Energy Storage News•21 days ago
ADS-TEC battery-buffered EV fast chargers put into ancillary services market in Austria
Key Takeaway
Integrating battery-buffered EV fast chargers into ancillary services markets creates a replicable model for developers and large power consumers to generate new revenue streams and enhance grid stability.
AI Summary
- •ADS-TEC Energy is integrating battery-buffered EV fast chargers into Austria's ancillary services market, creating new revenue streams beyond just EV charging.
- •This project establishes a replicable model for distributed energy resources (DERs) to provide grid stability and earn revenue from grid services.
- •For developers and large power consumers, this offers a pathway to monetize EV charging infrastructure investments by participating in ancillary services, potentially improving project economics.
- •The success of this initiative could influence regulatory frameworks globally, enabling broader participation of battery-backed EV charging in grid markets.
Topics
capacity-marketinterconnectoempolicystorage