Fleet News

Whitepaper shows economic benefits of vehicle-to-grid technology

Nissan, E.ON Drive and Imperial College London have published a whitepaper exploring the benefits of bi-directional charging electric vehicles (EVs).

The whitepaper suggests that fleets using vehicle-to-grid (V2G) charging could could expect to cut electricity operating costs by up to £12,000 per annum per EV and reduce CO2 by approximately 60 tonnes per annuam per EV.

Meanwhile, annual fleet V2G charging benefits could range between £700-£1,250 per vehicle, it says.

It estimates an overall power system cost saving of £410m-£885m per year during the next decade from offsetting capital and operational expenditure.

Andrew Humberstone, managing director of Nissan Motor GB, said: “There is enormous potential in vehicle-to-grid to deliver huge savings, both in financial terms for electricity system operators and vehicle fleets, and in environmental terms, by significantly cutting CO2 emissions across the UK power system. Nissan is at the forefront of efforts to realise this potential.”

The whitepaper is calling for the introduction of incentives to accelerate widespread adoption of V2G charging systems.

It also addresses some of the challenges that will be faced in the early days of V2G, particularly around creating a reliable business case in the context of evolving energy markets and regulation.

Nissan, E.ON Drive and Imperial College are partners in a commercial fleet V2G project – known as e4Future, which aims to demonstrate how electric vans and cars can support the UK grid and provide a profitable and sustainable solution for business fleets.

The e4Future project is part of the V2G competition, funded by the Department for Business, Energy and Industrial Strategy (BEIS) and the Office for Zero Emission Vehicles (OZEV), in partnership with Innovate UK, part of UK Research and Innovation.

Professor Goran Strbac, chair in electrical energy systems at Imperial College London, said: “Our research has demonstrated that V2G can provide very substantial economic benefits to the power system as well as reduce carbon emissions.

“This revealed that the additional flexibility provided by V2G fleets can considerably improve system efficiency and reduce investment in new low-carbon generation, while meeting national decarbonisation targets.”

Publication of the whitepaper follows news in August of the first large-scale V2G trial involving 20 chargers installed at Nissan’s European Technical Centre in Cranfield

For more information about how businesses with fleets can get involved with V2G, visit www.eonenergy.com/v2g.

In January 2018, BEIS and OZEV announced that 21 projects (eight feasibility studies, five collaborative research and development projects, and eight real-world V2G trial projects) were to receive funding of £30 million to develop the business proposition and core technology to support V2G deployment in the UK, including its demonstration with large-scale trials.

The projects involve more than 50 industrial partners and research organisations from both the energy and automotive sectors, marking the largest and most diverse activities on V2G in the world, and trialling more than 1,000 vehicles and V2G charger units across UK.

V2G technology

V2G technology allows electricity to flow in both directions to and from electric vehicle batteries, allowing energy stored in the battery to be sold back to the grid when demand for power is high.

Vehicles can then charge when demand is lower or renewable generation is high, reducing reliance on fossil-fuelled generation and giving V2G a role in carbon reduction efforts. It can also release capacity on the electricity networks which distribute power around the country.

Fleet vehicles are often uniquely suited to V2G applications, due largely to regular and predictable usage patterns, and the fact that they often return to base at the end of the working day, where they sit idle overnight.

This provides perfect conditions for V2G to utilise the energy stored in their batteries, before ensuring the vehicles are fully charged and ready for use again the next morning.

Click here for electric cars and hybrids best practice and procurement insight

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Related content

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee