The technology means that organisations such as charge point operators, fleets and local authorities can view a unique ‘digital twin’ of their low-carbon technologies, with the ability to add new elements and see the impact on installation costs.
The simulator can then be used to optimise existing and planned infrastructure development, before connecting new energy assets, potentially reducing project costs and timelines, as well as lowering emissions and achieving savings on energy bills.
The CrowdCharge platform can evaluate many different complex variables, including multiple sites, reducing the need for grid upgrades for locations and simulating the impact of vehicle-to-grid (V2G) charging. By optimising energy use and maximising flexibility, CrowdCharge can also reveal the scale of new revenue opportunities from grid services.
Mike Potter, CEO of CrowdCharge, says: “Installers of low carbon technologies such as electric vehicle charge points can now access unique AI technology allowing them to simulate the deployment of new energy assets, optimise cost and emission savings, and get the best return. One local authority has the potential to avoid over £300,000 worth of multi-year infrastructure updates, as a result of the simulator highlighting opportunities to better manage demand.”
CrowdCharge’s technology also provides real-time insights from an organisation’s electric vehicles via a user-friendly dashboard, allowing EVs to be charged with the lowest cost and lowest carbon electricity, potentially resulting in emission savings of up to 63%.
The company says this represents a significant breakthrough which enables companies and other organisations with fleets to achieve game-changing improvements for carbon reporting as part of their progress to net zero.
Americo Lenza, COO of CrowdCharge, adds: “Our simulator tool creates a digital twin that can model a complex range of variables including electric vehicle charge points, solar panels, heat pumps and energy storage systems. Advanced real-time optimisation can help organisations reduce emissions, save money and reveal new revenue sources from grid services in a rapidly evolving energy market.”
UK-based CrowdCharge says its AI-powered technology, with patented optimisation tools, helps to unlock maximum value from V2X (vehicle to everything) services across individual vehicles to fleets and workplace ecosystems, enabling organisations to better predict and manage usage, saving money and carbon.
CrowdCharge is a partner in the Innovate UK V2VNY vehicle to grid (V2G) project which is trialling V2G using AC (alternating current), a more affordable solution than vehicle to grid charging using DC (direct current). CrowdCharge technology was previously validated in the Electric Nation smart charging and V2G projects.
CrowdCharge is a sister company to DriveElectric, an EV leasing broker specialising in supporting the transition to electric vehicles for organisations on their journey to net zero.
