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CleanTechnica28 days ago

Transforming EVs & Charging Stations into Virtual Power Plants

Key Takeaway

EVs and charging stations are evolving into flexible grid assets, offering new revenue streams and grid stability opportunities for those who integrate V2G technology.

AI Summary

  • The article highlights the long-standing development of Vehicle-to-Grid (V2G) technology, enabling Electric Vehicles (EVs) and charging stations to function as Virtual Power Plants (VPPs).
  • For developers and large power consumers, this signals an emerging opportunity to monetize EV fleets or charging infrastructure by providing grid services, potentially generating revenue or reducing energy costs.
  • The focus on V2G technology underscores a growing trend towards integrating distributed energy resources (DERs) and demand-side management into grid operations, impacting future capacity and transmission planning.

Topics

capacity-marketinterconnectstoragetransmission

Article Content

Nearly a decade ago, I gave a presentation at EVBox’s rEVolution conference in Amsterdam. One of the other presenters at the even was the head of The Mobility House, founder and then-CEO Thomas Raffeiner. The company’s focus: vehicle-to-grid technology. It was clear he and The Mobility House had been working ... [continued] The post Transforming EVs & Charging Stations into Virtual Power Plants appeared first on CleanTechnica .