Seven partners have joined an EDF-led consortium for the EVVE project, to expedite the rollout of vehicle to grid (V2G) charging stations in Europe.
Launched in 2021 under the leadership of the EDF Group, the EVVE (Environmental Valorisation of Virtual Energy storage) project aims to deploy 800 European V2G charging stations.
Altra (IVECO group), BNP Paribas Mobility, represented by Arval and BNP Paribas Leasing Solutions, Enedis, IZIVIA, Nuvve, Stellantis and Volkswagen Group France joined the consortium formed around EDF and Dreev to speed up the project.
The goal of the project is to demonstrate that by storing low carbon electricity, EVs can help to reduce CO2 emissions. The project will pave the way for the arrival on the market of new V2G functionalities based on the ‘Combo CCS’ European charging standard.
Supported by the European Union’s Innovation Fund, the EVVE project and its intelligent charging stations use bidirectional technology developed by Dreev. This technology programmes vehicle charging when the grid has abundant decarbonised electricity and the price per kWh is competitive.
The energy stored in the batteries of electric vehicles can then help to balance electricity supply and demand on the grid, particularly at times of peak consumption.