Tokyo, October 19, 2017
MITSUBISHI MOTORS IMPLEMENT FIRST 'VEHICLE TO GRID' PILOT ON DUTCH MARKET WITH MITSUBISHI OUTLANDER PHEV
Tokyo, October 19, 2017 –Mitsubishi Motors Corporation (MMC) announces the implementation of a 'Vehicle-to-Grid' (V2G) pilot, with the first charge point* already being utilized with Mitsubishi Outlander PHEV's in-vehicle storage batteries. Using V2G-technology, peak demand on the electricity grid can be better balanced, by allowing electric vehicles to not just take power from the grid, but also return it to the network and expect to introduce a new potential earnings model for electric drivers. MMC joins forces with NewMotion, one of Europe's largest providers of smart charging solutions for electric driving, grid operator TenneT in Netherlands, and Nuvve a worldwide leader in V2G technology and grid service deployments.
In this demonstration, MMC will provide services for capacity reserve and balancing services** by utilizing charging infrastructure of NewMotion and Mitsubishi Outlander PHEV parked at home or at work-place in the city of Amsterdam linked to Nuvve's Grid Integrated Vehicle platform (GIVe). There are more than 25 thousands of Mitsubishi Outlander PHEVs available in the Netherlands.
In Europe, the Paris Agreement adopted in 2015 has resulted in the acceleration of initiatives to facilitate a low-carbon society, including the aggressive promotion of environmentally-friendly policies aimed at achieving renewable targets. As solar, wind and other renewable sources, which are intermittent, replace fossil fuels as a source of energy and enter mainstream power grids, stabilizing the power supply also poses a challenge.
Besides, both UK and France governments have plans to prohibit the sale of fossil fuel vehicles from 2040, and the flow of electricity is accelerating. Hence, a new mechanism to reduce the burden on charging electricity infrastructure is required.
MMC will verify the technology of V2G through this demonstration and aim to create new value and business opportunities utilizing electric cars / vehicle storage batteries.
*Transmission system operators (TSOs) in Europe are required to secure a certain number of capacity reserves in order to prepare for sudden power loss or extensive blackout. Capacity reserves are procured through market transactions. The services offered on the market vary according to degree of urgency and duration of charge / discharge.
**Charge points provided by multinational energy corporation Enel.
<How Vehicle-to-Grid (V2G) charging works will all partners>
<Bi-directional charger and Mitsubishi Outlander PHEV>
1. Mitsubishi Motors Corporation
Head office: 33-8, Shiba 5-chome, Minato-ku, Tokyo, 108-8410, Japan
Key business activities: Mitsubishi Motors Corporation (MMC) is a multinational automotive manufacturer and a pioneer in EVs and PHEVs. i-MiEV was launched the first mass-produced Electric Vehicle with lithium ion batteries in 2009, which was followed with a plug-in hybrid EV-based SUV, OUTLANDER PHEV, in 2013. OUTLANDER PHEV has been the most sold vehicle in PHEV category in Europe and Japan. More than 160 thousands of EVs and PHEVs have been sold since those were launched in 2009. Through V2X, Mitsubishi Motors Corporation adds new value to the vehicles and delivers smiles to customers.
Representative: Carlos Ghosn, Chairman of the Board,
Osamu Masuko, Chief Executive Officer
2. The New Motion B.V.
Head office; Amsterdam, Netherlands
Key business activities: NewMotion is a pioneer in charging electric vehicles. It has a European network of over 50,000 charge points and there are over 100,000 charge cards in circulation. NewMotion not only helps organizations and individuals charge their electric vehicles, but it also offers full-service solutions. In October of 2017, NewMotion was acquired by Shell. Under the terms of the deal, NewMotion will continue business as usual as a wholly owned subsidiary of Shell. Both companies will work together to maximise the synergies and opportunities on offer.
Representative: Sytse Zuidema, Chief Executive Officer
3. TenneT Holding B.V.
Head office: Arnhem, Netherlands
Established: 1998 (Predecessor, Association of Electricity Producing Companies, established in 1949)
Key business activities: TenneT is a transmission system operator in the Netherlands and Germany. Europe's first cross-border high-voltage grid operator.
Representative: Mel Kroon, Chief Executive Officer
4. Nuvve Corp.
Head office: San Diego, California
Established: 2011, based on technology invented by Professor Willett Kempton, the father of V2G.
Key business activities: Nuvve is providing both EV owners and Grid operators with services that help balance the grid and reduce the cost of EV ownership. Nuvve operates V2G projects in USA, Denmark, France, UK and Netherlands.
Representative: Gregory Poilasne, President and CEO