SP Group (formerly Singapore Power) has increased its initial investment in The Mobility House in conjunction with the start of its V1G and V2G technology trial. The trial will test and verify the feasibility of controlled charging as well as using energy stored in electric vehicles (EVs) to enhance grid stability. The goal is to accommodate higher EV grid penetration, particularly as Singapore prepares to replace all internal combustion engine vehicles by 2040.
The Mobility House includes mitigating transmission line congestion in Germany to stabilize the power grid and providing emergency power supply for the Johan Cruijff ArenA in Amsterdam. Here onsite chargers allow visitors to charge vehicles while parked and also return energy to the stadium in emergency situations. The European Investment Bank (EIB) also invested €15 million to promote EV integration into the electric grid through research and development funding for The Mobility House’s intelligent Charging and Energy Management system ChargePilot and its underlying EV Aggregation Platform.
Given the significant amount of time vehicles are parked unused, V2G can provide additional value by intelligently connecting EVs to the power grid to provide various grid-stabilizing services. The Mobility House’s ChargePilot enables smart charging and discharging of EVs according to the grid’s needs in a comprehensive solution for a fully electrified, emissions-free mobility future.
Bridging the gap between energy and mobility also makes offsetting new electrification costs possible, as they provide end users with added benefits of utility bill reduction and increased revenue streams.