Nissan welcomes £9.8m vehicle-to-grid funding boost
A consortium of organisations including Nissan and the National Grid have welcomed a government-backed initiative that will set aside £9.8m for a vehicle-to-grid (V2G) demonstrator project.
The funding was announced by the Department for Business, Energy and Industrial Strategy minister Richard Harrington, and will see the installation of 1,000 Vehicle-to-Grid chargers as part of the e4Future project
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Vehicle-to-grid technology enables energy stored in plug-in electric vehicles to be fed back into the electricity grid to supply energy at times of peak demand.
Because up to 95% of cars are parked at any given time, vehicle-to-grid chargers would cut costs to both EV drivers and electricity networks, as well as increase grid resilience – something that’ll be equally important if EV numbers grow at their expected rate.
There has previously been concern whether the national grid would be able to cope with a surge in electric vehicle uptake, and V2G technology could potentially eradicate this issue if it was employed on a big enough scale.
Claire Spedding, head of business development at National Grid, said: “One thousand chargers will be installed over the next three years across the electricity networks.
“Part of the demonstration project will include assessing whether EV owners are incentivised enough financially to provide power back to the grid when required, and help determine if any regulatory or policy interventions are required.”
Nissan and a host of other partners will offer expertise and analysis across the whole vehicle-to-grid value chain. The chargers will be controlled by an aggregator and data will be collected to understand the technical characteristics of vehicle to grid charging for both the vehicles and the electricity networks.
Francisco Carranza, managing director of Energy at Nissan said: “Today, our electric vehicles are not just transforming the way we drive, but also the way we live […] they are an intrinsic part of the way we consume, share, and generate energy.
“Nissan has also reiterated its bold mission to offer customers free power for their EVs. V2G introduction will change the rules of the game and make energy cheaper for everyone.”
Other organisations involved in the project are V2G infrastructure provider Nuvve, the National Grid, the Northern Powergrid, UK Power Networks and Newcastle University.
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