Britain is awarding almost GBP30m (US$37m) to support vehicle-to-grid (V2G) technologies, which could allow electricity to be delivered back to the smart grid.
The funding has been awarded to 21 V2G projects, to pay for research and design and development, with the aim of exploring and trialling both the technology itself and commercial opportunities.
The schemes, including one from EDF Energy’s V2GO, will demonstrate how energy stored in electric vehicle batteries could be borrowed by the electricity system during peak hours, before being recharged during the off-peak in time for the driver’s next journey.
Case study:
Led by EDF Energy R&D UK, the V2GO is a large scale demonstration of V2G charging in Oxford using 100 electric fleet vehicles (cars and vans) from a number of organisations including several delivery and taxi companies.
The project will develop, trial and evaluate potential business models for fleet operators’ use of electric vehicles and their suitability for vehicle to grid (V2G) charging.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe consortium is made up of eight organisations with expertise in energy and power markets and systems, fleet operation value chains and electric mobility: EDF Energy R&D UK, University of Oxford, Oxfordshire County Council, Arrival, EO Charging, Upside Energy, and Fleet Innovation.
At the same time these electric vehicles will provide a cleaner alternative to many of the fleet vehicles operated in UK cities, including Royal Mail vans and Addison Lee taxis.
“As the number of electric vehicles grows and their battery capabilities increase, there is a huge opportunity for them to make a significant contribution to a smart grid,” said UK Transport Minister, Jesse Norman.
“These projects are at the cutting edge of their field. Just like the visionary designs of Brunel and Stephenson in transport, they could revolutionise the ways in which we store and manage electricity, both now and in the future.”