Available globally, Itron’s cloud-based solution is charger- and vehicle-agnostic and integrates EV charging management and grid management systems to enable charging assets to work in harmony with the grid.
Itron is launching a digital twin-based platform that enables electric vehicle (EV) charging assets to work in harmony with the grid.
Available globally, the cloud-based Electric Vehicle Charging Optimiser solution is charger- and vehicle-agnostic and integrates EV charging management and grid management systems to provide EV charging and energy management for utilities and charging operators.
The initial focus for the solution will be on the fleet segment to address potential locational capacity constraints and the need for charging operators to optimise their energy consumption. Itron claims the solution can save end customers more than one third (35 per cent) on their energy costs through managed charging and can save utilities more than one fifth annualised considering grid infrastructure investments and ongoing management.
Itron reports early deployments for its EV charging solution include two leading domestic and international utilities.
The EV Charging Optimiser is a part of Itron’s Optimiser portfolio, which also includes Distributed Energy Resources (DER) Optimiser, Grid Edge Optimiser and associated professional services.
The digital twin-based platform that was built from the ground up and provides EV charging operators and energy suppliers with a technology-driven solution to simplify planning, build and operations of EV charging and grid infrastructure. The integrated solution helps reduce costs for project stakeholders by optimising EV-grid integration for utilities, managing charging schedules and the energy bill for EV charging operators and ensuring reliability and resiliency for both.
With Itron’s EV Charging Optimiser, EV fleet owners can plan, operate and manage their EV fleets while also integrating charging assets with other DERs such as solar and storage.
“As the new vehicle fuel, energy and power must be managed within an ecosystem of DERs to fully realise the economic benefits of electrification. Grid integration needs to be intelligently planned”
“With EV Charging Optimiser, utilities and EV charging operators have access to comprehensive EV charging, energy management and turnkey solutions to help maintain grid reliability, resiliency and efficiency. This will allow utilities to optimise their grid investments in EV charging enablement and end customers to better manage their energy fuel costs.”
At the same time, the solution can manage constraints at the grid edge for the utility through grid analytics and control and enables chargers to be grid-integrated assets that facilitate outcomes like vehicle-to grid (V2G) and other grid resiliency functions.
Itron enables utility EV programme managers and transportation electrification managers to set up, deploy, monitor and manage end-to-end EV charging programmes, including customer consulting and advisory, enrolment, deployment and ongoing management. Utility charging-as-a-service (CaaS) programmes or make-ready programmes are both supported.
“In order for the electrification of transportation to accelerate, the barriers for EV charging deployment need to be removed,” said Don Reeves, senior vice president of outcomes at Itron.
He added: “As the new vehicle fuel, energy and power must be managed within an ecosystem of DERs to fully realise the economic benefits of electrification. Grid integration needs to be intelligently planned to ensure stakeholder needs are met for all parties.
“With EV Charging Optimiser, utilities and EV charging operators have access to comprehensive EV charging, energy management and turnkey solutions to help maintain grid reliability, resiliency and efficiency. This will allow utilities to optimise their grid investments in EV charging enablement and end customers to better manage their energy fuel costs.”
“In order for the electrification of transportation to accelerate, the barriers for EV charging deployment need to be removed”
Scott Shepard, principal research analyst at Guidehouse Insights, reckons with global EV adoption expected to increase by one quarter annually to 2030, capacity constraints from concentrated EV charging depots are inevitable. “Utilities and charging operators need planning, managed charging and optimisation tools to improve grid integration and minimise energy costs. Software platforms focused on minimising total cost of ownership provide piece of mind for stakeholders,” he added.
As part of the end-to-end solution offering, Itron said it is collaborating with a number of technology partners, integrating its EV smart charging management, DER management, grid analytics and optimisation SaaS platform, including Amazon Web Services, Geotab, the Mobility House, Meteomatics and Heliox.
Itron enables utilities and cities to deliver critical infrastructure solutions to communities in more than 100 countries with a portfolio of smart networks, software, services, meters and sensors.
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How does Itron’s digital twin platform optimize EV charging and grid integration?What cost savings can utilities achieve using Itron’s EV Charging Optimiser?How does the platform manage energy consumption for EV fleet operators?In what ways does the solution support vehicle-to-grid (V2G) functionality?Which technology partners enhance Itron’s EV charging and grid management?