UK energy company OVO unveiled a range of products that together with its intelligent platform VCharge will form the components of a distributed, domestic energy system for the future.
The range includes the world’s first widely available, domestic electric vehicle-to-grid charger, designed and manufactured in the UK. The charger will accelerate the global transition to electric vehicles and will enable drivers to sell surplus energy from their electric vehicle batteries back to the electricity grid – meaning they may never have to pay to be on the road again.
The OVO Vehicle-to-Grid Charger is the world’s first widely available domestic bi-directional charger. Using VCharge, this charger will give drivers the option to discharge and sell surplus electricity from their electric vehicle batteries back to the electricity grid, helping to supply energy at times of peak demand. VCharge will also optimise vehicle charging to take advantage of cheaper electricity when it’s available and when there are more renewables in the system. Through their partnership, Nissan and OVO are leading the way with this technology.
Available to Nissan LEAF drivers, the OVO Vehicle-to-Grid Charger could enable Nissan drivers to have free power for their electric vehicles by selling energy back to the grid. This is an important step for both companies to deliver their mission to offer customers free power for their electric vehicles.
In addition, OVO is launching a Smart Charger which, like the vehicle-to-grid charger, will enable electric vehicles to be charged during off-peak hours, thereby easing pressure on the electricity grid as well as allowing drivers to take advantage of cheaper off-peak electricity.
OVO is also announcing its debut in the home battery market with a Home Energy Storage solution. This powerful battery with a custom built control and communications unit will dynamically and proactively manage energy and power use. It will enable everyone to store, use and sell back electricity, whether or not they produce it themselves.
The smart electrification of heating is an essential component of decarbonising our energy system. Showcased at the event was the OVO Heat Dynamo, an internet connected smart switch that can be retrofitted to electric storage heaters. It allows users to control the level of heat they want, when they want it via OVO’s Smart Heat Customer App, while reducing their electricity bills by as much as 30% and providing balancing services to the electricity grid.