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One thing often discussed when the cost of renewables is the raised is how storage costs aren't factored in. An additional piece of information I want to put ou
by kieranmaine 5y ago
One thing often discussed when the cost of renewables is the raised is how storage costs aren't factored in. An additional piece of information I want to put out there is the benefit that V2G (vehcile-to-grid) smart chargers will bring to the grid.
V2G smart chargers are two way smart chargers for EVs that not only charge an EV, but can also push energy from the EV into the grid, generating revenue for the EV ownder. A UK trial involving 300 V2G chargers recently ended and demonstrated that users can make an average of £325 annually (for more details see https://www.linkedin.com/posts/kaluza_findings-from-300-domestic-v2g-units-in-2020-activity-6806548789965398016-nA5q/ https://www.linkedin.com/posts/kaluza_findings-from-300-dome...).
This is great for consumers, but will also helps reduce the amount of dedicated grid storage needed to back up renewables. It doesn't address the issues of long-terms storage, but in terms of handling the daily peaks and troughs in demand it's an excellent tool.
- Arnt 5y agoTruly, storage is the colour of the bikeshed.
- kieranmaine 5y agoResidential storage has excellent potential to reduce peak demand on the grid. Take a look at page 109 on https://www.nationalgrideso.com/document/173821/download https://www.nationalgrideso.com/document/173821/download for some prediction on the impact of smart charging on the UK grid up to 2050. The current impact is indeed small, but with the adoption of EVs speeding up and an increasing amount of renewables on the grid, they'll have a material impact on reducing the cost to the consumer.