The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Volkswagen and Elia Group partner on V2G programme in Germany

LinkedIn
Twitter
Reddit
Facebook
Email

Volkswagen subsidiary Elli and transmission system operator (TSO) Elia Group have partnered to explore the potential of vehicle-to-grid (V2G) technology.

The two companies have signed a memorandum of understanding (MOU) to work on integrating EVs into the electricity system. Together with Elia’s spinout organisation re.alto, which provides data solutions in the energy space, the pair have agreed on joint activities to highlight the benefits of integrating EVs into the grid.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The first area under the scope of the MOU is price signals and incentives. This will explore the ways that price signals can enable and incentivise owners to use their EVs as decentralised energy storage capacity through V2G technology to support the electricity grid.

The second area is market design. This means exploring how to give consumers freedom of choice when it comes to their energy supplier when charging their EV, regardless of where they are charging from. Aims include the removal of barriers that prevent EV fleets and consumers from choosing their supplier, smart charging service provider and aggregator at charging stations.

The third area is ensuring that data from EVs concerning their energy storage potential is reliable and secure for the power system. The fourth covers data security and safe connectivity, which means exploring mechanisms that allow the safe transmission of data, as well as defining roles and responsibilities related to steering the charging behaviour of e-vehicles whilst ensuring connectivity remains robust.

Chris Peeters, the CEO of the Elia Group, said: “The rapid rise in electric vehicles is reinforcing the need for cooperation between the electricity and mobility sectors. We want to enable the increasing number of EV users to charge their EVs while keeping the electricity system in balance.”

“As a next step, the batteries of these cars will also be able to be used in such a way that they will contribute to the overall levels of energy comfort experienced by end users. Elli shares the same vision of the future regarding electric mobility as us and also has a strong focus on digital innovations. In the context of sector convergence, we are therefore the ideal partners to develop digital consumer services together.”

Read Next

April 24, 2024
Dublin-listed compressed air energy storage (CAES) project developer Corre Energy has hired investment bank Rothschild to explore the possibility of private investment in the firm.
Premium
April 23, 2024
The energy storage arm of Canadian Solar said the technology ‘has more complexity than solar’ when it comes to nearshoring manufacturing away from China, and local cell manufacturing could be part of the long-term strategy to leverage domestic content incentives.
Premium
April 23, 2024
Energy-Storage.news Premium speaks with Michael Phelan, CEO of energy management solutions provider GridBeyond, following €52 million Series C funding round.
April 22, 2024
Dutch developer Giga Storage has received a permit for construction for its 600MW/2,400MWh BESS project in neighbouring Belgium and will choose the BESS technology provider after summer.
Premium
April 18, 2024
The CFO of Goldman Sachs-backed US battery storage developer-operator GridStor discussed its recent investment tax credit (ITC) transfer deal for a California BESS project, highlighting some downsides as well as positives from the new mechanism.

Most Popular

Email Newsletter