Electric vehicles could be a stabilising force for the grid, if their owners let them, which is why two charging companies are among the recipients of a new federal grant for supporting tech.

Jet Charge is running one of 14 projects that on Wednesday were awarded between $250,000 and $5 million a piece under the Albanese government’s new Grid Enhancing Technologies grant program.

The Jet Charge project is exploring how to wring network benefits from vehicle-to-grid (V2G) technology, following a two year Australian Renewable Energy Agency (ARENA) study that ended late last year.

This time the focus is on using electric vehicles (EVs) as batteries on wheels to power homes and support the grid during periods of peak demand.

Charge Hub Australia is the other EV company on the list and is looking into how dynamic pricing can change when people charge their EVs.