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Evolution of V2G: CPOs-Automotive OEMs-Utilities at the center of transition

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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

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