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Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks

Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks “There are already many Gigawatt-hours of batteries on wheels”, which could be used to provide balance and flexibility to electrical grids, if the “ultimate potential” of vehicle-to-grid (V2G) technology could be harnessed. That’s according to a panel of experts and stakeholders convened by our sister site … Continue reading Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks

Second-life EV battery market to grow to $4.2 billion by 2025

Second-life EV battery market to grow to $4.2 billion by 2025 Circular Energy Storage, a London-based research and consulting group, reports a strong business case for reconstituted electric vehicle batteries for energy storage applications. As the EV and static storage system markets grow rapidly, synergies could be a useful tool for continued cost optimization. According … Continue reading Second-life EV battery market to grow to $4.2 billion by 2025

The Energy Companies Fighting For EV Charging Dominance

The Energy Companies Fighting For EV Charging Dominance Oil companies and utilities won’t dispute that electric vehicles are on the cusp of becoming mass market. Their battle will be more over which business will dominate the booming charging infrastructure that will go along with it. BP and Shell have charging company acquisitions in the works, … Continue reading The Energy Companies Fighting For EV Charging Dominance

EVs Could Save #California Billions in Energy Storage Investment

EVs Could Save California Billions in Energy Storage Investment Strategic EV charging could ease the “duck curve” more than California’s energy storage mandate, according to DOE researchers. Electric vehicles could become a vital asset for California grid operators who are struggling to bring more renewables online. The state’s rapid adoption of solar power is contributing … Continue reading EVs Could Save #California Billions in Energy Storage Investment

Utilities join with #Tesla to sue EPA over fuel standard rollback

Utilities join with Tesla to sue EPA over fuel standard rollback Electric vehicles are a key area of growth for electric utilities, many of which have seen their power demand stagnate or decline since the 2008 recession. Charging an EV, experts say, typically doubles the electricity consumption of a small residential customer. But EV proponents … Continue reading Utilities join with #Tesla to sue EPA over fuel standard rollback

Utilities must adapt before electric cars drive off with their business

Utilities must adapt before electric cars drive off with their business Recent advancements in energy technology should come as a wake-up call to Canadian utility companies. The rise of electric vehicles (EVs) in particular is already an indicator of change as batteries become more affordable, ubiquitous and desirable. According to the World Energy Markets Observatory … Continue reading Utilities must adapt before electric cars drive off with their business

Using Flywheel Batteries to Charge Electric Vehicles in Ten Minutes

Using Flywheel Batteries to Charge Electric Vehicles in Ten Minutes Chakratec Ltd., an Israel-based battery startup, raises $4.4 million as it tackles some of the last obstacles holding back electric cars Even as electric vehicles appear to be on the verge of going mainstream, there are at least two major roadblocks holding back the technology. … Continue reading Using Flywheel Batteries to Charge Electric Vehicles in Ten Minutes