CleanTechnica•3 months ago
Transforming EVs & Charging Stations into Virtual Power Plants
- •The article highlights the long-standing development of Vehicle-to-Grid (V2G) technology, enabling Electric Vehicles (EVs) and charging stations to function as Virtual Power Plants (VPPs).
- •For developers and large power consumers, this signals an emerging opportunity to monetize EV fleets or charging infrastructure by providing grid services, potentially generating revenue or reducing energy costs.
- •The focus on V2G technology underscores a growing trend towards integrating distributed energy resources (DERs) and demand-side management into grid operations, impacting future capacity and transmission planning.
storage