Why don't electricity companies mine bitcoins

Electricity from the distribution box

Deutsche Telekom AG could start upgrading up to 12,000 of its Internet and telephone distribution boxes, which are located on public roads and supply customers at their house connections with (V) DSL & Co., to charging stations as early as the summer. One of the gray boxes should be able to charge a maximum of three e-cars at the same time, according to media reports. Vehicle owners would then only have to park in the vicinity of the junction box and connect by cable to get energy for their car.

Should the pink giant realize its plans, it would immediately be one of the largest providers of charging stations in the local market - and would more than double the current number of chargers in one fell swoop. The economically booming charging infrastructure sector is currently still very fragmented and customers are struggling with incompatibilities in payment systems - not to mention the different connector standards and different charging speeds.

Telekom gets help

However, Telekom does not want to operate the stations itself, but rather make them available to local electricity companies for a fee, thus acting as a kind of platform operator. The communications giant is already getting the juice for its distribution boxes from these providers. According to the group, however, new power lines do not have to be laid, the distribution boxes are adequately supplied. However, only around 500 of the gray boxes will be able to charge with a brisk 100 kilowatts, the rest with a comparatively leisurely 22 kW. Accordingly, you have to be prepared for a longer parking session if you want to fill up with enough electricity for the journey home (often further away).

With this project, Telekom would help solve a problem that plagues many e-car buyers: Even in large cities, people are constantly looking for charging points for their electric vehicles. The distribution boxes, on the other hand, are located in almost every street, especially in metropolitan areas, which actually makes them the ideal electricity distribution medium.

Politicians want the expansion

There are currently around 10,000 e-car charging stations across Germany. However, attempts are being made desperately to increase their number in order to stimulate the market for electric vehicles. The usual chicken and egg problems - electric cars and chargers - and the "Range Anxiety", with which owners of electric cars constantly fear that they will no longer get to their destination, should be combated in this way. For example, the CDU / CSU and SPD agreed in the coalition agreement to multiply the number of charging stations by 2020. For this, 100 million euros are to be taken into hand.

According to "Autowoche", Telekom founded its own subsidiary in early 2018 to produce and operate the charging infrastructure. At the same time, she is looking for partners with local electricity providers and in the municipalities. Funding from the federal and state governments should help with the expansion. Community representatives are said to have already reacted positively to the idea.

(bsc)

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