Sustainability
Transforming Batteries, Powering Sustainability: The Open Energy Revolution
Introduction
At Open Energy, we’ve redefined the lifecycle of EV batteries by aligning technology and sustainability. Imagine a world where every battery fulfills its maximum potential, powering electric vehicles and then evolving into grid-support assets. Through AI-orchestrated energy management, we not only extend battery life but also integrate them into smart energy systems, reducing waste, stabilizing the grid, and driving environmental progress. Together with fleets, governments, energy companies, and EV manufacturers, we are shaping a sustainable and profitable future.
The Impact: Extended Battery Life and AI-Powered Energy Management
Every EV battery produced contributes approximately 60–100 kg of CO₂ emissions per kWh of capacity, translating to 3.6–6 metric tons of CO₂ for a 60 kWh pack . By optimizing charging speed and temperature in controlled conditions, our system extends battery lifespans by up to 3 times, ensuring more miles driven and delaying the need for new batteries.
When these batteries reach the end of their EV usability, Open Energy transitions them into energy storage applications. Our AI-based orchestration platform intelligently manages batteries across HyperSwap stations, monitoring grid capacity, fluctuating renewable energy sources, and the growing energy demands of EV fleetsures maximum efficiency and adaptability, evolving in real-time with increasing electrification.
Seamlessly Transitioning to a Second Life
As batteries degrade to around 70–80% of their original capacity, they are no longer suitable for EVs but perfect for stationary energy storage. Our AI ensures these batteries are charged evenly, reducing stress on their cells, and optimally deployed to support the grid. This second-life application stabilizes renewable energy fluctuations and helps grid operators avoid costly energy peaks.
AI-Orchestrated Energy Arbitrage
Our system capitalizes on energy arbitrage by purchasing electricity during off-peak hours (e.g., 4 a.m. in California when costs are lowest) and redistributing it during peak demand (e.g., 10 p.m., when prices can be several times higher). With a network of batteries storing and redistributing energy, Open Energy reduces grid strain and unlocks additional revenue streams. Over a year, arbitrage from just 1,000 batteries could yield savings or profits of over $2.7 million, assuming a 5 kWh daily cycle at a $0.15/kWh price difference.
Repurposing 1,000 batteries avoids up to 6,000 metric tons of CO₂, equivalent to removing 1,300 cars from the road annually. Monetize savings through carbon credits, valued between $10–$50 per metric ton, generates up to $300,000 per year. Combined with energy arbitrage, the financial and environmental benefits create a powerful case for adopting Open Energy’s system.
A Call to Action
Open Energy’s approach is not just about sustainability—it’s about creating value. By aligning the lifecycle of EV batteries with AI-powered systems, we empower stakeholders to reduce emissions, stabilize the grid, and achieve long-term profitability. Partner with us to drive impactful change while reshaping the future of energy. Together, we can power a cleaner tomorrow.
Sources and more info
- Lithium-Ion Vehicle Battery Production – Status 2019 on Energy Use, CO2 Emissions, Use of Metals, Products Environmental Footprint, and Recycling (IVL)
- Effects of battery manufacturing on electric vehicle life-cycle greenhouse gas emissions (The ICCT)
- The race to decarbonize electric-vehicle batteries (McKinsey)