Solar Energy Show

Vehicle To Grid (V2G) – Not So Fast

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Sinopsis

Copyright 2020, The Energy Show - Barry Cinnamon There are two segments of the renewable energy industry growing like crazy (in addition to solar), electric vehicles and home battery storage systems.People are installing battery storage systems for two reasons. First, batteries avoid sky-high peak electricity prices ($0.50/kwh from 4 to 9pm here in Silicon Valley). Second, batteries provide reliable backup power during increasingly frequent blackouts. The switch to NEM 3 is creating the biggest rush to install battery systems that I have every seen. Customers with EVs often ask: “When can I use that big lithium-ion battery in my car to power my house?" It’s a natural question to ask since Ford showed that Vehicle to Grid (V2G) capability in one of their Mach-e commercials. Ford is also promoting V2G capability with their upcoming Lightning pickup truck. The perception is that V2G is ready for prime time. As they said on the Six Million Dollar Man: "We have the technology." But not so fast. There are two bi