“We are entering a new era of smart energy infrastructure, and by integrating the Gogoro Network with the Enel X Virtual Power Plant (VPP) in Taiwan we are providing a new energy resource. It is the first time this technology has been deployed this way in the world, and it creates a new Gogoro revenue stream beyond mobility” said Horace Luke, founder, and CEO of Gogoro. “We have always believed that time-shifting energy was key to enabling the sustainable transformation of energy and transportation, and Gogoro continues to be a key part of these advancements. Together, the Gogoro community is contributing to Taiwan’s net-zero targets by helping to integrate more variable power generation resources onto the grid. Today, when the energy grid begins to max out, we can dynamically pause our energy usage or provide energy back to the grid while continuing to operate our battery swapping service independently as needed.”
“The commercial expansion of the Gogoro and Enel X pilot program to more than 1,000 battery swapping locations highlights a significant step in our ancillary service to increase energy use efficiency. It is also an essential element in the development of large uptakes of renewable energy in the global electricity industry and a positive demonstration of how businesses like Gogoro can proactively participate in Taiwan’s energy market at scale,” said the president of Taiwan Power Company (TPC), Yao-Ting Wang.