Navigating the Energy-Mobility Interaction: Hive Power and AMAG

Advancements in V1G and V2G charging, particularly in smart charging and PV load balancing, have seen significant progress, as highlighted by Martin Everts, Managing Director of Energy and Mobility at AMAG. Notably, over 80% of AMAG’s smart charging cases involve solar energy, emphasizing the integration of renewable sources. This focus on renewable energy demonstrates a commitment to sustainability and innovative energy management.

The economic rationale behind automotive OEMs venturing into the energy sector is becoming increasingly clear. Flexible loads, like batteries, complement renewable energy’s stochastic nature, which is essential for the energy sector. Automotive companies and OEMs, with their extensive battery resources in EVs and trucks, are uniquely positioned to leverage this flexibility to gain extra revenue, lower total cost of ownership (TCO), and provide additional energy services to their customers.

Hive Power’s collaboration with AMAG exemplifies the potential of smart charging. By integrating Hive Power’s advanced aggregation and pooling services, the partnership showcases the scalability of EV charging solutions and begins to unlock the vast potential of demand-side flexibility inherent in electric vehicles. This collaboration not only enhances the efficiency of EV charging infrastructure but also promotes a more sustainable and resilient energy grid. The use of solar energy in over 80% of AMAG's smart charging cases further highlights the successful integration of renewable energy, setting a benchmark for future innovations in the field.Looking ahead, the energy-mobility space presents both challenges and opportunities. The need for partnerships and collaboration is paramount to unlocking the full potential of EV charging flexibility. As Everts pointed out, the necessity of collaboration over competition is crucial. At Hive Power, we firmly believe that the market is vast enough to accommodate multiple players, each bringing unique innovations to the table. By working together, we can drive forward the integration of renewable energy, enhance the efficiency of energy systems, and create a more sustainable future for all.