OVO launches vehicle-to-grid charger
20 April 2018
Author: Sean Keywood
Technology firm OVO has unveiled what it says will be the world's first widely available, domestic electric vehicle-to-grid charger.
It will enable surplus energy from electric vehicles (EVs) to be sold back to the grid via OVO's VCharge system.
This will help supply energy to the grid at times of peak demand and optimise vehicle charging to take advantage of cheaper electricity when it is available, and when there are more renewables in the system.
OVO says drivers using the system may never have to pay to be on the road again.
The firm is also launching a smart charger which, like the vehicle-to-grid solution, will enable charging during off-peak hours.
OVO CEO and founder Stephen Fitzpatrick said: "Renewable energy and EVs are perfect partners for the 21st century.
"We're launching the world's first widely available vehicle-to-grid charger, helping to solve one of the biggest challenges facing the energy sector.
"We're enabling thousands of EV batteries to help balance the grid in times of peak demand, more renewable energy to come onto the system, and households to reduce their electricity bills."
The vehicle-to-grid charger will be rolled out from summer 2018 for up to 1,000 Nissan Leaf and e-NV200 drivers as part of a two-year trial.
The VCharge system remotely connects distributed flexible electrical devices and aggregates them into a virtual power plant capable of reacting as a whole to changes in demand and supply.
OVO says this could facilitate more renewable energy generation and supply without the need for costly infrastructure investment.