Evolution of V2G: CPOs-Automotive OEMs-Utilities at the center of transition
About the Whitepaper
V2G technology, despite being in its early stage, is expected to alter not only the electric vehicle (EV) market, but the entire electricity market as well. So far, one of the biggest hurdles to V2G adoption has been a lack of V2G standard. However, with CharIN promising a new standard in 2025 and Automotive OEMs joining NACS (North America Charging Standard) in the USA, the landscape of V2G is going to drastically change very soon.
In this whitepaper, we take a deeper look at the possible use-cases leading to new revenue streams from V2G, key stakeholders (Automotive OEMs, Utilities, CPOs) trying to get a share of that revenue, and several simulated scenarios where one of them potentially leads the V2G space and can capture majority of this opportunity. The sections of the whitepaper include:
Overview of V2G Technology Today
- Growth of DC EV chargers globally
- Emergence of V2G as a technology
- Regulations Enabling V2G Integration
Use-Cases of V2G and Their Importance
- Renewable Curtailment Reduction
- Capacity Firming
- Frequency Regulation
- Congestion Management
- …
Key Stakeholders in the V2G Space
- CPOs/MSPs
- Utilities
- Automotive OEMs
Simulation Scenarios – Looking Ahead
- CPOs manage V2G as the sole aggregator
- Automotive OEMs control user’s V2G experience as an aggregator
- Utilities acting as a sole aggregator controling the V2G evolution
Related Articles
Electrifying Future: Emerging Trends and Strategic Targets in the Middle East
This infographic presents an overview of the burgeoning electric vehicle (EV) market in the Middle East. It highlights the region's ambitious targets and key trends to shift towards sustainable transportation. It explores how the Middle East is steering towards a...
US Elections: Consequences of a Second Trump Presidency for Energy Sector
The US is making strides to move away from fossil fuels and eventually decarbonize the energy sector. The White House aims to achieve 80% renewable energy generation by 2030 and 100% carbon-free electricity by 2035. On the other hand, for electric vehicles, it has set...
Sustainability Across Sectors: Highlights from GreenTech Festival 2024
Recently, I had the privilege to attend and present at the Greentech Festival, an excellent event in the realm of sustainability. This influential gathering left a profound impact, and I am delighted to share a comprehensive analysis of my experiences. The Greentech...
Related Articles
Electrifying Future: Emerging Trends and Strategic Targets in the Middle East
This infographic presents an overview of the burgeoning electric vehicle (EV) market in the Middle East. It highlights the region's ambitious targets and key trends to shift towards sustainable transportation. It explores how the Middle East is steering towards a...
US Elections: Consequences of a Second Trump Presidency for Energy Sector
The US is making strides to move away from fossil fuels and eventually decarbonize the energy sector. The White House aims to achieve 80% renewable energy generation by 2030 and 100% carbon-free electricity by 2035. On the other hand, for electric vehicles, it has set...
Sustainability Across Sectors: Highlights from GreenTech Festival 2024
Recently, I had the privilege to attend and present at the Greentech Festival, an excellent event in the realm of sustainability. This influential gathering left a profound impact, and I am delighted to share a comprehensive analysis of my experiences. The Greentech...
An Evolving Market: Rise of Electric Vehicles in Europe (2023)
This infographic examines the electric vehicle (EV) market in the European region. It highlights the current and forecasted EV market size of each vehicle type and the current and future trends in the light-duty and heavy-duty EV markets. European Electric Vehicles...