New technology which could see electric vehicles helping power homes and businesses is being boosted by almost £30 million in government funding.
This investment supports vehicle-to-grid (V2G) technologies that could enable electric cars and other vehicles to deliver electricity back to the smart grid, to light homes and power businesses.
The funding has been awarded to 21 V2G projects for research, design and development, to explore and trialling the technology and commercial opportunities.
These schemes, including Gloucester-headquartered EDF Energy’s V2GO scheme, will demonstrate how energy stored in electric vehicle batteries could be borrowed by the electricity system during peak hours, before being recharged during the off-peak in time for their drivers to set off on their next journey.
Using electric vehicles in dense urban areas like Oxford will significantly reduce local emissions and improve air quality, says the Government. Led by EDF Energy R&D UK, the ‘V2GO’ is a large-scale demonstration of V2G charging in Oxford using 100 electric cars and vans from a number of organisations including delivery and taxi companies.
The project will develop, trial and evaluate potential business models for fleet operators’ use of electric vehicles and their suitability for vehicle to grid (V2G) charging.
The consortium is made up of 8 organisations with expertise in energy and power markets and systems, fleet operation value chains and electric mobility: EDF Energy R&D UK, University of Oxford, Oxfordshire County Council, Arrival, EO Charging, Upside Energy, and Worcestershire-based Fleet Innovation.
The competition for government funding, run by Innovate UK, saw a host of winners including SSE Services, Nissan, OVO Energy, Octopus Energy, Cisco, Flexisolar and AT Kearney.