This week 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.
OVO CEO and Founder Stephen Fitzpatrick said: “Renewable energy and electric vehicles are perfect partners for the 21st Century. Today we’re launching the world’s first widely available vehicle-to-grid charger, helping to solve one of the biggest challenges facing the energy sector. We’re enabling thousands of EV batteries to help balance the grid in times of peak demand, more renewable energy to come onto the system, and households to reduce their electricity bills.
“This is the first step in building the distributed energy system of the future. One that is truly customer centric and built around households and their connected energy storage devices.
“Our completely new approach to energy has been made possible by the convergence of emerging technologies, applying intelligence, and years of working with customers to redesign the entire energy system.”