Stem, ENGIE North America partner to integrate storage management and EV charging platform

Dive brief:

  • Stem, the artificial intelligence-backed energy storage company, enter into a co-marketing agreement with ENGIE North America to apply Stem’s storage management software to ENGIE’s eMobility platform, the companies said on Wednesday.
  • Through this partnership, customers will be able to use Stem’s Athena software platform as an all-in-one tool to manage renewable energy production, energy storage and electric vehicle (EV) charging. Tad Glauthier, vice president of market development for Stem, said the software will help customers maximize their energy resources and balance various incentives and subsidies for electric vehicles.
  • Separately, Korea Zinc subsidiary Sun Metals announced on Wednesday that it use Energy Vault storage and energy software to manage its renewable energy supply and optimize its refining infrastructure as part of a partnership with the Swiss storage company. As part of the deal, Energy Vault can also reuse Sun Metals tailings and other waste for its gravity storage technology.

Dive overview:

Glauthier said that Stem’s partnership with ENGIE reflects the growing interest of commercial and industrial customers to not only install solar production and energy storage, but also integrate electric vehicle fleet charging. In December, Stem acquisition of the AlsoEnergy solar management platform to strengthen its solar activities, and now, with the ENGIE partnership, is adding EV charging to the mix. Customers ranging from college campuses to building managers, Glauthier said, are increasingly planning a variety of electrification or storage features, which may compete for electricity or not maximize opportunities. most profitable electricity market arbitrage if not managed properly. .

“By putting multiple systems behind the same meter… you can end up with systems that are in control loops where they chase each other,” Glauthier said. “Invariably this will create inefficiencies at best and a system that stops working at worst. Basically, a customer wants to have a single point of control for the flow of energy and all the assets behind the meter.”

This is the storage company’s latest venture into electric vehicle charging. In April 2021, the company partnered with truck rental company Penske on its electric truck charging efforts, including the installation of a 350 kW / 800 kWh battery system at the Penske Charging Center in Ontario, California.

A Guidehouse Insights 2021 analysis predicts that more than 170 million electric vehicle charging points will be deployed by 2030, including 4.4 million at fleet properties. A separate Guidehouse Insights Report found that nearly 10% of commercial properties are expected to add fleet charging infrastructure over the next decade, which would require upgrades to building energy management systems. This presents an opportunity to use vehicles as independent storage assets when connected to the network, but also creates a need for storage to recharge vehicles and reduce the overall impact on the network.

In addition, the agreement between Energy Vault and Australia-based Sun Metals will help strengthen the refinery’s goal of moving to 80% renewable energy by 2030 and 100% renewable energy by 2030. 2040. The company is currently the second largest consumer of electricity in Queensland, Australia. . The partnership, which is expected to begin project deployment in mid-2022, not only represents a business use case for Energy Vault’s storage technology and renewable energy management, but could also enable the company storage facility to take advantage of waste for its composite blocks. , which stores energy by gravity.

As the energy storage market is set to explode in the coming years as part of the grid’s transition to renewables, Glauthier said that Stem and other storage managers have a bigger role. wide to play to help various players reduce their carbon footprint.

“Stem sees itself as a provider of not only energy storage, but also energy management services that cover all the energy assets that exist behind the meter, out of sight,” he said. declared. “Athena was historically designed to work on the utility bill… but we have more to do with electric vehicle charging. “

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