{"id":28918,"date":"2023-01-17T09:44:15","date_gmt":"2023-01-17T09:44:15","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=28918"},"modified":"2023-01-17T09:44:15","modified_gmt":"2023-01-17T09:44:15","slug":"new-smart-ev-charging-system-could-save-consumers-up-to-1000-a-year","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/new-smart-ev-charging-system-could-save-consumers-up-to-1000-a-year\/28918\/","title":{"rendered":"New smart EV charging system could save consumers up to \u00a31,000 a year"},"content":{"rendered":"

Thanks to plans for a new EV charging system, UK electric vehicle owners are set to benefit from lower energy bills and cheaper motoring.<\/h2>\n

The Electric Vehicle Smart Charging Action Plan, which was published today by the UK Government and Ofgem, sets out steps to seize the potential of smart EV charging and make it the main method of long-duration charging by 2025.<\/p>\n

For high-mileage motorists, smarter charging could save up to \u00a31,000 a year, which hugely addresses the costs associated with the charging of electric vehicles<\/a>.<\/p>\n

The benefits of smart charging<\/h3>\n

Smart EV charging harnesses the potential of energy use data and the latest energy innovations to deliver significant benefits for consumers, including allowing motorists to charge electric vehicles when electricity is cheaper or cleaner, allowing consumers to power their homes using electricity stored in their electric vehicle, or even sell it back to the grid for profit.<\/p>\n

To back this up further, the Government has also announced \u00a316m funding from the Net Zero Innovation Portfolio (NZIP) for technologies that harness the potential of smart charging, including a smart street lamppost which will enable motorists to access smart charging on the move, and projects that will enable domestic appliances, from heat pumps to EV charge points and batteries, to integrate into a smarter energy system.<\/p>\n

Graham Stuart, Energy and Climate Minister, commented: \u201cWe want to make smart EV charging an easier choice for drivers of electric vehicles, whether that is charging on the driveway, at the workplace, or parked on the street. To do that, we need to build new network infrastructure at pace, using the latest available technologies.<\/p>\n

\u201cToday\u2019s plan sets out how we will work with Ofgem and industry to kickstart the market for smart charging, which we are backing up with \u00a316m in innovation funding. This will let people take control of their energy usage, in the most convenient and low-cost way.\u201d<\/p>\n

The rollout of intelligent and automated smart EV charging will deliver a win-win situation for all consumers. Reduced electricity system costs will lower prices for everyone, motorists will pay less for charging their electric vehicles, and the electricity powering EVs will be cleaner and greener.<\/p>\n

All EV charge points across the UK will now be smart<\/h3>\n

Today\u2019s announcements build on the major steps already taken by the Government to enable smart and flexible EV charging. As of July 2022, all new charge points sold privately must now have smart functionality, and the UK is consulting on a new policy and technical framework to unlock the benefits of domestic smart, flexible energy, and enhance its cybersecurity.<\/p>\n

Through the plan, the Government will improve publicly available information and evidence on smart charging, support the implementation of robust consumer service standards, and ensure private charge points are secure and compatible with the latest energy innovations.<\/p>\n

The Government must now deliver on the EV charging plan<\/h3>\n

The Government and Ofgem will seek to remove the barriers that currently prevent the full development of a diverse and competitive smart EV charging market, while also making sure the energy system is ready to respond to the upturn in energy demand that electric vehicles will bring.<\/p>\n

To implement smart EV charging systems throughout the country, funding has been granted to several UK businesses. Among those receiving funding through the V2X (Vehicle to Everything) Innovation Programme<\/a> for prototype hardware, software and business models, are:<\/p>\n