With transport making up over 19% of Australia’s total emissions, we need to rapidly decarbonise our transport networks. Battery Electric Vehicles (BEVs) present a compelling alternative, in many use cases, to today’s fossil fuel-powered vehicles and are unlocking a future which can help support our energy grid through bidirectional charging to the grid – otherwise known as Vehicle-to-Grid (V2G).
Insights extract
Bidirectional charging technology has the potential to provide Vehicle-to-Grid (V2G) services that deliver financial benefit to consumers and support the electricity grid in times of need.
Two new reports commissioned by ARENA explore these potential benefits. The Insights from the Realising Electric Vehicle-to-Grid Services Report explored how EVs could participate in Frequency Control Ancillary Services (FCAS) markets, finding that EV fleet owners could generate significant revenue trading in FCAS markets.
ARENA’s Network Tariffs for V2G Report explored the optimal tariff arrangements for EVs to play a significant role in support Australia’s changing energy system. The report models V2G adoption scenarios, the grid impacts, and how network tariff policies can best support potential V2G customers.
