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.
The study, ‘Network tariffs for V2G,’ conducted by enX and commissioned by the Australian Renewable Energy Agency (ARENA), aimed to explore the interaction between dynamic electricity and network tariffs (which are real-time, similar to wholesale pricing tools) and the increasing number of EVs connecting to the grid.
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