Why V2G is gaining momentum (7) – V2G Value to California (CA)

CA has a goal of 5 million ZEV on the road by 2030 

Assuming an EV cost of $25,000 (please Mr. Musk and VW); a 60-kWh battery and 10 kW charger. If these EVs were all bi-directional this would result in:

* 300 GWh additional storage capacity (Today appr. 4.2 GWh energy storage is procured in CA and 11 GW needed by 2030 (source: CESA)

* 50 GW potential extra peak power (equal today’s CA highest peak power of 50 GW)

* $125 billion invested by the EV owners at no cost to CA (grid owners, ratepayers)

* 23,000,000 tons of CO2 saved yearly

* Providing a crucial contribution towards CA’s energy resilience (The Energy Resilient Vehicle) https://www.linkedin.com/pulse/now-time-look-economic-incentives-california-should-ev-christensen

This should put pressure on CA decision makers to take advantage of this “very low cost” battery capacity. Only if they offer attractive tariffs and ease of interconnection can they tap into the great potential of V2G aggregated EV grid services. Grid operators will be competing with the BTM applications 

Regulatory actions and incentives are required to promote bi-directional EVs and infrastructure as well as pure market forces  

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