Drax Group Deploys Solace to Power Up the UK’s Electric Vehicle Drive
Solace, the leading enabler of event-driven architecture (EDA) for real-time enterprises, announced today renewable energy company Drax Group has deployed Solace event streaming and management technology to underpin its industry-leading Electric Vehicle (EV) solutions, powered by renewable energy. With 400,000 EVs in the UK, this will affect a large proportion of EV drivers and help the UK reach its goal of becoming net-zero by 2050.
Supply chain disruptions are bringing to the fore the importance of balancing power, demand and supply, especially in the wake of wild energy price fluctuations. To maximize energy efficiency, providers and consumers both demand real-time updates of commodity prices, which ultimately influence purchasing decisions.
Event-driven architecture is the basis of Ofgem’s mandate to enable half-hour energy settlements for businesses and consumers (MHHS), and Elexon, who set the Balancing and Settlement Code (BSC) in Great Britain. To generate and deliver renewable power in the most efficient way and remain compliant with the programme, energy providers need real-time, event-driven data. Drax has chosen Solace, as the market-leading enabler of EDA in the UK energy sector, to orchestrate real-time information sharing with the MHHS Data Integration Platform.
This means the use of EDA will benefit EV users and producers by effectively turning electric vehicles into de facto storage batteries, ready to be used at home in lieu of peak energy price consumption levels, or even sold back to the grid.
Solace PubSub+ Platform is the first purpose-built EDA platform available today that can support the real-time movement of data between vehicles, charging points, energy sources and energy suppliers. The interoperability of the platform allows multiple technologies and systems to access data in real time, empowering users to make energy usage more efficient and agile.
“Getting more electric vehicles on the road is key to decarbonising the UK. At Drax, our EV experts can help fleet managers by doing the hard work for them when it comes to looking at the data to understand which EV solutions would benefit their business,” said Adam Hall, Energy Services Director, Drax. “Event-driven architecture is the key to making energy production and consumption resource-effective and therefore limit waste and make life easier for UK homes and businesses.’’
The real-time nature of EDA allows for the most cost-effective energy source to be consumed at a specific point in time, which will, in turn, encourage new and disruptive services.
“The efforts to make the energy supply chain more efficient are commendable, not only for the environmental benefits but for the energy savings they bring to consumers and producers alike,” said David Mitchell, Regional VP, United Kingdom & Ireland, Solace. “The UK in particular is leading the effort to ensure energy efficiency, as the Ofgem’s MHHS programme confirms. Drax again proves itself to be a trusted provider with this initiative, as it will allow EV owners to make the best use of electricity.”
Case in point – Drax’s first EV customer, SES Water, made an initial investment in 16 new charging points and replaced 10 of its 120 strong fleet of diesel vans with electric vehicles. This small step is saving SES Water an estimated 43 tonnes of CO2 per year.
Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.