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Electrical grid: grid benefits from electric vehicles
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Pacific Gas and Electric Company (PG&E) and automaker BMW are teaming up to test the ability of electric vehicle batteries to provide valuable services to the electric grid. If successful, the pilot program could pave the way for significant utility payments that could stimulate further customer purchases of electric vehicles.
Demand response programs can save money by delaying the need to upgrade power lines, transformers and other equipment to handle infrequent peaks in demand. They can reduce the need to buy expensive and polluting fossil-fueled power to meet such spikes in demand. And, with further refinement, they may help utilities manage and smooth out the intermittent flow of energy from renewable sources such as wind and solar generation.
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