presentor: jussi palola, ceo of virta s 1/2018 · the bev share is high in international...

Pg № 15.3.2018The Electric Vehicle Charging Company 1

Presentor:Jussi Palola, CEO of VirtaSWISSCHARGE SEMINAR 1/2018

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SHORT INTRODUCTION

Private

Commercial

Public

Energy Systems

Virta Multi-sided Platform EV charging services for the whole value chain

Electric

Mobility

Providers

Charging

Point

OperatorsEV Drivers

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We’re a top European player

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Used in 15 countries and over 110 cities around Europe.

Virta platform is central platform used in 4 countries

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1.

SHARE OUR OBSERVATIONS

3.

INSPIRE YOUR ONGOING

PROCESS TO ACT

2.

OUR CALLS TO THESE

AGENDA

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Global outlook- China is taking the lead -

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Evolution of the global EV stock 2010-2017

0

500

1 000

1 500

2 000

2 500

3 000

2010 2011 2012 2013 2014 2015 2016 2017

World EV stock (x 1 000)

China US Japan Norway Others AllSource: IEA EVI Global Outlook 2017 and EV-Volume for year 2017 stats

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Performance indicators

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China has outperformed in supply and in demand as well.

Source: McKinsey&Company

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In 2017,the global salesof electric carssurpassed1 million


0

50 000

100 000

150 000

200 000

250 000

300 000

350 000

400 000

450 000

500 000

China Europe US

Global EV sales

2015 2016 2017 Source: CleanTechnica 2018 – Sales statistics from automanufacturers

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The trend is towards pure electric.

In 2017, 81 % of sales were BEVs. The BEV share is high in international comparison.

Europe and USA typically have around 50 % BEVs in their plug-in sales due to the bigger cars sold here.

China

0

200

400

600

800

1000

1200

2014 2015 2016 2017 2018 Fcst

Annual EV sales in China (000s)

Passenger cars Commercial vehicles

Source: EV volumes – The EV World Sales Database

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China


In 2017, 600 000 EV’s were sold, covering 2.1 % market share of theentire Chinese carmarket.

0

10 000

20 000

30 000

40 000

50 000

60 000

70 000

80 000

90 000

Vehicles sold 2017

Top 5 most sold electric cars in China 2017

BAIC EC-Series Zhidou D2 EV BYD Song PHEV Chery eQ JAC iEV6S/E

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“ Tectonic plates ” of energy world are starting to move


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Energy evolution directions

Energy efficiency

Decarbonization of electricity production

Electrification of energy consumption

Strategy Key metric

0.0 5.0 10.0Energy intensity of GDP (GJ/$2005)

2014

2050

0 200 400 600Electricity emissions intensity

(gCO2/kWh)

2014

2050

0 % 25 % 50 % 75 %Share of electricity and electric fuels in

total final energy (%)

2014

2050

Source: Professor Jeffrey Sachs, Getting to Deep Decarbonization, Climate Action 2016 Summit

Pg № SOURCE: IEA - CO2 emissions from fuel combustion highlights (2016 edition)

65 % of world CO2emission is related to energy and transport sector

EV´s is effecting both segments reducing emissions significantly.

Electricity and heat42 %

Transport23 %

Industry19 %

Residential6 %

Services3 %

Other7 %

World CO2 emissions from fuel combustion by sector (%)

42%19%

23%

6% 7%

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EV’s are big batteries on wheels

0

10

20

30

40

50

60

2015 2030 2045 2060

TWh

Other sectors EV batteries


The vast majority of future energy storage capacity will have four wheels.

Source: IEA Electricity well below 2 degrees: from challenges to opportunities 2017

Installed battery storage capacity in the IEA B2DS scenario

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The whole industry is in turmoil


The split between OPEX and CAPEX of a vehicle will change drastically.

20 %

20 %

80 %

VEHICLE

GASOLINE

Traditional vehicle

Electric vehicle

80 %VEHICLE

ENERGY

50 %

DIGITALSERVICES

(INCL ENERGY)

VEHICLE

“Vehicles”

50 %

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Automotive and energy industries will converge


AutomotiveIndustry

Transition to Automation, Servitization, Electrification

Future sustainable transport

Power Industry

Transition to Distributed, Integrated, Renewable

Two disrupting industries reinforcing each other

Mobility and energy as an embedded ecosystem

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Virta Service Portfolio

Support and protect the energy system with EV’s

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Energy Service Portfolio

The Electric Vehicle Charging Company 18

Bidirectional charging

Frequency containment reserves

Virta Home - optimized charging

Dynamic Load Management

Energy Storages

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Virta Home


→The world’s smartest home charging service for consumers

→Charging events are optimized based on Nord Pool Spot electricity prices and individual energy needs

→Optimization can also be overridden by selecting hours manually

→The service works as consumer-driven demand response with effective incentives

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Dynamic load management

→ Dynamic load management ensures that the maximum available charging power of a building or a local grid area is not exceeded

→ Charging stations are grouped together through the cloud, no physical connection required

→ Available charging loads (excl. other loads, e.g. home appliances) are dynamically distributed to cars that are charging in the same charging station group

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Bidirectional charging

→ The new vehicle-to-grid (V2G) standards allow us to use EV’s as distributed battery energy storages

→ In practice we connect V2G compatible charging devices and control their bidirectional charging events

→ EV’s can be used side-by-side with stationary energy storages and renewable energy production


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Frequency containment reserves→ Virta’s system enables aggregators to use

EV’s as reserves for demand response

→ Charging events can be automatically controlled with the frequency of the electrical grid

→ When the grid overloads and the frequency drops, EV charging powers are brought down

→ The need to adjust typically occurs a few times a day and lasts max. 1 min, so it has no practical effect on the charging experience


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Energy storages

→Integrating stationarystorages to Virta’s platform

→Enabling the plug-and-play installation of smallstationary storages to buildings and bringing theaggregated storageresources to the electricitymarkets as reserves


Q3/2017 – Q4/2018

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Evolution in EV Market


- Adoption Realities for diffent markets

0

200 000

400 000

600 000

800 000

1 000 000

1 200 000

2012 2013 2014 2015 2016 2017

Global sales of EV’s and Plug-in Hybrids

EV's and Plug-in Hybrids Pure Evs

Source: IEA EVI Global Outlook 2017 and EV-Volume for year 2017 stats

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Distributed Reality of different markets


Examples from Europe Tops:

Norway – 8 %

Switzerland – 0,3 %

Finland – 0,25 %

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Europe


0

5

10

15

20

25

30

35

40

Norway Iceland Sweden Belgium Finland Switzerland

BEV PHEV

Source: European Alternative Fuels Observatory EAFO

Top 6 EV market sharecountries in 2017 in Europe (%)

Variation from: 2,5 % - 39 %

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Our target


Target is to find thebest partners in leading markets and grow in cooperationwith high multipliers

2015 2016 2017 12/2017

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Mission→ We do our part in solving the climate change

through bringing electric mobility to the people’s daily life and to the energy system.

Vision: Leading platform in Europe→ Virta is the leading platform where different

companies can offer state-of-the-art “easy to buy, easy to sell” everyday services to people and businesses.


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Mission→ We do our part in solving the climate change

through bringing electric mobility to the people’s daily life and to the energy system.

Vision: Leading platform in Europe→ Virta is the leading platform where different

companies can offer state-of-the-art “easy to buy, easy to sell” everyday services to people and businesses.

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We charge.

[email protected]

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Additional information


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Plug & Charge


Q1/2018 – Q3/2018

→ Following ISO15118 standard for vehicle to grid communicationinterface

→Enables identifying bywire

→Technical pilot with a limited scope

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Protect your grid

→ Our management system protects your grid on all levels by keeping charging power in check

Support renewables

→ We balance the variation caused by renewables with EV’s – and even store energy for when the sun doesn’t shine

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Reasons for not purchasing an electric car

0% 10% 20% 30% 40% 50%

Availability of chargers

Distance travelled on charge

Cost

Lack of knowledge

Technology not proven

Performance, practicality, looks

Limited choice

Don't know

Safety

Resale / residual value

Nothing


Comprehensive charging infrastructure is key for EV adoption.

Source: UK Department for Transport (2016), N=649 license holders. Multiple selections possible.

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Demand for charging grows on par with EV’s


All EV’s require public and private charging.

0

2

4

6

8

10

12

14

16

2010 2015 2020 2025

Public chargers (millions)

IEA B2DS IEA 2DS Paris Decleration

Source: IEA Global EV Outlook 2017

presentor: jussi palola, ceo of virta s 1/2018 · the bev share is high in international...

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