Electronics and Semiconductors

Energy storage system to be paired with EV charging network

09 March 2023

EverCharge and PassKey, both subsidiaries of South Korean conglomerate SK Group, are collaborating on a battery energy storage system (BESS) for use in EverCharge’s electric vehicle (EV) charging stations.

The BESS would be used to consolidate power during off-peak hours and deployed via EV charging stations during periods of high demand or in case of power outages. The combination of EV charging with battery storage will help to mitigate demand peaks, lower operating costs and enhance energy resiliency, the companies said.

EverCharge’s EV charging stations are American-made and feature load balancing software called SmartPower for large-scale EV charging and controller electric loads. Additionally, the software analyzes the charging patterns of EVs and intelligently allocates power based on individual vehicle’s needs.

PassKey said it intends to integrate new business models and technologies for EV charging, energy storage, artificial intelligence and renewables. PassKey owns energy storage assets in multiple locations for a variety of applications ranging from peak shaving and demand response to EV charging.

The move to include BESS at its EV charging stations comes after EverCharge collaborated with Avis Budget Group to deploy what it claimed was the first large-scale EV charging stations at an airport. The stations will power Avis and Budget’s fleet of EVs and plug-in hybrid EVs that are available to rent at George Bush International Airport in Houston, Texas.

To contact the author of this article, email GlobalSpecEditors@globalspec.com

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