EDF and Nuuve launch new V2G platform DREEV
DREEV, a new joint venture has been set up between EDF Pulse Croissance and Californian start-up NUVVE.
The principle behind the new brand was announced when EDF's Electric Mobility Plan was launched in October 2018. This Plan is designed to make the EDF group a leader in the electric mobility market, particularly in the field of “smart charging”, in its four main markets in Europe: France, the United Kingdom, Italy and Belgium.
The core business of the new subsidiary DREEV is the development of solutions based on “Vehicle-to-Grid” (V2G) technology, which is the most innovative as well as the most promising aspect of “smart charging”. The technology currently proposed by DREEV has been developed by the start-up NUVVE and has already been trialled around the world. DREEV is currently aimed at fleets of businesses and communities.
“Smart charging” refers to the technologies designed to optimise the charging and discharging of an electric vehicle flexibly and economically. Controlling the charging of electric vehicles mainly involves controlling the time and speed of the charge, from the grid to the vehicle. Thanks to V2G technologies, the energy collected in the batteries of electric vehicles can also be used to provide energy to a building, a neighbourhood or the grid when required. This turns the vehicle into an active component in the grid: it helps give the electricity system some balance. It thus contributes to the development of renewable energies, as the number of kWh produced in this way and not “consumed” immediately can be stored.
Benefiting from the EDF Group and NUVVE's expertise, DREEV will work in various areas such as smart management of charging and discharging vehicles, in particular on the basis of signals sent by the grid, introducing energy flexibility services, made possible thanks to storage, to help establish a balance between supply and demand, and customer experience that helps users guarantee their needs in terms of mobility. These solutions will be marketed via different channels, in particular by IZIVIA, a subsidiary 100% owned by the EDF group, specialising in charging facilities.
In the United Kingdom, EDF Energy has already started working with NUVVE to develop solutions where users will be able to charge their vehicles at the best prices. One of EDF Energy's sites is already equipped with NUVVE's V2G chargers. The creation of DREEV will help speed up these developments.
Working with the Renault Group, EDF has launched a trial on Réunion where 150 vehicles will be able to take part in a large-scale trial to test the benefits of “smart charging” and V2G from network signals.
Yannick Duport, the EDF Group's Electric Mobility Director, said: “Within the context of its Electric Mobility Plan, the EDF Group is making “smart charging” one of its main priorities for development in Europe. We are convinced that the development of electric vehicles requires innovative solutions. V2G is a winner three times over: economical for the customer, low carbon for the planet and excellent for the grid. For EDF, electric mobility is everywhere and for everyone.”
Eric Mevellec, DREEV's Managing Director, said: “The first commercial products are a start, and illustrate our desire to roll out several hundred terminals, starting this year. We are drawing on a tried and tested technical solution, and we now need to remove the obstacles to rolling it out commercially.”
Gregory Poilasne, CEO of Nuvve Corporation, said: “The creation of DREEV in collaboration with EDF will speed up access to the market and help lots of customers benefit from V2G technology, which we have been developing and rolling out internationally since 2010.”