London – Kaluza, the intelligent software platform powering the future of energy, today announces winning the ‘Machine Learning / AI Project of the Year’ category at this year’s Digital Technology Leaders Awards for its role in the world’s first and largest domestic vehicle-to-grid (V2G) deployment led by OVO Energy.
The expert panel adjudicating this year’s Digital Technology Leaders Awards assessed the ability of the shortlisted technologies to deliver environmental benefits at scale with a focus on real-world impact. They were impressed by Kaluza’s bidirectional smart charging solution, which unlocks the power of electric vehicles to build a more robust, decarbonised energy system.
Using AI and machine learning, Kaluza intelligently manages the charging of V2G devices by analysing real-time market signals (such as grid supply, weather and pricing data), and charging cars when prices and carbon levels are low. Kaluza-enabled V2G allows cars to store energy and export it back into the grid when local electricity demand increases. At scale, this means that cars can be used as a giant smart battery for the nation, supporting and balancing the grid when supply is low.
So far, over 3 million free miles have been made available to OVO customers who exported energy back to the grid during peak times. The project has also shown that V2G has the potential to save £3.5bn per year on grid infrastructure reinforcement, and that customers can earn from £350-£450 to as much as £800 per year without needing to do anything except keep their cars plugged in when they are not in use.
Ben White, Head of Engineering at Kaluza, commented:
“Kaluza is on a mission to future-proof the energy system, with much-needed technology that will reduce energy costs while boosting system flexibility and resilience.
Our intelligent software platform connects customers and their electric vehicles to the grid, transforming homes into mini power stations that store and use the cheapest and greenest energy while simultaneously rewarding customers for selling it back to the grid at times of peak demand.
Winning this prestigious award is testimony to the hugely exciting potential of V2G. We look forward to scaling this innovation, alongside our other EV flexibility solutions, to maximise its significant benefits for our energy system and millions of drivers globally.”
About Kaluza
Kaluza is an intelligent energy platform powering the future of energy. From revolutionising billing to smart electric vehicle charging, Kaluza’s technology is empowering some of the biggest energy suppliers to better serve millions of customers. Its real-time cloud platform transforms supplier operations, reducing cost to serve and boosting customer engagement. Powered by Kaluza, suppliers can invest in innovating for tomorrow’s customers and drive decarbonisation with smart, low carbon technologies that not only reduce energy bills, but lay the foundations for a more flexible energy system. www.kaluza.com
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