New report says electric cars could replace 20 gas power stations during peak teatime demand
Wed 05 April 2023
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A new report from the Energy & Climate Intelligence Unit (ECIU) says that the roll-out of vehicle-to-grid technology in electric vehicles could play a vital role in balancing the national grid and lead to cheaper electricity bills for all UK consumers.
Electric vehicle batteries could complement trials by Britain's biggest energy suppliers who, at the request of National Grid, have been incentivising their customers to cut back on their electricity demand during peak periods, typically 4-7pm.
ECIU's report says that making use of the batteries available in the UK’s growing fleet of electric vehicles could mean considerable savings for the owners of V2G-capable EVs, with the driver of even a small Nissan Leaf earning up to £850 a year by selling electricity back to the grid at times of peak demand next year.
ECIU says, however, that the extent to which these savings are realised will be determined by the speed at which V2G-capable electric vehicles are introduced on the UK’s roads.
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