Renault Energy Services launched to invest in smart grid technology ~ station of gear

Dan Smith 2017-10-09 09:50

Groupe Renault's new start-up aims to provide Renault EVs smarter integration with the electric grid to benefit businesses and homes

Renault has today launched a new electric mobility subsidiary called Renault Energy Services.

The aim of the subsidiary is to help the Renault group expand its electric vehicle production by investing in energy and the latest smart grid tech. Renault envisions that the new division will operate like a new start-up, rather than an additional wing to Groupe Renault's current businesses.

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Renault's smart grid strategy encompasses two main sectors. The smart grids sector itself is all about ways in which the electric grids can produce more efficient energy at certain times of day. When Renault electric cars are connected with smart grids, the technology can charge them more economically and with lower carbon emissions.

The electric grids will benefit from more advanced communication with cars car, with the EV’s able to provide the grid with extra electricity during peak charging hours. Renault’s EV’s will also be able to store electricity. This vehicle-to-grid smart integration can help with supplying electric energy storage for office buildings, factories, homes and schools lowering energy costs.

What do you think of Renault's Renault Energy Services venture? Let us know in the comments section...

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