Austrailia rolls out V2G nationwide standard ... its coming
Austrailia rolls out V2G nationwide standard ... its coming
In the video "Vehicle-to-Grid is FINALLY Here! Turn Your EV Into A Power Station!" published on the Everything Electric Show's YouTube channel, host Robert Llewellyn explores the advancements in Vehicle-to-Grid (V2G) technology. V2G allows electric vehicles to not only draw power from the grid but also to supply energy back, effectively transforming EVs into mobile power stations.
This innovation has the potential to enhance energy efficiency and provide additional power sources during peak demand times. Llewellyn discusses the current state of V2G implementation, its benefits, and how it can contribute to a more sustainable energy future.
The video discusses potential savings for consumers through Vehicle-to-Grid (V2G) technology. By enabling electric vehicles to supply power back to the grid during peak demand periods, V2G can help reduce electricity bills and provide additional income for EV owners.
For example, in Australia, early adopters of V2G have reported offsetting power bills and even earning profits by selling electricity back to the grid during peak times.
Similarly, in California, integrating EVs into the power grid is projected to save $1 billion in energy costs annually, with drivers potentially earning up to $500 a year by selling energy back to the grid. These examples illustrate the financial benefits that V2G technology can offer to consumers.