Report: Understanding the True Value of V2G
Vehicle-to-Grid (V2G) is a system whereby electric vehicles plugged into a chargepoint can provide bi-directional flows of energy. It can turn your electric vehicle into a mobile battery store. It can help power your home or office in an eco-friendly manner. In turn it can reduce electricity bills, help the electricity grid and generate revenue when used with smart control.
One of the biggest challenges limiting the wide-spread adoption of V2G is the availability of clear data on the costs and opportunities for V2G, as required to build an effective business case.
This new report, produced by Cenex, contains a summary of some of the work performed by the organisation under the Innovate UK funded projects V2G-Britain, Sciurus and EV-elocity, aiming to address the challenges.