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Dive Brief:
Vehicle-to-grid integration could deliver five to 15 times more value per electric vehicle in many electricity markets than one-way managed charging, according to a new study commissioned by General Motors.
The nationwide potential value of vehicle-to-grid integration will reach approximately $7 billion by 2030, the energy modeling consultancy E3 said in the study.
Despite a drop in new EV sales this year and limited utility adoption of full-scale V2G charging programs, GM says “bidirectional-capable” EVs that can both charge from and discharge into the electric grid are set to become more common in the years ahead.
