Good Energy Group PLC Launch of electric vehicle charging for businesses
October 16 2019 - 1:00AM
RNS Non-Regulatory
TIDMGOOD
Good Energy Group PLC
16 October 2019
Good Energy Group PLC
("Good Energy" or "the Company")
Launch of electric vehicle charging for businesses
Good Energy Group PLC, the 100% renewable electricity supplier
and innovative energy services provider, has launched One Point, a
new electric vehicle ("EV") charging offering for UK businesses
alongside the first pilot of the scheme with Watergate Bay Hotel in
Cornwall.
Innovative solutions for a growing and fragmented market
The EV market is currently fragmented and complex, but it will
soon be essential for UK businesses to offer charging. Good Energy
is offering a new solution to make it easier for businesses to
install chargers and to secure available network capacity.
Good Energy has recently installed four EV chargers for
Watergate Bay Hotel. The points are embedded with smart load
balancing technology, so the chargers can turn off or on to level
out peaks and troughs in supply and demand on the local
network.
The number of electric vehicles on the road is expected to top
1,000,000 by 2022, amounting to 3% of road traffic, or three EV
chargers for every 100 car parking spaces. Meanwhile, around 40% of
UK homes do not have access to off street parking, meaning
destination and workplace charging will be important for large
numbers of drivers. Good Energy has identified this as both an
opportunity for businesses and crucial for the decarbonisation of
the UK's transport system.
Addressing Industry Change
Good Energy is focused on the installation of EV charging points
as it facilitates the creation of a streamlined and reliable EV
charging supply chain. The aim is to save businesses both time and
money while cutting carbon. Good Energy will use the learnings from
the Watergate Bay Hotel pilot to expand the full offering to
businesses up and down the country.
The new product is Good Energy's latest move into the electric
vehicle and energy sharing market. Earlier this year, the company
took a 12.9% stake in Zap-Map, the UKs leading EV digital charging
platform.
Juliet Davenport, Founder and CEO of Good Energy said:
"Businesses across the UK are responding to the climate
emergency, and many of them have already committed to 100%
renewable electricity. With the launch of One Point, Good Energy is
going one step further by offering businesses a simple, easy-to-use
service allowing their customers and employees to go 100% renewable
in their electric vehicles, helping decarbonise the transport
industry. This is a really exciting progression in Good Energy's
low carbon journey."
Enquiries:
Good Energy Group PLC Via Walbrook PR
Juliet Davenport, Chief Executive
Charles Parry, Investor Relations
Walbrook (Financial PR) goodenergy@walbrookpr.com
Nick Rome Tel: +44 (0) 20 7933 8783
Tom Cooper
Notes to editors:
About Good Energy www.goodenergy.co.uk
Good Energy was founded in 1999 by Juliet Davenport OBE with the
ambition to tackle climate change by generating and investing in
renewable energy. Its purpose is to power the choice of a cleaner,
greener future together with its customers, employees and
investors.
Since it started, the company has been supplying clean power,
sourced from its own generation assets as well as from independent,
UK-based renewable generators. Good Energy also pioneered a more
localised approach to energy by supporting home generation,
launching the HomeGen scheme in 2004, which became the blueprint
for the Feed-in Tariff.
Today, it continues to support and invest in localised energy
generation, as the only UK energy company with more home-generation
customers than supply. From using digital innovation to help UK
households and businesses manage their energy usage more
efficiently, to empowering more people to generate, store and share
clean power, it is leading the charge towards a cleaner,
distributed energy system.
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END
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