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Demand Response Provider Acquires "e-mobility" Company (EV Charging, Storage Aggregation)

October 26, 2017

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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

Enel S.p.A., through its US subsidiary EnerNOC, announced the acquisition of California-based eMotorWerks, a supplier of electric vehicle (EV) charging stations, called JuiceBox, and owner and operator of JuiceNet, an Internet of Things (IoT) platform for the smart management of EV charging and other distributed energy storage facilities.

"Through the JuiceNet platform, these facilities can be remotely controlled and aggregated for grid balancing purposes relying on unidirectional and bidirectional (vehicle-to-grid, V2G) electricity flows," Enel said

"The acquisition of eMotorWerks marks Enel's entrance into the US electric mobility market, one of the largest EV markets at global level," Enel said

"eMotorWerks’ JuiceNet platform can aggregate distributed storage facilities, including but not limited to electric vehicle batteries, to provide grid balancing and energy management services. Enel is also planning to use the JuiceNet platform’s functions to provide electric mobility solutions for end users," Enel said

"This acquisition enriches our e-mobility offering and integrates a highly sophisticated smart EV charging solution within our portfolio of grid flexibility services, which includes the world's largest demand response network, distributed energy management systems and battery storage solutions," said Francesco Venturini, Head of Enel's Global e-Solutions division

"This acquisition further substantiates the implementation of Enel's strategy to deliver, innovative customer-focused products and services to the market, such as smart charging, integration between electric vehicles and distributed generation resources, as well as grid balancing and V2G services. Enel is planning to use JuiceNet platform's functions in all of its EV charging stations globally," Enel said

"With eMotorWerks' JuiceNet platform, users can remotely schedule and control the 'greenest' and most cost-effective times to charge their EVs. For example, JuiceNet allows users to schedule EV charging when electricity from domestic solar rooftop systems is most abundant. Furthermore, through JuiceNet, EVs, V2G charging stations and other storage facilities can also be used to respond to network signals, aggregating charging and discharging activities in order to balance electricity flows in the grid when needed. These balancing services can provide additional revenue streams for EV owners, potentially lowering the total cost of ownership of these vehicles," Enel said

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