V2G outlook

Multiple drivers are combining to allow battery capacity in electric vehicles to be used as a grid asset through vehicle-to-grid technology, writes George Hilton, senior analyst for energy storage at IHS Markit. Vehicle-to-grid tech could offer low-cost energy storage at a huge scale, but there are many barriers to overcome.

Issue 08-2021

Given that costs of bidirectional EV chargers are rapidly falling, the use of electric vehicle batteries to support the grid could could become much more cost-effective than building out stationary battery storage.

Image: Radic/Flickr

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