Car batteries can optimize the power grid

Australian researchers have found that if 10% of vehicles are electric and utilize V2G connections, they could reduce peak electricity demand at local substations by 6% and save car owners hundreds of dollars per year on charging costs. Research from Australia suggests that employing electric vehicle-to-grid (V2G) connections at a 10% penetration rate can reduce peak demand charges for local substations by 6% and substantially lower fueling costs for electric vehicle (EV) owners. However, without proper management, EV penetration levels above 20% could negate those benefits. The study, 'Network ...

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