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IBM Teams With ESB To Develop An Electric Vehicle Smart Charging IT System In Ireland

Stocks in this article: IBM

ARMONK, N.Y. and DUBLIN, Oct. 1, 2012 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it has teamed with ESB to implement a fully integrated smarter charging IT system that will help manage electric vehicle public charge-points, which are being rolled out across Ireland by ESB Networks. Together the companies will add a layer of intelligence and convenience to the recharging process, allowing EV drivers to access, charge and pay, using an identification card. Additionally, this project will provide utilities with access to energy usage data that can help improve smart grid operations, reduce power strain during peak charging times, and ensure reliable energy distribution to customers.

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With approximately 1,000 public charging-points currently available, ESB Networks is on track to deliver one of the largest integrated and operational electric vehicle infrastructures in Europe. ESB Networks will use IBM's Intelligent Electric Vehicle Enablement Platform to provide the services needed to operate and manage the charge-points installed throughout Ireland.

This project is bolstered by Ireland's energy policy to increase sustainable energy use in the transportation sector by 2020. Today, the goal is to produce 40 percent of the country's current electricity consumption from renewable energy and have electric vehicles represent every tenth car on Irish roads. Already on the renewable fast track, this integrated EV charging network will allow Ireland to also contribute to the European Union legislation to reduce greenhouse gas pollution levels by approximately nine million tones before 2020.

Minister for Jobs, Enterprise and Innovation, Richard Bruton TD said: "Green energy and cloud computing are key sectors being targeted by the Government as part of our Action Plan for Jobs. This innovative partnership between an Irish energy company and a global IT leader puts Ireland at the forefront of global developments in the electric vehicle sector by using cutting edge cloud technologies, and represents a clear demonstration of what is possible in this area. Ireland will now be the first country globally to put in place this system on a national basis, and I am determined to ensure that through continued implementation of our plan we will see further examples of leadership in these areas."

The platform will connect ESB Networks with the energy retailers and the charge-points, allowing all three to communicate energy usage and financial data directly. This will provide the analytics and intelligence needed to better forecast and balance the load on the power grid as well as help ESB Networks to monitor the health and status of the charge-points to ensure service reliability.

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