A new study from Europeโs clean transport & energy group Transport & Environment (T&E) has found that using the batteries in electric vehicles (EVs) to store energy and feed back into the grid could save hundreds of billions of dollars.
The promise of bidirectional charging โ which allows vehicle to grid (V2G) and Vehicle to Home (V2H) technology โ has become an increasingly attractive byproduct of the transition to EVs, creating the potential for a fleet of what T&E describes as โbatteries on wheelsโ to store excess electricity when it is cheap and in surplus, and sending it back to the grid when demand is high.
According to the report, bidirectional charging and V2G could save the European Unionโs energy systems โฌ22 billion annually by 2040, somewhere around $A35 billion.
This would be equivalent to an 8 per cent reduction on the cost of building and running the EUโs energy system, resulting in total savings of as much as โฌ175.45 billion (around $A290 billion).
The economic savings would be generated by helping to store excess renewable energy, avoiding the need for stationary storage by up to 92 per cent and allowing European grids to integrate up to 40 per cent more solar PV capacity, or as much as 430GW by 2040.
Moreover, by storing excess renewable electricity that would otherwise be lost, the report predicts that Europeโs EV fleet could contribute up to 9 per cent of the EUโs annual power needs by 2040, making EVs the fourth largest electricity โsupplierโ in the EU.
New study finds that using the batteries in electric vehicles (EVs) to store energy and feed back into the grid could save hundreds of billions of dollars.
A new study from Europeโs clean transport & energy group Transport & Environment (T&E) has found that using the batteries in electric vehicles (EVs) to store energy and feed back into the grid could save hundreds of billions of dollars.
The promise of bidirectional charging โ which allows vehicle to grid (V2G) and Vehicle to Home (V2H) technology โ has become an increasingly attractive byproduct of the transition to EVs, creating the potential for a fleet of what T&E describes as โbatteries on wheelsโ to store excess electricity when it is cheap and in surplus, and sending it back to the grid when demand is high.
According to the report, bidirectional charging and V2G could save the European Unionโs energy systems โฌ22 billion annually by 2040, somewhere around $A35 billion.
This would be equivalent to an 8 per cent reduction on the cost of building and running the EUโs energy system, resulting in total savings of as much as โฌ175.45 billion (around $A290 billion).
The economic savings would be generated by helping to store excess renewable energy, avoiding the need for stationary storage by up to 92 per cent and allowing European grids to integrate up to 40 per cent more solar PV capacity, or as much as 430GW by 2040.
Moreover, by storing excess renewable electricity that would otherwise be lost, the report predicts that Europeโs EV fleet could contribute up to 9 per cent of the EUโs annual power needs by 2040, making EVs the fourth largest electricity โsupplierโ in the EU.
New study finds that using the batteries in electric vehicles (EVs) to store energy and feed back into the grid could save hundreds of billions of dollars.
#Sudanโs Civil War Has Killed at Least 62,000. The True Figure May Be Far More.
"A profound humanitarian crisis is occurring in Sudan, characterized by ethnic cleansing, mass displacement, food scarcity and the spread of disease, complicated further by flooding in the northern states."
Wo hat Kamala Harris die Nase vorn, wo Donald Trump? Was genau passiert, wenn dieser eine Swing State kippt? Der Informationsdurst zur US-Wahl ist brennend. Stillen lรคsst er sich mit diesen neun sehenswerten Visualisierungen. Trump vs Harris: Spannende Grafiken zur US-Wahl 2024
Wo hat Kamala Harris die Nase vorn, wo Donald Trump? Was genau passiert, wenn dieser eine Swing State kippt? Der Informationsdurst zur US-Wahl ist brennend. Stillen lรคsst er sich mit diesen neun sehenswerten Visualisierungen. Trump vs Harris: Spannende Grafiken zur US-Wahl 2024
Der Deutsche Mieterbund und die Lobby privater Eiยญgenยญtรผยญmeยญr fordern gemeinsam einen Kurswechsel. Die Linkspartei geht einen Schritt weiter. https://taz.de/!6046616
Steuerbetrug und Schwarzarbeit? Razzias bei Netflix
Steuerfahnder in Amsterdam und Paris haben sich koordiniert und am Dienstag Netflix-Bรผros in Paris und Amsterdam durchsucht. Wohin gehรถren die Milliarden?โ
First North Korean troops come under fire in Kursk Oblast, Ukrainian official claims
The first North Korean soldiers stationed in #Russia's #Kursk Oblast to aid Moscow's war have come under fire, Andrii Kovalenko, the head of the counter-disinformation department at Ukraine's National Security and Defense Council, reported on Nov. 4.
The official did not provide any more details on the circumstances of the engagement or possible losses on the North Korean side.