Green Fleet Top News

Partnership to Combine EV Charging and Energy Storage

July 23, 2015

Green Charge Networks, a commercial energy storage provider, announced its partnership with ChargePoint, a provider of electric vehicle (EV) charging networks.

Combining energy storage with EV charging is designed to eliminate the high cost of demand charges caused by spikes in power usage, often a barrier to installing EV charging stations, according to both ChargePoint and Green Charge Networks. Demand charges are part of every commercial electricity bill and are determined by the highest 15 minutes of use during a billing cycle.

Redwood City, Calif., is the first joint customer to install the combined solution. The expansion of the city’s electrical vehicle charging stations furthers the city’s environmental standards outlined in its Climate Action Plan to reduce greenhouse gas emissions within the community and city operations by 15 percent below 2005 levels by 2020. The city installed five EV charging locations in 2014.

Green Charge Networks' intelligent energy storage is shaving multiple peaks per day (80 in May 2015) caused by the EV charging stations, according to the energy storage provider. The energy storage is expected to save nearly $7,000 annually in demand charges at the five Redwood City locations.

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