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05 November 2010

ENDESA designs electric vehicle charging point in collaboration with IREC which will also provide energy to the network

Endesa ENDESA designs electric vehicle charging point in collaboration with IREC which will also provide energy to the network

Barcelona November, 5th
.- Endesa today officially presented the V2M project, aimed at designing a speedy two-way charging point that enables electric vehicles to pull in power from the network and also feed it directly into the electricity system.

V2M (Vehicle to Microgrid, an intelligent system for integrating electric vehicles in distributed generation electricity networks) is an initiative that also aims to assess the impact that the mass implementation of electric cars will have on electricity infrastructures so supply may be guaranteed. The project will involve studying new charging procedures to maximize the use of renewable energies.
The project presentation took place at the Endesa headquarters in Catalonia, located in Barcelona, and was attended by the head of Endesa in Catalonia, Josep M. Rovira, and the organisations that are rolling out the V2M: the vice-chancellor of infrastructures at the Polytechnic University of Catalonia (UPC), Josep Bosch, and the general manager of the Catalonia Institute for Energy Research (IREC), Antonio Martínez.
Novare Award for “Sustainable Energy Environments”
The project in question took home Endesa’s 3rd Novare “Sustainable Energy Environments” Award, celebrated in March.
The Novare Awards are aimed at working groups within the international scientific community with a Euro 2 million prize (Euro 500,000 for each of the four successful proposals) to be used to finance the development of the winning projects, with ENDESA retaining the industrial property rights for at least the share of project it has financed.
The Awards are the only one of their kind in Spain designed to sponsor R&D+i in the field of sustainability, energy efficiency and the fight against climate change. They aim to promote the development of projects that foster entrepreneurial spirit and technological innovation to help deliver on society’s energy and environmental requirements.
The Company understands the need to promote the spirit of innovation in all matters related to the value chain in the energy industry if we want to successfully meet the major environmental challenges facing the world economy.