Presentor: Jussi Palola, CEO of Virta SWISSCHARGE SEMINAR 1/2018

Transcription

1 Presentor: Jussi Palola, CEO of Virta SWISSCHARGE SEMINAR 1/2018 Pg 1

2 SHORT INTRODUCTION Virta Multi-sided Platform EV charging services for the whole value chain Private Electric Charging EV Drivers Mobility Providers Point Operators Commercial Public Energy Systems Pg

3 We re a top European player Used in 15 countries and over 110 cities around Europe. Virta platform is central platform used in 4 countries Pg 3

4 AGENDA SHARE OUR OBSERVATIONS OUR CALLS TO THESE INSPIRE YOUR ONGOING PROCESS TO ACT Pg

5 Global outlook - China is taking the lead - Pg 5

6 Evolution of the global EV stock World EV stock (x 1 000) Source: IEA EVI Global Outlook 2017 and EV-Volume for year 2017 stats China US Japan Norway Others All

7 Performance indicators China has outperformed in supply and in demand as well. Source: McKinsey&Company Pg 7

8 In 2017, the global sales of electric cars surpassed 1 million Global EV sales China Europe US Source: CleanTechnica 2018 Sales statistics from automanufacturers Pg 8

9 China 1200 Annual EV sales in China (000s) 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 Fcst Passenger cars Commercial vehicles Source: EV volumes The EV World Sales Database Pg 9

10 China Top 5 most sold electric cars in China In 2017, EV s were sold, covering 2.1 % market share of the entire Chinese car market Vehicles sold 2017 BAIC EC-Series Zhidou D2 EV BYD Song PHEV Chery eq JAC iev6s/e Pg 10

11 Tectonic plates of energy world are starting to move Pg 11

12 Energy evolution directions Strategy Key metric Energy efficiency Energy intensity of GDP (GJ/$2005) Decarbonization of electricity production Electricity emissions intensity (gco2/kwh) Electrification of energy consumption % 25 % 50 % 75 % Share of electricity and electric fuels in total final energy (%) Source: Professor Jeffrey Sachs, Getting to Deep Decarbonization, Climate Action 2016 Summit Pg

13 World CO2 emissions from fuel combustion by sector (%) Residential 6 % Services 3 % Other 7 % 6% 7% 65 % of world CO 2 emission is related to energy and transport sector Industry 19 % 19% 42% Electricity and heat 42 % EV s is effecting both segments reducing emissions significantly. 23% Transport 23 % SOURCE: IEA - CO2 emissions from fuel combustion highlights (2016 edition) Pg

14 EV s are big batteries on wheels TWh Installed battery storage capacity in the IEA B2DS scenario The vast majority of future energy storage capacity will have four wheels Other sectors EV batteries The Electric Vehicle Charging Company Source: IEA Electricity well below 2 degrees: from challenges to opportunities Pg 14

15 The whole industry is in turmoil Traditional vehicle Electric vehicle Vehicles The split between OPEX and CAPEX of a vehicle will change drastically. 20 % VEHICLE 80 % GASOLINE 80 % VEHICLE 50 % VEHICLE 20 % ENERGY 50 % DIGITAL SERVICES (INCL ENERGY) Pg 15

16 Automotive and energy industries will converge Automotive Industry Transition to Automation, Servitization, Electrification Power Industry Transition to Distributed, Integrated, Renewable Future sustainable transport Mobility and energy as an embedded ecosystem Two disrupting industries reinforcing each other Pg 16

17 Virta Service Portfolio Support and protect the energy system with EV s Pg

18 Dynamic Load Management Bidirectional charging Energy Service Portfolio Virta Home - optimized charging Frequency containment reserves Energy Storages The Electric Vehicle Charging Company Pg 18

19 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 Pg 19

20 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 Pg 20

21 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 Pg 21

22 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 Pg 22

23 Energy storages Q3/2017 Q4/2018 Integrating stationary storages to Virta s platform Enabling the plug-and-play installation of small stationary storages to buildings and bringing the aggregated storage resources to the electricity markets as reserves Pg 23

24 Evolution in EV Market - Adoption Realities for diffent markets Pg 24

25 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

26 Distributed Reality of different markets Examples from Europe Tops: Norway 8 % Switzerland 0,3 % Finland 0,25 % Pg 26

27 Europe 40 BEV PHEV Top 6 EV market share countries in 2017 in Europe (%) 25 Variation from: 2,5 % - 39 % Norway Iceland Sweden Belgium Finland Switzerland The Electric Vehicle Charging Company Source: European Alternative Fuels Observatory EAFO Pg 27

28 Our target Target is to find the best partners in leading markets and grow in cooperation with high multipliers /2017 Pg 28

29 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. Pg 29

30 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 Pg 30

31 We charge.

32 Additional information Pg 32

33 Plug & Charge Q1/2018 Q3/2018 Following ISO15118 standard for vehicle to grid communication interface Enables identifying by wire Technical pilot with a limited scope Pg 33

34 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 Pg 34

35 Reasons for not purchasing an electric car Comprehensive charging infrastructure is key for EV adoption. Nothing Resale / residual value Safety Don't know Limited choice Performance, practicality, looks Technology not proven Lack of knowledge Cost Distance travelled on charge Availability of chargers 0% 10% 20% 30% 40% 50% Source: UK Department for Transport (2016), N=649 license holders. Multiple selections possible. Pg 35

36 Demand for charging grows on par with EV s All EV s require public and private charging. Public chargers (millions) IEA B2DS IEA 2DS Paris Decleration Source: IEA Global EV Outlook 2017 Pg 36