News
The role of electric vehicles (EVs) in flexibility markets
Since 2021, V2Market, the innovative service to incorporate EV batteries into the electricity system as storage and flexibility capacity, has explored the possibilities that Vehicle-to-Grid (V2G), Vehicle-to-Building (V2B) and bidirectional (V2H) technologies can contribute the wholesale and local electricity markets in Spain and Europe.
V2Market – 2022 Events
Throughout 2022, V2Market took part in some of the most important and innovative events driving the clean energy transition. This provided a unique opportunity to discuss with a wide audience the importance of bidirectional charging and flexibility services that electric vehicles can provide to the power system.
The V2M concludes the first market study to commercialise the joint use of V2B and V2G services
This information will be used by the V2Market project to identify ways through which to make Vehicle-to-Building (V2B) and Vehicle-to-Grid (V2G) services affordable, accessible, and beneficial to all. Simultaneously, it will showcase and quantify how V2B/V2G can boost environmental sustainability and emerge as an economically profitable business opportunity for electric vehicle (EV) owners, fleet managers, energy retailers, grid operators, energy communities, ESCos and aggregators.