TURIN, Italy--(BUSINESS WIRE)--Regulatory News:
The COVID-19 outbreak has not put a stop to the cooperation between Fiat Chrysler Automobiles and ENGIE Eps (Paris:EPS), nor to their commitment to support the deployment of electric mobility.
Since the announcement with Terna in September of the intention to jointly experiment with interactions between electric cars and the power grid, based on a “smart” charging infrastructure, FCA has selected ENGIE Eps as the technology partner for the project, to build that infrastructure.
In full compliance with the safety standards to contain the epidemic, work has therefore begun at the FCA plant in Mirafiori, Turin on the first phase of the Vehicle-to-Grid (V2G) pilot project. Once fully completed, it will be the largest plant of its kind in the world.
The initiative is aimed at two-way interaction between FCA full electric vehicles and the power grid. In addition to recharging the cars, the project will use their batteries to provide grid stabilization services. The vehicle batteries are capable of storing energy and, using the V2G infrastructure, can return it to the grid when needs be. This represents an opportunity to optimize the operating costs of the cars – for the benefit of motorists – and a concrete possibility of contributing to a more sustainable electricity system.
The need for “balancing resources” in the power grid is expected to increase considerably in the future: on the one hand to support the development of renewable sources, where energy production is by default nonprogrammable; on the other hand, to manage the deployment of electric vehicles, which – given that they require power to be recharged – could further destabilize the system. In the near future, the deployment of infrastructure for intelligent battery management, for example the system under development at Mirafiori, will therefore be a key element in balancing real-time energy demand and production.
V2G technology therefore represents one of the strongest incentives for the spread of truly sustainable electric mobility and a pillar of a rapid energy transition in terms of accessibility to all – resulting in lower CO2 emissions – and in terms of sustainability from the point of view of the electricity infrastructure, where safety and reliability would in turn be increased. The crucial importance of the project thus served as justification to start its implementation despite the current outbreak.
The construction site for phase 1 of the project is now open at the Drosso logistics center, within the Mirafiori complex. The works cover an area of approximately 3,000 m2 with 450 m of trenches already excavated, ready to host over 10 km of the cables required to interconnect the electricity grid with 64 two-way fast charging points, with an output of up to 50 kW. The centralized infrastructure and advanced control system – providing Vehicle-to-Grid network services in addition to fast charging of electric vehicles – were designed, patented and constructed by ENGIE Eps.
Phase 1 of the project will see the installation of 32 V2G columns capable of connecting 64 electric vehicles and is scheduled for completion in July. By the end of 2021, the infrastructure will be extended to interconnect up to 700 electric vehicles, capable of providing ultrafast grid services to the transmission network operator, as well as recharging the vehicles themselves.
In its final configuration, the project will be capable of supplying up to 25 MW of regulatory capacity, making it the largest V2G facility ever built in the world. In addition, by aggregating with other FCA “assets” at Mirafiori – including 5 MW of solar panel capacity – this V2G infrastructure will become a true Virtual Power Plant, indeed the most innovative one in Italy. It will have the capability to provide a high level of resource optimization to the equivalent of 8,500 homes and a wide range of services to the network operator, including ultrafast frequency regulation.
"The project is acting as our laboratory to experiment on and develop an offering to add value in the energy markets,” said Roberto Di Stefano, Head of EMEA e-Mobility at FCA. “On average, cars remain unused for 80-90 percent of the day. During this long period, if connected to the grid by Vehicle-to-Grid technology, customers can therefore receive money or free energy in exchange for the balancing service offered, without compromising their mobility needs in any way. In addition, this project forms part of a broader context of the technology partnership that has stood between ENGIE Eps and FCA since 2016. The main, tangible objective of this partnership is to reduce the cost of FCA electric vehicle lifecycles, via specific offers exclusive to our customers.”
“During this period of forced immobility in Italy, we are continuing to build the country's future in partnership with FCA, by developing the technology required for the electricity grid to support the deployment of electric cars. At the same time, the project will also help to stabilize the network,” noted Carlalberto Guglielminotti, CEO of ENGIE Eps. “Estimates have it that by 2025, the total storage capacity of electric vehicles in Europe will be over 300 GWh, representing the largest distributed resource available to the European energy system. The market for V2G infrastructure, to date consisting almost exclusively of experimental projects, is now ready to get off the ground. The Drosso project at Mirafiori is a world first. We are confident that it will soon be joined by a solution for all company fleets.”
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About ENGIE EPS
ENGIE EPS is an industrial player within the ENGIE group that develops technologies to revolutionize the paradigm shift in the global energy system towards renewable energy sources and electric mobility. Listed on Euronext Paris (EPS:FP), ENGIE EPS is listed in the CAC® Mid & Small and the CAC® All-Tradable financial indices. Its registered office is in Paris and conducts its research, development and manufacturing in Italy.
For more information: www.engie-eps.com
About ENGIE
Our Group is a global reference in low-carbon energy and services. In response to the urgency of climate change, our ambition is to become the world leader in the zero-carbon transition "as a service" for our customers, in particular global companies and local authorities. We rely on our key activities (renewable energy, gas, services) to offer competitive turnkey solutions.
With our 170,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress. Turnover in 2019: EUR 60.1 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).
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About Fiat Chrysler Automobiles
Fiat Chrysler Automobiles (FCA) is a global automaker that designs, engineers, manufactures and sells vehicles in a portfolio of exciting brands, including Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Ram and Maserati. It also sells parts and services under the Mopar name and operates in the components and production systems sectors under the Comau and Teksid brands. FCA employs nearly 200,000 people around the globe.
For more information on FCA, visit the website www.fcagroup.com