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Rhythmos.io’s grid-edge EV charging optimization could significantly reduce utility costs and infrastructure upgrade needs, according to a recent study. Conducted with consulting firm Energy and Environmental Economics (E3), the study highlights that optimized managed charging can reduce distribution transformer upgrade costs by up to 60% compared to unmanaged charging. For an average utility serving 250,000 customers, this could mean savings of $7.3 million in avoided and deferred transformer upgrades.
Key Highlights:
- Optimized EV charging could cut transformer upgrade costs by 60% in high-demand areas.
- Passively managed charging reduces utility costs by around 30%, while systemwide optimization can lower costs by an additional 30%.
- Nationwide, utilities could save between $7-9 billion on transformer upgrades by 2030 through grid-edge optimized charging.
- The Cadency EdgeAI platform dynamically manages EV charging based on real-time grid-edge capacity, preventing failures and deferring costly infrastructure upgrades.
- Rhythmos.io’s solution enables utilities to accommodate twice as much EV adoption compared to unmanaged charging without extra system costs.
The study underscores the importance of proactive grid management amid rising EV adoption, which could otherwise strain local grids and lead to expensive infrastructure investments. Eric Cutter, Partner at E3, noted, “Our research highlights how solutions like Rhythmos.io’s Cadency EdgeAI can optimize charging at critical grid points to reduce distribution upgrade costs and maintain reliability and affordability.”
Rhythmos.io’s platform helps utilities identify and manage new energy loads and distributed energy resources (DERs) at the grid edge, optimizing charging patterns to reduce costs and improve grid stability. This targeted approach offers deeper insights compared to passive methods like time-of-use (TOU) rates and enhances reliability without overburdening infrastructure.
Ken Munson, CEO of Rhythmos.io, emphasized, “Our optimized managed charging solution helps utilities reduce costs and defer infrastructure upgrades, saving billions of dollars nationwide while supporting electrification goals.”
For more details and to access the complete study, visit rhythmos.io.
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