Skip to main content
All CollectionsVirtual Power Plant (VPP)
How does the Virtual Power Plant differ from previous smart charging?
How does the Virtual Power Plant differ from previous smart charging?
Laura avatar
Written by Laura
Updated over 7 months ago

Essentially, our "Smart Charging" service operates similarly to optimized charging with a Virtual Power Plant, as both services calculate the most economical charging times.

However, while "Smart Charging" calculates optimal charging times based on the previous day's prices (day-ahead market) of the dynamic tariff, the Virtual Power Plant continuously re-optimizes optimal charging times in intraday trading based on intraday prices, by pooling EV batteries.

This further reduces the price of charging, as prices in intraday trading can differ significantly from the previous day's prices. For instance, if the wind doesn't blow as strongly at midnight as forecasted, but instead picks up in the morning hours, morning prices could be much cheaper than anticipated.

Compared to optimized charging with "Smart Charging," you can additionally save up to 30% of your charging costs per charging session. Compared to non-optimized charging, you can save up to 60% of your charging costs. On days when electricity prices fluctuate significantly in intraday trading, the cost savings can be even higher.

Did this answer your question?