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

Viking Thumbnails (1)

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.

Posted in

The Electric Viking

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
Scroll to Top