HOW PLUG-IN CARS GET MORE NEW ENERGY ON THE GRID

Vehicle Grid Integration; VGI Applications for Demand Response, Frequency Regulation, Microgrids, Virtual Power Plants, and Renewable Energy Integration

1Q 2015 (Navigant Research)

“…Today’s [Plug-in electric vehicles (PEVs)] represent a significant increase in electricity demand that, if unmanaged, could cause problems with distribution-level transformers and could drastically increase demand during peak hours when PEV owners return from work and plug in their vehicles. The effect would force utilities to make upgrades to distribution networks that would likely be passed on in the form of higher rates to consumers…[But they] also represent an increase in load that could be used to capture renewable electricity generation and help balance generation with demand, theoretically making electricity marginally cheaper and cleaner. Vehicle grid integration (VGI) technologies, which have been in development since before the Volt and LEAF were first sold…[W] ith global sales surpassing 320,000 in 2014, pilots testing VGI technologies are emerging with greater frequency. According to Navigant Research, PEVs participating in VGI services are expected to provide nearly 4.2 GW of power to grids globally by 2024 under an aggressive scenario…” click here for more

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