The State of Vehicle-to-Grid (V2G) in 2023

With most electric vehicles (EVs) parked at work or home all day, many may wonder whether they can act as distributed energy resources and support the grid. Surplus energy in EVs can be sold back to the grid instead of being stored, and this could be used to power millions of households when they need it most or support the grid during peak demand hours, which makes sense amidst a global energy crisis. With cars and vans parked for an average of 23 hours a day, the potential is great. This premium article introduces the vehicle-to-grid (V2G) technology, outlines challenges, and benchmarks global trials to provide an overview of the V2G market in 2023.