In a landmark research report published by Ricardo and National Grid and created with the assistance of MediaTechnical, the market potential is demonstrated for an electric plug-in vehicle fleet of the future to provide balancing services to the power grid.
The report - Bucks for balancing: can plug-in vehicles of the future extract cash - and carbon - from the power grid? - is based on a research collaboration between a team of engineers from Ricardo and National Grid, the operator of the high voltage electricity transmission system within Great Britain (GB).
Key findings of the research include:
- Using demand side management alone, ...