The UK Government has announced that it will plough £30 of investment into vehicle-to-grid (V2G) technology.
As part of its Industrial Strategy, the government is planning major investment into the research, design and development of V2G power.
The technology would allow the grid system to borrow the power from electric vehicles during peak hours, before recharging the vehicle again at off-peak times.
A case study of dense urban areas will be carried out first to determine how V2G vehicles would be used.
The project will also look to develop, trial and evaluate potential business models for fleet operators’ use of electric vehicles and their suitability for vehicle to grid (V2G) charging.
Jesse Norman, UK Government transport minister, said: As the number of electric vehicles grows and their battery capabilities increase, there is a huge opportunity for them to make a significant contribution to a smart grid.
“These projects are at the cutting edge of their field. Just like the visionary designs of Brunel and Stephenson in transport, they could revolutionise the ways in which we store and manage electricity, both now and in the future.”
Richard Harrington, UK business minister, added: “The UK’s automotive industry is a great British success story, and as set out in our ambitious Industrial Strategy we are determined to lead the way in innovative, low-emission vehicle production.
“We have shown that growing the economy while cutting emissions, can, and should, go hand in hand. Vehicle-to-grid technology provides another opportunity for the UK to showcase to the world our leading expertise in game-changing automotive and low carbon technologies.”
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