Vehicle-To-Grid

1. Problem: Unidirectional Grid-To-Vehicle Charging   

Fossil fuels from internal combustion engine vehicles as well as electricity generation from coal and natural gas emit greenhouse gases that cause global warming. To decarbonize transportation and electricity, renewable energy sources are needed. Since the sun and wind are not always present, energy must be used immediately or stored. Upgrading residential and commercial buildings with battery storage is expensive and time-consuming. The batteries inside electric vehicles (EVs) provide an opportunity for power without resorting to fossil fuel sources. However, traditional grid-to-vehicle (G2V) charging stations are unidirectional. 


2. Solution: Bidirectional Vehicle-To-Grid Charging

Vehicle-to-grid (V2G) technology provides bidirectional charging for plug-in EVs, battery EVs, plug-in hybrids, and hydrogen fuel cell EVs. V2G provides drivers demand response services with the ability to send electricity into an EV battery as well as sell this energy back to the grid. EV batteries are the most cost-efficient energy storage solution since no new hardware investment is needed. With broad deployment, V2G could improve grid stability and reduce stress to meet peak demand from renewable sources. This will ultimately reduce carbon emissions on the journey to net-zero. Key features include:

— V2G EV charging equipment enables the flexible two way flow of electricity. 
— EV drivers select charging or selling electricity to the grid with a mobile application. 
— Drivers set minimum charge levels, plus view charging updates and history. 
— The charge management system enables and monitors V2G charging features. 
— Drivers save money via credits to reduce the total cost of ownership in participating markets.
— Using EVs for grid storage may impact battery life based on a finite number of charges.

Vehicle-to-everything (V2X) expands use cases to include vehicle-to-home (V2H), vehicle-to-building (V2B) and vehicle-to-grid (V2G). The V2X ecosystem at scale can reduce the need for new power plants by tapping into EV batteries as distributed energy sources.


3. Stakeholders

The stakeholders in the V2G ecosystem include: 

— Charging Station Hardware Manufacturers: Dcbel and Coritech Services manufacture and sell residential fast chargers with V2G features.
— Charging Software Integrators: Virta provides V2G charging integration services for businesses. The mobile app allows an EV battery to remain 70-90% charged. 
— Car Manufacturers: Nissan is the only major manufacturer making V2G compatible cars with the Leaf and e-NV200. Other manufacturers are conducting V2G research and development. 
— Consumers: Drivers must buy EVs with V2G charging capabilities and enable these features. 
— Real Estate: Public and private site owners must approve V2G charging deployment. 
— Utilities: EDF is a Britain utility company that provides V2G charging energy bill savings. Other utility companies globally must develop and implement V2G programs.
— Policymakers: V2G incentives must be developed to spur adoption by market participants. 


4. Implementation

Significant market development is required before V2G can be deployed at scale to meet peak energy demand. Key challenges for V2G include:

1. The adoption of V2G standards by the majority of car manufacturers for future car models.
2. Utility network upgrade costs and standards for widespread bidirectional energy distribution. 
3. Policies that incentivize V2G public private partnerships. 

For car and utility companies that are currently V2G ready, the implementation steps include: 

1. Residential or business customers confirm V2G site feasibility with the utility company. 
2. Customers complete any utility grid interconnection requirements. 
3. Once approved, customers purchase and install a V2G ready EV charging station.
4. Customers signup for a V2G digital service accessed by mobile app and dashboard. 
5. Customers receive credit for energy sold back to the grid. 

Sources:

— Virta, Vehilce-To-Grid: Everything You Need To Know: https://www.virta.global/vehicle-to-grid-v2g
— Vehicle-to-Grid (V2G) Explained: What It Is And How It Works: https://www.ovoenergy.com/guides/electric-cars/vehicle-to-grid-technology.html
— Dcbel: https://www.dcbel.energy
— Coritech Services: https://coritech.com/ev-chargers
— Nuvve: https://nuvve.com
— Kaluza: https://www.kaluza.com
— Nissan: https://www.nissan-global.com/EN/ZEROEMISSION/APPROACH/COMPREHENSIVE/ECOSYSTEM/
— EDF: https://www.edfenergy.com

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