EV Mechanica

Subscribe to EV Mechanica's Current Newsletter & never miss an update!

    Close Menu
      Facebook X (Twitter) Instagram
      EVMechanicaEVMechanica
      EVMechanicaEVMechanica
      • Home
      • News
        • E-Mobility
        • EV Battery
      • Charging Stations
      • Policy
      • Research
      • Interview
      • Jobs
      • Events
      • E-Mag
      • Subscription
      Facebook YouTube LinkedIn WhatsApp
      EVMechanicaEVMechanica
      Home » EV Charging Operators, Energy Firms Team on UPI-Like Network

      EV Charging Operators, Energy Firms Team on UPI-Like Network

      Garima SharmaBy Garima SharmaApril 19, 2024Updated:April 19, 2024 News 4 Mins Read
      EV Charging Operators, Energy Firms Team on UPI-Like Network
      Share
      Facebook Twitter LinkedIn WhatsApp

      20 Energy companies have come together to create an Alliance for an open energy network called the Unified Energy Interface (UEI). This UPI-like system is aimed at facilitating seamless payment and transaction interoperability within EV charging networks. The Alliance includes member companies like ChargeZone, Pulse Energy, Kazam, Sheru, Trinity, Turbo, etc. Leading public policy think tanks and research organizations specializing in energy, climate, and technology, such as the Rocky Mountain Institute, and World Resources Institute amongst many, are also joining the consortium in an advisory capacity to advance the initiative.

      While members like ChargeZone have enabled their chargers to be discovered and transacted over the UEI network, companies like Kazam and Pulse Energy who are tech enablers for UEI have enabled their customers to discover, pay and charge at any of their chargers via the UEI network.

      The UEI Alliance is dedicated to fostering global development, adoption, and compliance with unified standards for energy-related economic transactions between digital platforms. Their focus areas include scaling transaction volumes within the UEI network to enhance efficiency and reach. The Alliance is committed to ensuring that the protocol in action remains relevant and adaptable to market needs, guiding technical evolution and governance. Additionally, they promote a scalable model that facilitates the easy integration of both new and existing participants, streamlining processes and expanding their impact.

      Speaking on the occasion, Raj Kumar, the Executive Director, Trinity said, “As the transportation sector shifts towards greater electrification, it’s crucial to ensure that EV drivers can access charging infrastructure easily, regardless of their vehicle’s brand or the charging network. Trinity has been a pioneer in such initiatives, like UEI, which aims for seamless integration at the backend. This approach improves convenience for EV drivers by eliminating the need for multiple access cards or accounts. Furthermore, it fosters competition and innovation among charging point operators, as they are motivated to provide better services and prices to attract customers.”

      Akhil Jayaprakash , CEO, Pulse Energy emphasised that, “We are a customer-obsessed organization, since the beginning days of Pulse Energy we have been nurturing the idea of an open energy network. To accelerate the world’s transition to EVs, we need interoperable systems, and do business with each other seamlessly.”

      Explaining the purpose of the Unified Energy Interface, Reji Pillai, CEO, India Smart Grid Forum (ISGF) said, “India Smart Grid Forum has been promoting peer-to-peer (P2P) trading of green electricity from rooftop solar PV systems; and we have undertaken three successful pilot projects on P2P trading of green energy on blockchain platform in India. The key challenge in scaling up P2P projects is the payment settlement mechanism between the peers involved in the P2P trading. In the present scenario, the payment against P2P trade has to be managed by the respective utilities. With UEI, we could enable P2P payments directly between the peers while the energy wheeling charges for the utility can be levied in the electricity bills by the utility. This is going to unleash a green energy revolution in the country, particularly with 10 million rooftop solar PV systems being rolled out on the fast track under the PM Suryoday Yojana. UEI will herald a paradigm change in the fundamental operating regime of the power sector globally!”

      The UEI network has even received the green light from Department of Science and Technology in their latest e-Mobility White Paper, and more importantly, it’s built on Beckn protocol – a Made in India open-sourced protocol that enables open networks like Open Network for Digital Commerce (ONDC), Unified Health Interface (UHI), Open Network for Education and Skilling Transformations (ONEST) and many more.

      The Not-for-Profit alliance is being formed to help fund the working group and any minimal infrastructure cost the network may have at the inception. The cost will be equally split between all alliance members. To date, the network has facilitated 1.4GWh of energy transactions across the entire network and is poised to grow 100X more with prominent B2C apps expected to join the UEI network in July.

      B2C energy EV EV charging UEI UPI
      Share. Facebook Twitter LinkedIn WhatsApp
      Garima Sharma

      More article from Garima Sharma

      Keep Reading

      Bihar Set to Deploy 150 Electric Buses August

      Tesla Unveils Oasis Supercharger with Solar, Off-Grid Batteries

      Heybike Galaxy series debuts with sleek, powerful e-bikes

      Leave A Reply Cancel Reply

      nine + 1 =

      E-MOBILITY

      Bihar Set to Deploy 150 Electric Buses August

      July 4, 2025

      Heybike Galaxy series debuts with sleek, powerful e-bikes

      July 4, 2025

      Mahindra launches XEV 9e Pack Two in India

      July 4, 2025

      Matter aims to sell 10,000 electric motorcycles in 2025

      July 4, 2025

      Articles

      Delhi’s Fuel Ban Flip-Flop: A Policy Failure in Motion

      Introduction: A Capital Confusion Delhi government took a U-turn on its decision to implement the…

      India’s Largest Electric Bus Procurement Signals a Green Public Transit Revolution

      The Government of India has introduced the largest electric mobility project to date the procurement…

      Delhi’s Vehicle Age Ban: A Harsh Road to Clean Air or Policy Misfire?

      The government took fairly bold action to address Delhi’s chronic air pollution crisis by implementing…

      © 2025 EVMechanica.com.
      • Home
      • About Us
      • Contact Us
      • Subscription

      Type above and press Enter to search. Press Esc to cancel.