Car manufacturers around the world are investing heavily in electric vehicles as the world begins to push for greener transportation. For example, while less than 1% of cars run on electricity in the United States today, a number of automakers are focusing on changing this by stopping the sale of gasoline-powered cars.
At the end of January 2021, GM said it would stop selling gasoline-powered cars and trucks by 2035. In addition, automakers such as Tesla, Ford, Volkswagen and even Porsche have announced plans to release new electric models in the coming years. Meanwhile, President Joe Biden recently announced a US government decree to replace its fleet of approximately 650,000 vehicles with electric models.
The desire to stay away from gasoline-powered vehicles is obvious, but the goal is easier said than done. Despite the potential for clean energy, there is a great deal of disagreement between EV solutions and today’s global energy systems. For example, the increase in the number of electric vehicles will definitely lead to the need for additional charging stations and careful planning of tools to meet the requirements of electric vehicles. Thus, a common digital coordinate system is needed to integrate electric vehicles into global energy markets.
Blockchain network for the integration of electric vehicles
To demonstrate this, Energy Web, a non-profit organization dedicated to the open source energy transition, announced a partnership with Volkswagen Group for Innovation, a research arm of Volkswagen, to explore ways to use open source software to integrate electric vehicles. and charging stations. In global electrical grids.
Jesse Morris, Chief Commercial Officer of Energy Web, told Cointelegraph that the company’s vision is to ensure the digitalization of Volkswagen EVs or charging stations and participate in any energy market:
“We’re talking about creating an environment in which drivers, fleet owners and charging station operators can be encouraged (or not) to charge (or not) to charge them at specific times of the day according to network conditions.”
For example, Morris said that if local traffic is congested at certain times of the day, Volkswagen drivers can be paid for either legal reasons or free coding during that period. He also noted that if there is a surplus of renewable energy in the market and energy suppliers want to pay for electric vehicles to absorb energy, then this can also be done. For these transactions, assets such as Volkswagen electric vehicles and charging stations need the means to seamlessly connect to the network operator’s systems. This is where our partnership comes in, ”Morris said.
Energy Web’s partnership with Volkswagen Group Innovation will develop and test open source software that will enable it to enter the electric vehicle market. The pilot project will test the open source Energy Web technology suite with the Volkswagen IT suite to determine the most efficient way to integrate all Volkswagen assets.
Once the integration is complete, it will be much easier to integrate Volkswagen’s assets into global energy markets, Morris said. The pilot will also link current electric vehicle charging standards to the Energy Webs Technologies stack, including the ISO 15118 plug-and-play standard, with PKI from Electrify America, one of the largest electric vehicle charging networks in the world.
Regarding the role of blockchain, Morris explained that digital identity is at the core of this entire integration. In this way, Energy Web creates identity for assets such as electric vehicles, charging infrastructure, solar panels, customers, companies, network operators and other players in the energy market. Morris said:
These IDs can be considered passports with different authorizations. For example, a Californian electric car will not be able to participate in the German energy market, as the whole thing will be tracked using credentials. Once the identities are established, it becomes very easy for them to integrate into a number of different energy markets, each with their own local rules and regulations. ”
After the assignment of asset identifiers, these “digital passports” are installed on the blockchain network. Morris mentioned that in most cases this is the Energy Web series where all the credentials associated with these individuals can be verified. Morris explained that other business functions, such as sending messages from electric vehicles to network operators, would be done off-grid using a different technology. “This is how the Energy Web Stack works,” he said.