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Energy provider Enercity initiates variable pricing for electric vehicle charging stations

Electric vehicle charging prices in Germany become dynamic for the first time, through a partnership between Enercity and technology company EV-Pay.

Enercity implements variable pricing for electric vehicle charging stations
Enercity implements variable pricing for electric vehicle charging stations

Energy provider Enercity initiates variable pricing for electric vehicle charging stations

Enercity, in partnership with EV-Pay, is set to revolutionise the electric vehicle (EV) charging landscape in Germany. The companies are introducing dynamic electricity prices for ad-hoc charging of electric vehicles, making Hannover the first city in the country to adopt such a system.

The pilot project, launching at twelve public fast-charging stations with 24 charging points at the Cityring in Hannover, aims to evaluate the acceptance and effect of the dynamic pricing model on charging behaviour.

Prices at these charging stations will range from 37 to a maximum of 67 cents per kilowatt-hour (kWh). The dynamic prices are set daily by 13:30 PM for the following day, providing customers with ample time to plan their charging sessions.

The current price per kWh is displayed both online on the Enercity website and directly at the charging station, ensuring transparency for customers. This cost-effective upper price limit at charging stations provides security for customers, while also using surplus renewable energy efficiently.

The project connects the energy transition with the mobility transition and creates a strong incentive for e-mobility users based on the feed-in of renewable energies. By smoothing load profiles and relieving the power system, the dynamic pricing model at charging stations is intended to pave the way for more price transparency, easier charging, and stronger integration of renewable energies.

Dynamic prices at charging stations are designed to motivate electric vehicle drivers to shift their charging processes to times when prices are favourable. This initiative also aims to influence the charging behaviour of electric vehicle drivers, contributing to a more balanced power system.

In addition, the new offering allows customers to begin charging immediately by holding their debit or credit card, Apple Pay, or Google Pay against the terminal.

Based on the findings from the pilot project, Enercity plans to gradually expand dynamic charging to more charging points. The insights gained from the project will flow into the further development of Enercity's pricing models in the easyGo app.

This innovative project complements Enercity's existing product portfolio in the field of e-mobility, further solidifying its commitment to a sustainable future. The collaboration between Enercity and EV-Pay incorporates dynamic, hour-specific Day-Ahead prices from the spot market into the charging price, a first in compliance with metering law.

In conclusion, the introduction of dynamic electricity prices for EV charging in Hannover marks a significant step towards a more sustainable and efficient energy system. The project is expected to have a positive impact on the adoption of e-mobility and the integration of renewable energies, ultimately contributing to a greener future.

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