Utilities can achieve over 300 percent ROI for load shifting with Bidgely’s comprehensive EV Solution
Bidgely on February 7 introduced electric vehicle (EV) Active Managed Charging to its UtilityAI EV Solution at DISTRIBUTECH International. New Active Managed Charging (also known as direct load control) is now part of Bidgely’s end-to-end EV Solution that also includes: EV Detection and Targeting, EV Passive Managed Charging (behavioral load shift) and EV Grid Analytics. Active Managed Charging can be launched in a few weeks without data integration as a turn-key standalone application. Over 25 OEMs are available for data connection with seven available for active control: Ford, Hyundai, Jaguar, Land Rover, Toyota, Tesla, VW.
As the industry’s only complete and proven approach to EV engagement and management, Bidgely’s EV Solution accurately targets high-peak charging customers for incentive programs using the company’s patented AI-powered EV disaggregation technology. By delivering 90 percent or better accuracy in identifying customers with EVs on the grid and providing behind-the-meter visibility into their charging behaviors, Bidgely’s EV Solution provided utilities the ability to better target their highest-value customers for load-shift programs, reducing program costs from an average of ~$225/kW to ~$65/kW.
“The EV revolution is going to have a rapid and profound impact on load pressure, grid resilience and decarbonization. This will mean that utilities will need to take a smart and integrated approach to EV engagement and management, at a pace that they have not historically moved,” said Bidgely CEO Abhay Gupta. “The only way to do this rapidly at the scale this revolution demands is by harnessing the power of data and AI to empower smarter energy decisions in an integrated and connected way.”
While other EV solutions rely on a patchwork of partners and technology that drive up costs, complexity, and time-to-value, the introduction of Active Managed Charging means Bidgely now provides an end-to-end solution for the smart integration of EVs onto the grid. This approach helps utilities to:
- Identify all EVs in a utility’s territory using Bidgely’s patented EV disaggregation technology;
- Recruit economically at scale with Bidgely’s omni-channel customer engagement solution, recognized as a leader in IDC’s MarketScape report for digital customer engagement solutions;
- Target the specific EVs causing congestion based on advanced grid analytics; and
- Optimize charging of millions of EVs to help grid resilience, while offering the best value charging for consumers.
Bidgely has partnered with a range of utilities to help them realize sustainable load shift through the intersection of AI and EV consumer behavior influence. A tier one investor-owned utility reported over 90 percent accuracy in EV detection and estimation, with a 75 percent load-shift from on-peak to off-peak. Now, 97 percent of all EV charging is occurring off-peak.
Learn more about Bidgely’s new EV Active Managed Charging
Visit Bidgely during DISTRIBUTECH International in booth 1819
