Nuvve will integrate communication protocols between its vehicle-to-grid (V2G) platform and Romeo Power’s battery management system (BMS). Romeo Power delivers advanced electrification solutions for complex commercial vehicle applications.
This integration should enable Romeo Power battery systems to become V2G compatible, regardless of the commercial vehicle platform. Nuvve’s V2G technology should allow excess energy from Romeo Power battery packs in parked EVs to be collected, stored, and shared to optimise grid stability. The platform uniquely accounts for precise energy flow on both the vehicle and charging station sides, which is expected to help mitigate battery degradation.
Additionally, Romeo Power expects to be able to monitor and measure specific data related to battery life.
Nuvve recently published a paper on the positive impact intelligent energy management has on battery health. With its proprietary technology, Nuvve’s V2G platform can reduce battery degradation while increasing access to clean energy and minimising operating costs.
This collaboration enables Nuvve and Romeo Power to cooperate in supporting the broad EV ecosystem, including OEMs, charging station manufacturers and other technology providers to help lower the total cost of ownership for BEV fleet managers and accelerate the advancement of EV adoption.
The companies expect to share their data with OEM partners, which could lead to more cost-effective battery warranties. Reduction in EV battery prices is another step towards providing innovative solutions to ease the transition to EVs, making them more affordable and accessible.
Nuvve is accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) technology. Its Grid Integrated Vehicle (GIVe™) platform offers intelligent, bidirectional charging solutions.
Gregory Poilasne, Chairman and CEO of Nuvve, said, “Ultimately, we need innovation across the transportation and energy industries to create a zero-carbon world.”
Lionel Selwood Jr., CEO, Romeo Power, said, “Integrating Nuvve’s V2G technology with our battery management systems is yet another step by Romeo Power to continue supporting the advancement of electrification in commercial vehicles.”
Earlier in May, Nuvve revealed its vision for V2G electric vehicle charging hubs (V2G hubs) that delivers transportation as a service (TaaS) for commercial EV fleets and enhances grid resiliency. The V2G hub model offers centralised renewable energy generation, bidirectional EV charging stations, and a suite of EV services while providing financing options to purchase EVs. This combination of centralised charging infrastructure and end-to-end fleet support services is expected to make it easier for light-, medium- and heavy-duty fleets to electrify by reducing upfront capital costs while Nuvve’s V2G technology reduces the cost of fleet ownership by enabling fleet vehicle batteries to store and sell energy, including from renewable sources, back into the grid.
The V2G hubs and associated TaaS offering will initially focus on fleets such as last-mile delivery, ride hailing and ride sharing, municipal services, and student transportation. The first application is expected to serve electric school buses based on existing commercial deployments and agreements between Nuvve and its V2G ecosystem partners to help achieve the objectives of US President Joe Biden’s infrastructure plan, including its commitment to electrifying America’s diesel school buses.
Nuvve’s TaaS offering will allow organisations to electrify their transportation by paying a monthly fee that covers leasing EVs, charging infrastructure, energy costs, vehicle storage, and vehicle maintenance.
The V2G hubs resolve limitations with utilities related to multiple interconnections to the electric grid through small energy storage systems, such as V2G EVs. By creating a set of hubs within a geographic area with large connections to the grid – of the order of two to 50 megawatts – Nuvve will enable access to energy for its customers while delivering services to energy markets in a more efficient manner thanks to their virtual power plant and grid experience.
The V2G hubs will feature Nuvve’s V2G EV charging technology that precisely manages the charging and discharging of parked EV batteries while also prioritising vehicle and driver considerations, including battery health and charge needs for driving duties.
Nuvve’s system can combine the energy from multiple EV batteries to form virtual power plants (VPPs) to sell energy back to the grid and provide services that help with grid stability, predictability and resiliency. These centres will be capable of serving multi-modal EV fleets from ride-share services to delivery fleets and school buses while supporting grid stakeholders from utilities to transmission system operators.