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S1E02

E-Mobility and Smart Charging in Austria with Korbinian Kasinger - TEB Podcast- S1E2

with Korbinian Kasinger· KW Solutions· 49m

TL;DR

The podcast discusses e-mobility and smart charging innovations in Austria.

Synopsis
Korbinian Kasinger from KW Solutions shares insights on the company's role in the e-mobility sector. He discusses challenges and innovations in charging infrastructure and the importance of collaboration in the energy transition.

Key metrics

by the numbers · 5
  • 2000
    operating charging points
  • 4%
    electric vehicle share
  • 50%
    newly licensed EVs in China
  • 37%
    newly licensed EVs in China
  • 10%
    newly licensed EVs in the US

Topics

5 tags
e-mobilitycharging infrastructuregreen techdemand responsevehicle-to-grid
Stats
Duration
49m
Words
7.6k
Questions
55

Timeline

5 chapters
  1. Founding KW Solutions

    Korbinian discusses the founding of KW Solutions and their focus on green tech.

  2. Current Company Structure

    Korbinian describes the growth of KW Solutions and their current team size.

  3. Charlie Backend Overview

    Korbinian explains the Charlie backend for optimizing charging transactions.

  4. Charging Points Project

    Discussion on the project in Grockna and its significance.

  5. CO2 Pricing Discussion

    Korbinian talks about the fluctuating prices of CO2 emissions.

Key insights

4 takeaways
  • 01

    Importance of Collaboration

    Collaboration across the value chain is crucial for successful energy transition projects.

  • 02

    Market Trends Affecting EV Adoption

    Current market trends show a decline in the popularity of sustainability topics, impacting investments.

  • 03

    Innovative Charging Solutions

    KW Solutions' Charlie backend optimizes charging cycles based on dynamic pricing and user behavior.

  • 04

    Regulatory Challenges Persist

    Regulatory uncertainties hinder the clear direction for electric vehicle adoption in Europe.

Pull quotes

1 quote
  • We need to protect our environment.
    Korbinian Kasinger
Transcript1072 cuesClick a timestamp to jump
  1. Okay. So, welcome to this new episode of
  2. the bridge podcast. We are very happy to
  3. having you here, Corby, if I can of
  4. course call you that. And we were here
  5. one month ago. we talk about what
  6. KW solution is doing and we were very
  7. impressed and especially you as a leader
  8. of this amazing team being Austrian
  9. entrepreneurial
  10. so we are very happy to know more
  11. about you and having you today we are on
  12. a journey to understand about what
  13. innovators are doing in this region and
  14. one of the first innovators that we are
  15. talking to are you we are very excited
  16. to have you that's a very big pleasure.
  17. So Rahul Daniel, thanks a lot for
  18. visiting us and thanks a lot for
  19. bringing up this initiative. and I'm
  20. highly impressed about what you're
  21. doing with the energy bridge because I
  22. can imagine that it is quite challenging
  23. to ramp such a project up and especially
  24. if you're doing it in such a
  25. professional way. So it's great to have
  26. you here. We really appreciate you.
  27. Thank you. So to start a bit and to
  28. let the community know you are well
  29. entrepreneurial spirit right and I was
  30. impressed that you studied
  31. international business but you went into
  32. the energy field and you studied in
  33. inbrook.. So how was it to study
  34. there? so it was not so much planned
  35. to study in Insburg because I was
  36. born in Upper Austria. and I could
  37. have gone to Salzburg or as well to
  38. Vienna to study there but somehow I
  39. ended up in Insburg at the
  40. University of Insburg. So it was quite
  41. nice to study there. I did quite quickly
  42. understand that I like the way of
  43. studying at the university in Austria at
  44. the public university because you're
  45. pretty much selfdetermined and it is
  46. quite liberal, right? So you can choose
  47. also free. It's it's quite what do
  48. you say? The tuition are waved.
  49. you don't have to pay for the education.
  50. You don't have to pay. That's amazing.
  51. At least in the beginning you don't have
  52. to pay. yeah and I like to study
  53. there. Inpuk is a beautiful city. So it
  54. was a big joy. And then we knew that
  55. you studied also in Thailand in Bangkok.
  56. So what's the two different worlds
  57. completely? How was the study there? So
  58. first of all it was I was studying one
  59. year in Thailand at Chula Longan
  60. University in Bangkok and it was
  61. mandatory for me because I was studying
  62. international economics and business
  63. and I have had to go one year abroad and
  64. I chose Thailand because I did not go to
  65. a further or a second western
  66. university.. and I think it was
  67. super exciting for me because it was
  68. something like a synthesis of being
  69. western but as well being eastern. We
  70. have had many colleagues from from China
  71. or from other Southeast Asian countries.
  72. So many many new perspectives and it was
  73. interesting. Wow. And did you take any
  74. special course there or it was general
  75. international business? How was it? So I
  76. took overall speaking I took 12
  77. courses in one year in 12 months. So
  78. each month one course
  79. so it was like because many people are
  80. saying you're going abroad for
  81. doing your your studies and that's
  82. quite comfortable and easy and in my
  83. case it was quite challenging and
  84. demanding. So as said 12 courses with
  85. exams midterm exams a lot of exercises
  86. that we have to do and good and all this
  87. experience influenced you to be
  88. entrepreneurial or it was just in
  89. yourself natural born is I don't know if
  90. this can be naturally born basically not
  91. so to be very honest on that I was not
  92. so secure about what to do in my
  93. career path so I was studying business
  94. and economics And that's many other
  95. people are doing that as well. Right.
  96. And then I was starting my career in
  97. consulting. So I started at EY
  98. Pathanon and this was quite linear as
  99. well considering that I have been
  100. studying economics and business,
  101. right? Yes. but I guess this
  102. entrepreneurial spirit comes from my
  103. early childhood because I was grown up
  104. at the farm and this has I would say
  105. quite a lot to do with about how you
  106. think about work and about work
  107. ethics as well because it was like when
  108. you have a farm you have animals
  109. right and you have a land which need
  110. to be somehow managed
  111. And you do not consider working hours in
  112. a static way but that there is
  113. a certain amount of work which needs to
  114. be done. It's hard work and you are I
  115. know many people are not considering
  116. this as being self-employed but by
  117. running a farm it's purely
  118. self-employment and so from the
  119. entrepreneurial spirit how you move
  120. forward to energy why did you choose
  121. energy as your main business
  122. that's quite interesting as well so
  123. because we were two when we founded the
  124. company so Benjamin and I founded the
  125. company and it was like that so we did
  126. already know each other from our time in
  127. Insburg. So we were both studying at
  128. University of Hinsburg and we met again
  129. in Vienna so to say and we said
  130. like okay it would be really cool to be
  131. self-employed but it was not like the
  132. moment that we have had this super no
  133. the dream just to have the intention at
  134. the beginning we did have the intention
  135. that we would like to be
  136. self-employed
  137. and based on that we thought like and we
  138. brainstormed what could we do what are
  139. we good at and what can we ramp up and
  140. build And then we ended quite quickly
  141. in doing something with tech green
  142. tech because we thought like the
  143. world is somehow in danger and it is
  144. good when some one is doing something
  145. against that right reducing emissions
  146. etc. very interesting period as well
  147. when you started in 2021 just after
  148. corona or we were in middle of corona I
  149. would say and so corona was quite
  150. challenging because to jump into
  151. that topic with KW solutions we
  152. quickly went the direction of
  153. offering B2B charging products right
  154. so our target groups is industry is
  155. retail but as well hospitality
  156. right So we were selling or we still
  157. sell fullyfledged packages of
  158. of hardware of operations of management
  159. of doing all the services all the
  160. billing all the maintenance etc. But we
  161. wereum selling this quite strongly to
  162. hospitality as well. Okay. And you can
  163. imagine that this is not so
  164. convenient when you are jumping from one
  165. lockdown to the other lockdown because
  166. no one of these people were
  167. investing in charging infrastructure.
  168. They were shut down. It was like it was
  169. super challenging in the beginning. You
  170. started in 2020 or we started in 2021.
  171. In the initial part you were telling
  172. us about how you come across from
  173. consulting to you had the idea and you
  174. ideated and then you got into founding
  175. KW solutions right. So and just how
  176. would it challenging because now that we
  177. have been living in Austria for a while
  178. we understand that people are very smart
  179. here but entrepreneurship is
  180. something it takes a lot of I think a
  181. lot of grit to start a lot of courage of
  182. course then because when when you're
  183. already living in a very social secure
  184. place and you were working for EY
  185. it's a very reputed company how was the
  186. journey to move forming your own
  187. thing so quite difficult on multiple
  188. levels because on an emotional level
  189. it's it's it's quite interesting in the
  190. beginning. so you have this idea and
  191. you start to build structures around
  192. this idea, right? So you start to
  193. build this this corporate or this
  194. company. and then you start telling
  195. people what what are you doing, right?
  196. And the first thing that people are
  197. telling you is oh isn't it similar to
  198. ABC, right? Yeah. Yeah. How how how can
  199. you compete there? So why are you doing
  200. this? So this is challenging. So in the
  201. beginning no one takes you seriously.
  202. Yeah. No one at all. People are
  203. saying, "Oh, that's a nice idea and we
  204. wish you all the best." But in the end,
  205. no one takes you seriously. Right.
  206. That's as the first thing. And on a
  207. second level it was quite challenging
  208. because coming from consulting you
  209. have not somehow measuring it as high or
  210. low but you have a certain amount of
  211. salary right and then certainty and a
  212. certainty of status of salary of
  213. career path right it's quite strongly
  214. determined and then you start then you
  215. say you start at zero with no
  216. salary but on the other hand with many
  217. many expenses and everything is
  218. difficult because founding a company
  219. is like so I guess when you do it the
  220. first time you're not so prepared for
  221. that it's like being a father it's like
  222. having a baby growing right I wouldn't
  223. know but it's it's like having a baby
  224. and you consider your company as a baby
  225. sometimes as well the evolutional
  226. aspects around it and it's it's so hard
  227. because when you come out of corporate
  228. you it is so much substantiated your
  229. salary, the administration, all the
  230. hierarchy. So everything is determined
  231. and then you start from zero. You do not
  232. have an office. If you have your your
  233. first client meetings, you always
  234. propose that you have these meetings
  235. at your client side because you do not
  236. really want to admit that at my
  237. officeite does not exist, right? My
  238. office side is my living room. I'm fully
  239. remote. And after forming the
  240. company, how long it took you to get
  241. your first office? I guess nearly a
  242. year. No, a half year or between a half
  243. and a and a year. Yes. Wow. But amazing.
  244. So what challenges do you have now?
  245. Would you say? so maybe going from
  246. then to now is 3 and 1/2 years later. So
  247. I would say that we have built and
  248. formed a good company a well
  249. structured company which is starting
  250. to get
  251. substantiated as well which is important
  252. because I think it's it's very important
  253. to have a logic in everything what
  254. you're doing and this logic needs to be
  255. built up in many aspects
  256. and what are the challenges now is
  257. so we are still growing growing. So we
  258. are increasing our amount of people
  259. who are working in our team who are
  260. working for KW solutions. Right now we
  261. are 16 or 70 people working here. and
  262. we are facing of course some challenges
  263. which are mainly driven by the market
  264. which we are acting at because electric
  265. vehicles and all the sustainability
  266. topics are not so trendy right now. It
  267. was a bit more trendy a few years ago.
  268. Right now sustainability and reducing
  269. CO2 emissions are important but not
  270. super super important right also given
  271. the political context that's why it
  272. leads to the passion for energy
  273. transition and passion for energy what
  274. drives you there like to have
  275. the grit in the evolving market it gets
  276. very challenging and the passion that
  277. you have for it if you can go about that
  278. I think it's interesting to somehow
  279. closing the loop because When we
  280. started, it was like we were rather
  281. driven by the idea of getting
  282. self-employed, of doing cooperative, of
  283. doing some some business on our own.
  284. Right now, I'm I'm 110%
  285. convinced of what we are doing. It's
  286. so important that people are working for
  287. mobility and energy transition.
  288. That's so important. We need to protect
  289. what is around of us. We need to
  290. protect our environment. And this is so
  291. in interesting and exciting for me. We
  292. found a way where we somehow were
  293. crossing all these sustainability
  294. aspects with a certain kind of I would
  295. not say capitalism but a certain kind of
  296. doing business with that. So this green
  297. tech area, green tech business is super
  298. exciting because we are working in that
  299. way that we say we would like to make
  300. green technologies beneficial for the
  301. end customer. Yeah. Not only on an sust
  302. sustainability level but as well on an
  303. economic level as well. Actually what
  304. one of the favorite
  305. sustainability meanings that I have
  306. heard they have three pillars. They have
  307. to be environmental friendly with social
  308. impact but also have to be a business.
  309. We cannot be naive. It's it's amazing
  310. what you're doing that you could merge
  311. these three pillars. So you can say that
  312. you are not greenwashing at the end.
  313. It's a certain it's a proper business
  314. with greenage and contributing to
  315. tackle climate change that we are in the
  316. same route too. This is what it drive
  317. us. So it's amazing and on that note
  318. if you can go about KW solutions and if
  319. you could tell us about what you do at
  320. the company. So basically we
  321. have basically two segments where we are
  322. operating at. We have a segment
  323. which is called CPO. So charge point
  324. operating I already mentioned it in
  325. the beginning. What we are doing there
  326. is we are operating charging
  327. infrastructure for others so to say for
  328. our customers. Our customers are owners
  329. of hotels so hospitality sector
  330. industry leaders retail companies
  331. because what is the requirement that
  332. they have? They have the requirement of
  333. somehow rolling out multiple charging
  334. stations and all these charging stations
  335. need to be operated.. They need to
  336. have the data. They need to have a
  337. possibility of balance the loads.
  338. they need to have the possibility of
  339. doing billing because if they have a
  340. third party credit card should be
  341. possible, roaming cards should be
  342. possible and all these stuff needs to be
  343. somehow bundled and needs to be
  344. somehow dealt with by ideally an
  345. external party which are we right. So
  346. that's the first business part. and
  347. the second business part goes a bit more
  348. in a specified direction because we were
  349. building quite quickly our own back end
  350. which is called Charlie. And what the
  351. Charlie environment is doing is
  352. basically we try to fully optimize
  353. optimize charging transactions for our
  354. end customers. And here we have two
  355. customer segments. Customer segment one
  356. is real estate industry and customer
  357. segment two is transport transportation
  358. industry. So heavy transportation
  359. industry and just to give you an example
  360. of real estate industry. So when we are
  361. building a project for one multif family
  362. house that means that the whole multif
  363. family house is in our Charlie
  364. environment. If let's suppose you would
  365. live in such a multif family house then
  366. you would buy a charging station and you
  367. would be connected to Charlie and
  368. Charlie would help you to fully optimize
  369. your charging cycle every day. That
  370. means we're working with dynamic prices.
  371. So dynamic spot prices which are
  372. changing from hour to hour. So we ensure
  373. that you have the cheapest price..
  374. First layer. Second layer is net cost
  375. structure because we always need to
  376. be careful about how we increase the
  377. the net requirement because net
  378. requirement needs to be paid that's very
  379. expensive we need to reduce it and we
  380. need to make it somehow continuously low
  381. in the end that's in real time second
  382. parameter and third parameter is your
  383. individual charging behavior so we would
  384. ask you Rahul when do you need your car
  385. on Monday and Tuesday on Wednesday and
  386. you give us this information and based
  387. on this information from you and from
  388. all the others in a multi family house
  389. as well we can consolidate everything
  390. and we can fully optimize. Wow. So it's
  391. personalized to in every behavior in a
  392. multif family environment. Yes. Amazing.
  393. Very cool. And that's you are
  394. making it on house. It's a KW solution
  395. innovation. Yeah. Amazing. Yeah. Super.
  396. and Corby just I want to just go
  397. out a bit to understand the value chain
  398. where Charlie comes in and so for
  399. example somebody I have a EV I buy a
  400. electric ch car I live in a multi-
  401. housing society and I need charging
  402. infrastructure so as a B2C customer can
  403. also have a charging infrastructure of
  404. course if my housing society allows but
  405. you are going to deal with the housing
  406. society idea, right? Yes. Because that
  407. there is a I need to just introduce
  408. one one legal frame here. there is
  409. you can have an individual charging
  410. station.. But you are somehow
  411. incentivized by the law to have a
  412. collective charging infrastructure
  413. because individual charging stations are
  414. not somehow limited when it comes to the
  415. net operation requirement and they
  416. are not connected with the others. That
  417. means the requirement from time to time
  418. is not consolidated and not somehow
  419. limited. It's always one peak to the
  420. other and this is not good and that's
  421. why it goes more and more in the
  422. direction of somehow connecting all the
  423. charging station in one family house in
  424. one lively family house., and that's
  425. basically what what Charlie is doing.
  426. And you as an end customer, it's not so
  427. easy because it's always required that
  428. if you have a multif family house with
  429. different owners, they need to take a
  430. decision on that. We are investing in
  431. such an infrastructure and then it's
  432. possible., so which makes our lead
  433. cycle or our sales cycle most efficient
  434. in when multif family houses are built.
  435. the newly constructed design is much
  436. better because then you have top down,
  437. right? They say the construction
  438. company says yes, we going to go with
  439. this and that's basically
  440. straightforward. When multif family
  441. houses are already existing then it gets
  442. a bit more complicated because you
  443. always need to have consolidated
  444. decision and still there are many people
  445. out there who say electric vehicles I
  446. don't like it. So in this chart
  447. environment, do you have also a chat?
  448. The multif families can talk each other
  449. to organize themselves or it's more
  450. individual input from each family in
  451. one. So the platform of chatting is
  452. basically the property management
  453. company because they are setting all the
  454. products and all the logic and the
  455. information up and then they're sending
  456. it out. Then you have a certain time
  457. frame of I don't know four to 6 weeks
  458. where everyone can input on that. Oh,
  459. that's amazing. So why did you come up
  460. with this Charlie idea? What was the
  461. need that you saw? The need it was like
  462. so right now if if you have a look at
  463. the competitors landscape, it feels like
  464. that they have the understanding of one
  465. size fits it all, right? They have a
  466. certain back end comes strongly from a
  467. direction of billing only. backend
  468. providers focused pretty much on how to
  469. build but they did not focus on how to
  470. optimize. Okay. And we said that if we
  471. want to compete in this market
  472. substantially
  473. we need a certain selling point on the
  474. one hand and on the other hand the
  475. selling point is always the economics.
  476. Yeah. So we convince customers if we
  477. say we help you saving money on the one
  478. hand and on the other hand by somehow
  479. getting incentivized of using cheap
  480. price windows we help the
  481. net infrastructure getting a bit more
  482. relaxed that's win-win. That's
  483. something related also with a big topic
  484. that we have seen in different
  485. conferences which is demand response
  486. because we have variability in
  487. generation with renewables but we also
  488. should turns also in demanding response
  489. and to make it flexible. So vehicles
  490. I think they are going to have a big
  491. role into this demand response and
  492. how to optimize it. So it's it's very
  493. impressive what you are doing with
  494. Charlie and it's a onhouse innovation.
  495. So it's it's amazing. So how do you see
  496. the KW role in this new for saying
  497. in the CPO market? How do you see
  498. yourself in the sector? It's you mean
  499. based on multif family houses charity?
  500. No just in general about the charge
  501. point operator how the activities that
  502. you have been doing in and maybe if you
  503. can explain a bit some of the projects
  504. that you're doing right currently. So I
  505. I see us in general as company which
  506. is driving innovation and obviously many
  507. companies are saying that from
  508. themselves but in the end I believe that
  509. because I know that there is no other
  510. product at the market which is doing
  511. similar or which is capable of doing
  512. similar things.. many
  513. competitors, especially publiclyowned
  514. energy suppliers, they have external
  515. backends and they're using external back
  516. ends in the sense of one size fits it
  517. all for each and every requirement. You
  518. go to the customer and you personalize.
  519. So in this example of the grow hack,
  520. if you can tell us a bit about this
  521. project to explain the process.
  522. So is stands
  523. for quite a long name right? No but what
  524. they are doing basically they are
  525. owning as well as maintaining all the
  526. streets which are going in the
  527. Koskna. So Koskna is the highest
  528. mountain in Austria.. Okay. Where
  529. you went this week or Yeah. Yeah. We
  530. we have been there this week., is it
  531. the highest highest mountain? It's the
  532. highest. What was the altitude? How high
  533. it is? Well, that's a tricky question. I
  534. think it's 3, 000 800 and a bit more.
  535. Wow. Okay. Yeah. So, it's the highest
  536. mountain., and it's quite impressive
  537. and it of obviously the area and the
  538. environment has certain particularities
  539. as well as streets, right? There is
  540. infrastructure and the grow is
  541. responsible for the infrastructure and
  542. what what they are doing is and this is
  543. quite impressive they are not doing
  544. nothing in the sense that the electric
  545. vehicles are nice but not of our
  546. business right they're saying we are
  547. trying to set up a very explicit and a
  548. very active role in all these
  549. transitional things and that's why they
  550. are building charging infrastructure and
  551. we the operator of this charging
  552. infrastructure and right now we
  553. operate around about 50 charging points
  554. there. So on the streets of Grockna
  555. and it will be ramped up up to I
  556. don't know 200 charging points in the
  557. next one or two years. That's a huge
  558. project for us and it is very very
  559. substantial responsibility in that
  560. region for us and we are super
  561. happy about having this customer and
  562. being responsible for these charging
  563. points. Amazing. Just in numbers you
  564. mentioned this project and in total
  565. how many charging points right now we
  566. are operating around about 2, 000
  567. charging points. Wow. Wow. And I would
  568. say this makes us to one of the biggest
  569. charge point operators in Austria.
  570. I'm I'm quite proud of that because
  571. our our team and we were super active
  572. and we are super motivated and ambitious
  573. on the market and by getting so many
  574. charging points in addition to
  575. building our own software and
  576. environment. I think quite a good thing.
  577. Yeah, super good. And we can see that
  578. you are a young entrepreneurial with a
  579. great team, young team too, very
  580. innovative. So you also are making
  581. research with the academia with our
  582. university too, the TV, the technical
  583. university of Vienna and you are
  584. exploring with B2G, right? So how is
  585. this project going and what outcomes
  586. are you expecting of this research?
  587. so what what you just
  588. mentioned it a bit earlier you said
  589. all the electric vehicles and
  590. all the vehicles that we have in
  591. Austria. Right. So in speaking in
  592. numbers it's around about 5 million
  593. vehicles.. Oh. And right now we have
  594. electric vehicle shares. I think it's
  595. round about three or 4%. I think
  596. rather 4% sure or 5 million. Ju just
  597. about the stats I think Austria has the
  598. the biggest number of vehicle per
  599. person, right? It's about two I think if
  600. if you go into No, it can't be because
  601. we have around about 9 million people as
  602. far as I'm informed. Yeah. And we have 5
  603. million vehicles. So at a whole also and
  604. how much you think it will be the EV?
  605. It's around about 4%. 4%. Wow. So at the
  606. very bloody beginning
  607. matter of fact but what is the
  608. perspective of the idea of vehicle
  609. to grid is it at some point of time we
  610. will have battery and that means
  611. potential stoages everywhere and if they
  612. connected to a system then they can
  613. somehow create a virtual power plant
  614. puffering and storing energy and
  615. storing it if we have too much in the
  616. grid and getting it out of the batteries
  617. if if the grid grid needs some support.
  618. Amazing. Okay, that's amazing. And this
  619. is somehow the idea of vehicle
  620. to grid. and in this ecosystem you
  621. you need to somehow fulfill or you need
  622. to settle certain items because you
  623. have hardware and software from the
  624. vehicles.. Which is quite complex
  625. and quite diversified I would say.
  626. then you have charging stations,
  627. hardware and software. Then you have the
  628. grid operator. You have an energy
  629. supplier which is somehow involved as
  630. well. And at the top layer you should
  631. have some company which is KW solutions
  632. in that integrate to integrate to
  633. aggregate and that's right and
  634. that's somehow the idea of this
  635. project and of our research and
  636. development and we were building a
  637. consatium containing out of to so
  638. technical university of Vienna for
  639. shungland so it's it's it's derived
  640. Bland and the company KA
  641. which are producing AC and DC charging
  642. infrastructure. and together we
  643. try to shed some light on how it can
  644. work in the future and what needs to be
  645. done in terms of
  646. interoperabilities that we are getting
  647. this topic into reality in Austria.
  648. So it's like a moderation and
  649. investigation process of vehicle to
  650. grit, we are doing hardware testing
  651. as well. So not only in theory but as
  652. well in practice. and we're super
  653. excited. It's it's it's highly
  654. interesting. Sure. And do you see in the
  655. future that this service can be sold? I
  656. mean to provide this at the end to
  657. the grid from the
  658. vehicles
  659. aggregating storage to supply to the
  660. grid. Do you see in the future that that
  661. could be a paid service for the car
  662. electrical car owners? My view yes
  663. absolutely because I would think it is
  664. quite sad if we cannot start managing
  665. and operating all the batteries in the
  666. vehicles. I don't know why why why is it
  667. so difficult because of warranty reasons
  668. right now I don't know it seems to be a
  669. bit strange for me because we have a
  670. lot of storage conventional storage
  671. batteries they have these warranty
  672. issues not so I guess it can be sold
  673. and what is the business case behind
  674. that it's it's rather it's more or less
  675. going about arbitrage so you have two
  676. channels of selling electricity or two
  677. channels of addressing this business
  678. case. On the one hand, you have the
  679. normal energy market. That means so
  680. coming from the spot market, you can buy
  681. electricity from the from your energy
  682. supplier when it's cheap. Yeah. For
  683. example, during the summer, during the
  684. afternoon hours where sun is burning.
  685. Yeah. So energy is cheap. In some cases,
  686. it is even negative. That means you get
  687. paid when you consume energy. Yeah. So,
  688. you can use making your battery full
  689. and then when it's more expensive out
  690. there, for example, in the evening or at
  691. lunchtime or at the very in the in the
  692. morning, you can sell it. Okay. It
  693. provides you with the possibility of
  694. arbitrage.. And then you have a
  695. second option which is the grid market
  696. where you could potentially participate.
  697. which is basically
  698. following an equivalent
  699. logic. but all these business cases
  700. need to be moderated. They need to be
  701. conceptualized and they need to so
  702. someone needs to start trying to getting
  703. these business cases in reality. Yeah.
  704. And I see there's a lot of we
  705. emphasize at the energy bridge about
  706. praising all the different value chain
  707. in the energy industry and having
  708. collaboration together and you have a
  709. very successful case and also with the
  710. nature of your business you talk to a
  711. lot of different clients and you have to
  712. collaborate. What you what do you think
  713. about collaboration in this industry?
  714. how what are the challenges and
  715. we are successfully bridging it but
  716. it must with some challenges. Yeah. So
  717. to I'm I'm quite open about these things
  718. because we are trying hard to somehow
  719. building bridges as well because we
  720. cannot do it on our own. That's for
  721. sure. We're not going to make it on
  722. our own. We need collaborations. Yeah.
  723. And what we see is that it is very very
  724. hard to getting into contact with car
  725. manufacturers. Yeah. because I feel that
  726. they cannot earn money with that and
  727. though they are not interested in it.
  728. For example, are you interested in
  729. somehow getting into this project doing
  730. this or that? No response or just no.
  731. It's well they are business as usual.
  732. They want to sell cars. Yes, we want to
  733. sell cars. We want to make margins on
  734. on based on selling but no innovation.
  735. It's why way too far away from east. So
  736. car manufacturers difficult. we see a
  737. good progress with manufacturers of
  738. of the hardware of the charging
  739. stations, but this is quite is working.
  740. And what I want to say and emphasis
  741. emphasize as well is many people are
  742. always blaming or not speaking so
  743. well about net operating companies, but
  744. I need to say that we are getting
  745. great support of net operation
  746. companies. They're super interested in
  747. all these things.. And they're super
  748. collaborative and they are going into
  749. piloting these things with us as well.
  750. So that's very positive. Yeah, that's
  751. wonderful. I think more and
  752. more value chain needs to come together,
  753. collaborate more so that more successful
  754. projects and the case studies could
  755. come. And now that we started talking
  756. about challenges of the industry also
  757. going a bit more about the regulatory
  758. hurdles that you have to overcome and
  759. that you are still overcoming that you
  760. see in the industry which could be ease
  761. out a bit. Yeah. So the I think the
  762. regulatory framework it is as it is
  763. right I think it's a framework where
  764. we can work in so where we can work
  765. within it quite properly right now. So
  766. of course there are things added like we
  767. have had this afia regulation then we
  768. have had this gaf for where CO2
  769. becomes a price right like we are able
  770. to sell CO2 emission certificates now
  771. which is positive I would say it's a
  772. bureaucracy monster that's for sure yeah
  773. it's but in the end we get a couple of
  774. cents for each and every kilowatt hour
  775. which is nice how much is the CO2 tone
  776. in price. So it's it's it's a and
  777. if you ask 10 people of for the price
  778. you get 10 different prices. In the
  779. beginning it started in 2023. It was
  780. around about 20 to 30 cents per kilowatt
  781. hour. So it was tremendously high
  782. tremendously high. Every thought
  783. everyone thought like okay I'm getting
  784. more money as I'm paying for the
  785. electricity. So that's weird right?.
  786. but it was somehow going down
  787. strongly and now it's yeah a high on one
  788. digit number. Okay. So 5 6 7 8 10 cents
  789. something about that. That's the
  790. regulatory aspects. But what what what I
  791. see as a huge topic right now is we have
  792. in Europe and in specific in
  793. Austria very very very substantial
  794. uncertainties. I feel like that on
  795. the one hand the car manufacturers but
  796. on the other hand politicians and the
  797. people do not have a real
  798. understanding of where to go right is
  799. our future based on electrification
  800. so is it based on electric vehicles or
  801. are we still
  802. moving forward with combustion
  803. engines right so with fossil fuels I
  804. don't know I think this is not a good
  805. situation
  806. because it leads to the fact that
  807. neither our car manufacturers in Europe
  808. nor the surrounding companies are
  809. competing well and if you if you compare
  810. this situation with Chinese companies
  811. so they have a very very clear way
  812. forward and I know it has so each
  813. system has disadvantages
  814. but in terms of
  815. technology in terms of driving this
  816. industry they get getting more and more
  817. advantage the rest of the world
  818. aligned all the industries with one goal
  819. and yeah in western world maybe we are
  820. just in this critical point of choosing
  821. which way will be developed so we are
  822. going for electrification too so and
  823. just just on that point on
  824. competitiveness of European
  825. industries and the ecosystem and
  826. competing Chinese manufacturers. You
  827. think what could be more to be done here
  828. to make sure that have the healthy
  829. competition? You still have a lot of
  830. Chinese manufacturers. They have
  831. research happening in Europe and they
  832. are selling here coming from Europe.
  833. What how can they compete with that?
  834. Because as you said they have a
  835. tunnel focus and they have been
  836. progressing really well but still you
  837. said the government has to make a choice
  838. but what more from the industry itself
  839. that that can be done to still remain
  840. competitive. so I guess it is a
  841. strongly topdown driven topic.. So
  842. at the top you should have politicians
  843. who say that we are committed to
  844. mobility and energy transition and from
  845. that you can derive that fossil fuse or
  846. fossil
  847. driven vehicles
  848. should come to an end as soon as
  849. possible. There are some manufacturer
  850. Renault maybe or others they Volvo they
  851. said or we are not going to make more
  852. internal combustion engines in 2030 24
  853. there are some goals around but it's not
  854. political it's for the industry there
  855. are these goals but what happens is then
  856. you have so I feel like that so you
  857. you have in Europe you have a
  858. certain amount of far right
  859. political parties, right?. And they
  860. are very strongly pro- fossil fuels, pro
  861. combustion engine, etc. Not talking
  862. about that now, but and that
  863. leads to the circumstance that the more
  864. moderate parties try to go a bit
  865. into this direction as well. And this
  866. leads to the mixture that we have in our
  867. political landscape. And this mixture or
  868. these uncertainties lead to the fact
  869. that the companies do not really
  870. know for sure where to go. Are we going
  871. left or are we going right? And this of
  872. course indicates two strings of
  873. development, two strings of
  874. manufacturing, two strings of sales and
  875. and this is a totally two different
  876. ecosystems.. And this is very
  877. demanding to maintain. Yeah, this is
  878. something that we are trying to bridge
  879. also with the policy makers because in
  880. in these fields as energy and
  881. electrification and all these decisions
  882. are long-term investment. So you need
  883. certainty and a long-term plan. So
  884. what we are trying to do also is to
  885. bring this knowledge and this data to
  886. the policy makers too to make them
  887. understand why do we have to move
  888. forward in this direction like
  889. so it's very very impressive what
  890. they're doing and are there any just
  891. on that note what Neil was saying are
  892. there any particular frameworks which is
  893. going on in European Union which are
  894. which are good which making like for
  895. example we were looking at couple of
  896. acts driven by European Union and
  897. there are couple of funds which are for
  898. EV and making sure that the EV is going
  899. in the right direction. are you able
  900. to take advantage of that somehow?
  901. I think we were used to have these
  902. things a couple of years ago in the
  903. course of the green deal.. But in my
  904. subjective perception these things
  905. so for example giving CO2 a price
  906. certain price or going into I don't
  907. know 20 35 clear strategy of incentives
  908. some incentives these things are getting
  909. more and more delayed right yeah yeah
  910. you mentioned how you see the
  911. policies here in Europe how do you see
  912. that is being developed in Asia for
  913. example China or in the states how do
  914. you see the like comparison these three
  915. markets that's a difficult question so
  916. I feel like that for example in China
  917. that they have the feeling that
  918. the big chance was coming now right
  919. because they what what they perceive is
  920. a western world which is not clear about
  921. the strategy. And that means that they
  922. have a huge chance about going only
  923. into one field of technology. Yeah. And
  924. this is electric vehicles. Yeah. and
  925. they already have so many tech
  926. companies, very substantiated, very
  927. well-known tech companies over there.
  928. and this can be extended but only by
  929. going into one technology. And this is a
  930. huge chance. Of course, this is
  931. incentivized strongly by policy makers
  932. with subsidies and whatever, but this
  933. leads to very strong numbers in I
  934. think they have right now
  935. 37% of all newly licensed
  936. vehicles are full electric vehicles.
  937. Wow. So, and then you have a certain
  938. amount of hybrid vehicles as well. So I
  939. guess you're already more at more than
  940. 50% of electrified vehicles which are
  941. getting newly licensed. These are very
  942. strong numbers.
  943. Yeah. And in the states, how do you say
  944. it? I think in the states, so we were
  945. having a look at the numbers just
  946. before that podcast. you have around
  947. about 10% of newly licensed cars which
  948. are fully electric and in Europe around
  949. about 20 or 15 to 20%. Okay. So
  950. that's significant gap. Yeah. And also
  951. apart from regulatory barriers, are
  952. there any other barriers that you're
  953. facing that can be overcome somehow?
  954. what what are the challenges that you're
  955. facing in the market? The challenges
  956. that we're facing in the market. So I
  957. think the other challenges are pretty
  958. much operational challenges and they can
  959. be overcome by by by good and innovative
  960. and ambitious companies. For
  961. example, it's it's like when when we're
  962. building infrastructure, then we always
  963. have the topic of do we get
  964. sufficient net operation infrastructure
  965. or net operation
  966. capacities because you need to have
  967. cables beneath the earth, right? So
  968. that's that's a quite physical topic,
  969. right? It's not like that you say, oh,
  970. you would like to have a 300 kW charger
  971. over there and just do it. No, you need
  972. to have the power for that and that
  973. means it needs alignment with flat
  974. operating companies., but this is in
  975. my view very very operational and can
  976. be overcome with or by ambitious
  977. companies. Yeah. Yeah. And young
  978. companies too. something that we
  979. want to address that is a big challenge
  980. but it's to reach these small
  981. companies we which are making innovation
  982. and to showcase them to energy
  983. transition is also with new companies
  984. young companies that can are more agile
  985. they are with this with all tools with
  986. AI with all innovation so yeah this is
  987. something that we share this vision
  988. that they have to be showcased somehow.
  989. Yeah, they have to but they are small
  990. and hidden around so and spread so we
  991. want to that's why your initiative is so
  992. great.
  993. Hey Corby, before we get into the
  994. clothing arguments, I want to tell
  995. everyone at well that I've been an
  996. ambassador of KW Solutions for already
  997. for one and a half years. I have a
  998. t-shirt of KW Solutions which which is
  999. which is super and fits me very well and
  1000. I hope you're going to give me more.
  1001. Yeah. Can we bring this into the
  1002. video as well?
  1003. You can see it's it's fantastic. So
  1004. yeah, it I think we covered a lot of the
  1005. industry. We really admire your vision
  1006. and ambition with this. It's a
  1007. climate change is a huge huge battle. So
  1008. it's necessary to be together and to
  1009. work together and collaborate. So
  1010. maybe you can what is your that how this
  1011. inter industry will evolve in
  1012. Austria? That's a I would say but a very
  1013. interesting question. So deriving it
  1014. from my personal perception and from my
  1015. personal understanding I would say so
  1016. for me personally this is the
  1017. absolute sweet to work at. Why?
  1018. because it is as we said it in the
  1019. beginning right it is somehow a
  1020. intersection of doing something good for
  1021. the world helping in somehow
  1022. accelerating the mobility and energy
  1023. transition which is absolutely necessary
  1024. on the one hand and on the other hand
  1025. you have all these business related
  1026. topics like how to ramp up the
  1027. company properly how to somehow make it
  1028. profitable right these are very very
  1029. business and related topics, which is
  1030. super exciting. And with doing green
  1031. tech, these two components can be
  1032. somehow combined. And this makes it
  1033. for me as a somehow liberal person
  1034. who who likes the environment a lot.
  1035. makes it super exciting and
  1036. interesting. Amazing. And what are your
  1037. goals for KW solutions in the next
  1038. years? So we want to keep on the
  1039. track where we are currently at. So we
  1040. want to get more and more charging
  1041. stations into our systems. We want to
  1042. build more and more multif family houses
  1043. and we want to help our end customers
  1044. for especially in the in the multif
  1045. family houses by understanding energy
  1046. markets in a better way on the one hand
  1047. and on the other hand saving money with
  1048. each and every charging transaction. So
  1049. I guess this is the big
  1050. goal. We want to help our customers
  1051. by saving money in each and every
  1052. charging transaction because this is the
  1053. best fundament for making the
  1054. mobility
  1055. transition unreal. That's amazing. And
  1056. on that note I want to thank you
  1057. Corby for doing this interview and we
  1058. see the vision of KW solution. And it's
  1059. pretty much that should be vision within
  1060. of everyone to have the energy
  1061. transition and accelerate it as much as
  1062. we can. Thank you and it's been an
  1063. honor. Thank you.
  1064. Thank you for joining us. Thank you for
  1065. having for having us in this
  1066. in your office and we invite the
  1067. community to stay tuned for the next
  1068. interviews with amazing people as
  1069. Corby and his team. So keep keep an eye
  1070. on these guys. Okay. So see you in the
  1071. next episode. Thank you. Thank you.
  1072. Thank you.