electric car batteries at the European power exchange in Paris.

The Mobility House has already been marketing so-called flexibilities, i.e. electricity to stabilize the grid, from stationary and mobile electric car batteries since 2016. Until now, according to the company, a "long-standing close partner" took over the marketing on the European energy markets. Now, The Mobility House has its own connection to the European power exchange EPEX SPOT SE and trades flexibilities of 100 megawatts from 4,500 electric car batteries.

As vehicle-to-grid applications become more real with the first bidirectional vehicles and charging stations, active and direct participation as an official exchange member is now "mandatory," the company announced. Only in this way can the specific flexibility of electric cars be traded in the best possible way without aging the battery. In this context, the electric car batteries are controlled and connected via the self-developed "EV Aggregation Platform". "Over many years, we have been able to gain valuable experience in day-ahead and intraday trading on the basis of our EV Aggregation Platform in numerous projects with well-known partners," says Robert Hienz, CEO of The Mobility House.

With the connection to the power exchange that has now taken place, the company wants to ensure the further development of its own technology and algorithms. The aim is to design the system for "rapid growth", both in terms of the availability of electric car batteries and the demand from energy suppliers. In addition, there are the requirements of the car manufacturers.

For electric car owners and especially fleet operators, bidirectional charging could well be worthwhile. The Mobility House expects "significant revenues per vehicle," which would even compensate for the cost of the traction current. Soon, private customers will also be able to benefit from bidirectional charging. The Mobility House is preparing corresponding products.

So far, however, only very few electric car models support bidirectional charging. The technology is to be rolled out on a large scale for the first time with the ID.Buzz, Volkswagen's electric van, and will then follow in the VW Group's other electric models.

Further Content
Industry News
Smart Combination: PV, Storage Systems, E-Mobility and Heat Pumps

How private consumers can become self-sufficient in the electricity, heating and transport sectors

Press Release
New Opportunities for the European Battery Industry: Technological Trends and Developments in 2024

April 11, 2024

The battery industry is steadily moving forward: With the increasing electrification of vehicles and the expansion of renewable sources of energy, the global demand for batteries is growing. New technologies, as well as strategic and geopolitical decisions, will impact the battery and electromobility sectors, creating both opportunities and challenges.

Jan Lozek, Managing Partner and Co-Founder of Future Energy Ventures
Startup Deep Dive: How They Can Be a Driver of the Energy Transition

The smarter E Podcast Episode 162 | Language: English

January 18, 2024

We speak with Jan Lozek about the role of start-ups for a decentralised energy supply with renewable energies.

Trend Paper
Drivers of the Portable Battery Storage Market

January 12, 2024

Portable battery storage systems are meeting increasing interest worldwide. This trend paper shows what drives this development.

Julia Souder, CEO of LDES Council and Alan Greenshields, Director EMEA at ESS Inc.
The Role of LDES in Ensuring a Renewable Energy Supply 24/7

The smarter E Podcast Episode 165 | Language: English

February 8, 2024

We spoke with our expertes Julia Souder and Alan Greenshields about LDES and the latest developments and market potentials.

You are using an outdated browser

The website cannot be viewed in this browser. Please open the website in an up-to-date browser such as Edge, Chrome, Firefox, or Safari.