1. V2G Enabled PEV's to Expand Steadily to 2020

    V2G Enabled PEV's to Expand Steadily to 2020

    Vehicle-to-grid (V2G) technologies have been in development since the beginning of the modern electric vehicle era, but are only now beginning to emerge in revenue-generating applications, according to Navigant Research. Though negligible today, the market for plug-in electric vehicles (PEV) equipped with vehicle-to-grid (V2G) technologies -- which enable the vehicles to participate in ancillary services for the power grid -- is predicted by Navigant to expand steadily in the coming years.

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  1. Quotes

    1. Plug-in electric vehicles can provide services to the grid by changing the rate at which they consume power, thereby reducing peak loads, or by providing power back to the grid, helping to balance loads on the grid.
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