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Whitepaper shows economic benefits of vehicle-to-grid technology

Click the thumbs up >Nissan, E.ON Drive and Imperial College London have published a whitepaper exploring the benefits of bi-directional charging electric vehicles (EVs). The whitepaper suggests that fleets using vehicle-to-grid (V2G) charging could could expect to cut electricity operating costs by up to £12,000 per annum per EV and reduce CO2 by approximately 60 tonnes per annuam per EV. Meanwhile, annual fleet V2G charging benefits could range between £700-£1,250 per vehicle, it says. It estimates an overall power system cost saving of £410m-£885m per year during the next decade from offsetting capital and operational expenditure. Andrew Humberstone, managing director of Nissan Motor GB, said: “There is enormous potential in vehicle-to-grid to deliver huge savings, both in financial terms for electricity system operators and vehicle fleets, and in environmental terms, by significantly cutting CO2 emissions across the UK power system. Nissan is at the forefront of ef

Electric/Hybrid - Nissan, E ON Drive and Imperial College highlight the benefits of Vehicle-to-Grid technology - Renewable Energy Magazine, at the heart of clean energy journalism

A White Paper published today - the result of a major collaboration involving carmaker Nissan, E.ON Drive and Imperial College London - explores how the bi-directional charging capability of electric vehicles (EVs) could contribute to lower emissions and help achieve long-term goals in relation to climate change. Courtesy of Nissan The White Paper offers supporting recommendations and calls for the introduction of incentives to accelerate widespread adoption of vehicle-to-grid (V2G) charging systems, enabling potential benefits to be unlocked. It also addresses some of the challenges that will be faced in the early days of V2G, particularly around creating a reliable business case in the context of evolving energy markets and regulation.

Vehicle-to-Grid rollout could deliver £880m in annual savings

Vehicle-to-Grid rollout could deliver £880m in annual savings Innovative Vehicle-to-Grid (V2G) projects, whereby electric vehicles (EVs) act as a form of distributed energy storage, could deliver cost savings of up to £880m annually while reducing emissions from power networks, according to new research. Research found that up to £1,250 in business benefits could be gained per vehicle. Image: E.ON Research published through a collaboration involving carmaker Nissan, energy giant E.ON and Imperial College London has outlined the economic and environmental benefits that can be delivered by a rollout of V2G technology. V2G is a concept that enables plug-in vehicles to act as a form of distributed energy storage by providing demand-response services to the power grid. The batteries in parked vehicles can be used to let electricity flow from the car to the distribution network and back based on demand needs.

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