EDF Energy and Nuvve Corporation will install up to 1,500 Vehicle to Grid (V2G) chargers in the UK.
The V2G chargers will be for the utility’s business customers and will provide up to 15MW of additional energy storage capacity, an equivalent amount of energy able to power 4,000 homes.
Energy stored on the V2G chargers will be sold on flexible energy markets and support the grid during peak periods.
The project is claimed to be the largest to deploy V2G chargers in the UK and will ensure consumers reduce their energy costs, carbon footprints, as well as generate additional revenue.
The project is expected to play a significant role in helping the UK expand its adoption of electric vehicles and renewable energy.
The UK government has set a target to have 50% of new cars and 40% of new vans sold be electric. To date, more than one million new vehicles are bought by businesses each year.
Beatrice Bigois, managing director of customers at EDF Energy, said: “With 55% of new vehicles coming on to the road through businesses, they will play a key role in the transition to electric transport. Through this partnership with Nuvve, we are investing in smart technologies that will help our business customers electrify their fleets in a cost-effective way and support the UK’s ambition for clean growth.”
Gregory Poilasne, co-Founder and CEO of Nuvve, said: “The UK is ahead of the game when it comes to integrating wind and solar on the electric grid and V2G is the perfect way to supplement these efforts.”