EnergyHub, a US provider of distributed energy resource management systems, has acquired Bridge to Renewables (BTR) to help accelerate the growth of utility EV programs.
Through the acquisition, EnergyHub, which is an independent subsidiary of connected property platform Alarm.com, aims to expand its direct partnerships with OEMs and deliver managed charging programs to EV drivers.
BTR provides EV telematics-based systems, working with 12 EV manufacturers to enable more than 500,000 connected vehicles to participate in low-carbon fuel standard programs.
The acquisition brings those partnerships and vehicles to EnergyHub’s virtual power plant (VPP) ecosystem of over 80 North American utilities and more than 120 programs that integrate EVs, connected thermostats, batteries and other flexible devices. By acquiring BTR, EnergyHub scales its ability to integrate EVs alongside other distributed energy resources (DERs) like thermostats and batteries into cross-DER VPPs.
BTR’s integrations with OEMs will make it simpler and faster for OEMs to participate in managed charging programs that EnergyHub runs for utility clients. BTR also makes it easier for drivers to participate in managed charging programs via a suite of embeddable mobile app experiences.
“BTR has proven its value as the connective layer between drivers, EV OEMs, and multiple DERMS providers and regulators” said Seth Frader-Thompson, President, EnergyHub. “By acquiring BTR, we are accelerating our delivery of transformative grid value and an exceptional customer experience—built on an industry-leading foundation of EV data, seamless integrations, and VPP expertise.”
Source: EnergyHub
