EDF & Nuvve formalise V2G charging venture DREEV
Électricité de France (EDF) together with California’s Nuvve has founded a joint venture called DREEV for the development of V2G charging solutions. The focus is on the main European markets of France, Belgium, Italy and Great Britain.
DREEV will concentrate on developing and deploying vehicle-to-grid technology, which EDF considers “the most promising aspect of smart charging”. In terms of technology, the joint venture builds on solutions already developed by the start-up Nuvve.
The San Diego-based green energy technology firm has deployed similar projects on five continents including what they claim to be the “world’s first fully commercial V2G hub in Denmark,” which has been operational for two years now. We suspect Nuvve is referring to a V2G project they have set up with Nissan in the Nordic country. Besides, the Japanese carmaker and Nuvve are currently working to install a 1,000 V2G charger network and EV fleet in the UK (we reported).
But back to the partnership with EDF – it now has been essentially formalised, but DREEV has already a few installations running, both in France as well as the UK. In Great Britain, EDF Energy wants to install no less than 1,500 V2G connections together with Nuvve reportedly.
Target markets are fleets of businesses and communities, and the offer includes not only vehicles as mobile storage units but also stationary energy storage. DREEV will sell primarily through IZIVIA, a 100% EDF subsidiary.
Overall, EDF intends to operate 75,000 charging stations in Europe by 2022 as it aims for a 30% market share in its main markets of France, Belgium, Italy and the UK as reported.
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