Electric Cars could earn $12,000 in a single year with vehicle-to-grid tech



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A recent study conducted by the Australian Renewable Energy Agency (ARENA) has revealed compelling insights regarding the potential of electric vehicles (EVs) to provide Frequency Control Ancillary Services (FCAS) to the National Energy Market (NEM), projecting revenue generation of up to $12,000 per vehicle within a single year. These remarkable findings are detailed in a comprehensive report titled “Insights from the Realising Electric Vehicle-to-Grid Services Project,” which delves into EV charging behaviors, bidding capacities, and the feasibility of fleet operators participating in FCAS markets through Vehicle-to-Grid (V2G) technology.






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