EnergyHub and Wallbox Partner to Accelerate Growth of Utility Programs for EV Managed Charging
EnergyHub, a leading grid-edge flexibility provider, and Wallbox (NYSE:WBX), a global EV charging and energy management company, have partnered to expand access to utility programs for EV managed charging across North America. This integration will make Wallbox EV chargers eligible for utility active and passive managed charging programs, addressing the growing demand for residential charging solutions.
The partnership aims to help utilities reshape EV charging load, protect distribution assets, and manage load growth while offering customers financial incentives. Wallbox devices are expected to be enrolled in utility programs by August 2024. This collaboration aligns with the increasing adoption of home EV charging, which accounts for 80% of all EV charging according to the U.S. Department of Energy.
EnergyHub, un provider leader nella flessibilità della rete, e Wallbox (NYSE:WBX), un'azienda globale nel settore della ricarica EV e della gestione dell'energia, hanno stretto una partnership per ampliare l'accesso ai programmi utilitari per la ricarica gestita dei veicoli elettrici (EV) in tutta l'America del Nord. Questa integrazione renderà i caricatori EV Wallbox idonei per i programmi di ricarica gestita attivi e passivi proposti dai servizi pubblici, rispondendo alla crescente domanda di soluzioni di ricarica residenziale.
La partnership ha l'obiettivo di aiutare i servizi pubblici a rimodellare il carico di ricarica degli EV, proteggere le risorse di distribuzione e gestire la crescita del carico, offrendo nel contempo ai clienti incentivi finanziari. Si prevede che i dispositivi Wallbox entrino a far parte dei programmi utilitari entro agosto 2024. Questa collaborazione si allinea con l'aumento dell'adozione della ricarica EV domestica, che rappresenta l'80% di tutte le ricariche EV secondo il Dipartimento dell'Energia degli Stati Uniti.
EnergyHub, un proveedor líder de flexibilidad en el borde de la red, y Wallbox (NYSE:WBX), una empresa global de carga de vehículos eléctricos (EV) y gestión de energía, se han asociado para expandir el acceso a los programas de servicios públicos para la carga gestionada de EV en toda América del Norte. Esta integración hará que los cargadores de EV de Wallbox sean elegibles para los programas de carga gestionada activos y pasivos de los servicios públicos, respondiendo a la creciente demanda de soluciones de carga residencial.
La asociación tiene como objetivo ayudar a los servicios públicos a remodelar la carga de carga de EV, proteger los activos de distribución y gestionar el crecimiento de la carga mientras ofrece a los clientes incentivos financieros. Se espera que los dispositivos de Wallbox se inscriban en los programas de servicios públicos para agosto de 2024. Esta colaboración se alinea con la creciente adopción de la carga de EV en el hogar, que representa el 80% de toda la carga de EV según el Departamento de Energía de EE. UU.
에너지허브(EnergyHub), 선도적인 그리드 엣지 유연성 제공업체와 월박스(Wallbox)(NYSE:WBX), 글로벌 전기차 충전 및 에너지 관리 회사가 북미 전역의 전기차 관리 충전 유틸리티 프로그램 접근 확대를 위해 파트너십을 맺었습니다. 이 통합을 통해 월박스 전기차 충전기는 유틸리티의 능동적 및 수동적 관리 충전 프로그램에 적합하게 되어, 주거용 충전 솔루션에 대한 증가하는 수요를 충족하게 됩니다.
이번 파트너십은 유틸리티가 전기차 충전 부하를 재조정하고, 배전 자산을 보호하며, 부하 성장을 관리하는 동시에 고객에게 재정적 인센티브를 제공하는 데 도움을 주는 것을 목표로 하고 있습니다. 월박스 장치들은 2024년 8월까지 유틸리티 프로그램에 등록될 것으로 예상됩니다. 이 협업은 미국 에너지부에 따르면 가정용 전기차 충전이 전체 전기차 충전의 80%를 차지하는 점을 반영하고 있습니다.
EnergyHub, un fournisseur leader de flexibilité au bord du réseau, et Wallbox (NYSE:WBX), une entreprise mondiale de recharge de véhicules électriques (EV) et de gestion de l'énergie, se sont associés pour étendre l'accès aux programmes de services publics pour la recharge gérée des EV à travers l'Amérique du Nord. Cette intégration rendra les chargeurs EV de Wallbox éligibles aux programmes de recharge gérée actifs et passifs des services publics, répondant ainsi à la demande croissante de solutions de recharge résidentielle.
Le partenariat vise à aider les services publics à remodeler la charge de recharge des EV, à protéger les actifs de distribution et à gérer la croissance de la charge tout en offrant aux clients des incitations financières. Les dispositifs Wallbox devraient être intégrés aux programmes de services publics d'ici août 2024. Cette collaboration s'inscrit dans le cadre de l'adoption croissante de la recharge des EV à domicile, qui représente 80 % de toute la recharge des EV selon le ministère de l'Énergie des États-Unis.
EnergyHub, ein führender Anbieter von Flexibilität am Netzrand, und Wallbox (NYSE:WBX), ein globales Unternehmen für EV-Ladung und Energiemanagement, haben sich zusammengetan, um den Zugang zu Dienstprogrammen für gemanagtes Laden von EVs in Nordamerika zu erweitern. Diese Integration wird dazu führen, dass Wallbox EV-Ladegeräte für aktive und passive gemanagte Ladeprogramme der Energieversorger in Frage kommen, was der wachsenden Nachfrage nach Lösungen für das Laden zu Hause Rechnung trägt.
Das Ziel der Partnerschaft besteht darin, den Versorgungsunternehmen zu helfen, die Ladebelastung von EVs umzugestalten, Verteilungsanlagen zu schützen und das Lastwachstum zu steuern, während gleichzeitig den Kunden finanzielle Anreize angeboten werden. Wallbox-Geräte sollen bis August 2024 in die Dienstprogramme aufgenommen werden. Diese Zusammenarbeit steht im Einklang mit der zunehmenden Akzeptanz von privaten EV-Ladeeinrichtungen, die laut dem US-Energieministerium 80 % aller EV-Ladungen ausmachen.
- Partnership expands access to utility programs for EV managed charging
- Integration allows Wallbox customers to participate in utility incentive programs
- Collaboration addresses growing demand for residential EV charging solutions
- Potential for customers to reduce upfront and ongoing costs of EV charger ownership
- None.
Insights
The partnership between EnergyHub and Wallbox holds significant implications for both the electric vehicle (EV) and energy management sectors. This collaboration underscores the increasing need for integrated solutions to manage the growing EV charging demand. By enrolling Wallbox devices in utility programs, the partnership leverages financial incentives to encourage the adoption of EV chargers, which can be a substantial market driver.
From a market perspective, this move can boost Wallbox's market penetration in North America, potentially increasing its sales and reinforcing its presence in the region. The integration with EnergyHub's platform enables Wallbox to offer added value to EV owners through managed charging programs, which can lead to increased customer satisfaction and loyalty.
Moreover, the collaboration positions both companies as pivotal players in the energy management ecosystem, helping utilities manage load growth and distribution assets efficiently. For investors, this partnership signals strong growth prospects for Wallbox, particularly in markets where utility-managed charging programs are gaining traction.
From a financial standpoint, this partnership could be highly beneficial for Wallbox. By integrating with EnergyHub's platform, Wallbox stands to gain significant financial advantages through increased participation in utility programs. These programs often come with financial incentives and rebates, which could lower the upfront and ongoing costs of EV charger ownership for end users. This, in turn, could accelerate Wallbox's sales and revenue growth in North America.
Additionally, the partnership could enhance Wallbox's recurring revenue model by increasing the uptake of its Level 2 home chargers. Investors should note the potential for revenue diversification and increased market share in a rapidly expanding EV market. The alignment with EnergyHub's extensive utility network also offers Wallbox a strategic advantage, potentially leading to more stable and predictable revenue streams.
Technologically, the integration between Wallbox's EV chargers and EnergyHub's grid-edge flexibility platform represents a meaningful advancement in smart energy management. This synergy enables more efficient and optimized EV charging, benefiting both utilities and end users. The managed charging programs facilitated by this integration can help utilities balance load demands more effectively, reducing the strain on the grid and enhancing overall reliability.
For Wallbox customers, this means access to smarter charging solutions that can adapt to grid conditions, potentially lowering their energy costs and promoting more sustainable energy consumption. This technological innovation also aligns with broader trends in the energy sector towards greater interconnectivity and smart grid solutions, positioning both companies as leaders in this space.
Integration makes it easy for EV drivers to access the benefits of utility programs, helping programs scale
Integration of Wallbox EV chargers with EnergyHub’s platform expands the number of devices eligible to participate in utility active and passive managed charging programs.
With more EVs on the road, the demand for residential charging solutions is growing steadily. According to the
“Our partnership with Wallbox is an important milestone in our commitment to provide utilities with access to the industry’s largest ecosystem of device partners,” said Matt Johnson, VP of Business Development at EnergyHub. “The integration will deliver immediate benefits to our utility clients and their customers who want to use Wallbox chargers in managed charging programs and help pave the way for a more reliable, increasingly decarbonized energy system.”
“We are excited to announce our partnership with EnergyHub to allow customers in the
EnergyHub and Wallbox expect to enroll Wallbox devices in utility programs in August this year. By combining utility rebates and program participation incentives, Wallbox customers can significantly reduce the upfront and ongoing costs of EV charger ownership. According to EnergyHub, four out of five customers participating in utility programs reported buying their level 2 EV charger specifically to enroll in a program.
EnergyHub is an independent subsidiary of Alarm.com (NASDAQ: ALRM), the leading platform for the intelligently connected property.
About EnergyHub
EnergyHub is a leading Edge DERMS provider. Utilities rely on EnergyHub’s DERMS platform to manage all distributed energy resources to serve grid and market objectives. EnergyHub works with over 70 utilities in
About Wallbox
Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network. Wallbox goes beyond charging electric vehicles to give users the power to control their consumption, save money and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public, and public use in more than 115 countries around the world. Founded in 2015 in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240723119276/en/
EnergyHub
Anne Steinberg
Kitchen Public Relations
anne@kitchenpr.com
917-817-4850
Wallbox
Elyce Behrsin
Head of Public Relations, Wallbox
press@wallbox.com
Source: EnergyHub
FAQ
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