V2G
53666161 - electric vehicle charging station for home.

Japanese utility Chubu Electric Power and automaker Toyota Tsusho Corporation have partnered with Nuvve Corporation to implement a vehicle to Grid (V2G) pilot project.

Under the pilot, Nuvve has provided its Grid Integrated Vehicle platform GIVe to transform electric vehicles into grid assets to ensure the reliability of the grid network.

The US-based solutions firm is also guiding Japanese market regulations and providing Japan’s electrical system with solutions for managing their grid.

The project is funded by the Ministry of Economy, Trade and Industry Agency for Natural Resources and Energy under the FY2018 Subsidies for Virtual Power Plant Demonstration Project for Improvement of Energy Management in Demand Side initiative.

The pilot is expected to help Japan develop a road map on how to increase the use of V2G technologies to ensure the adoption of EVs as virtual power plants becomes a standard.

Flexible energy from EVs to the grid will help Japan expand its EV market, increase renewable energy use, keep consumer energy bills affordable and reduce carbon emissions.

Gregory Poilasne, CEO of Nuvve, said “since the 2011 earthquake and tsunami in Japan, the Japanese energy providers and the automotive industry have tried to find solutions for mitigating energy risks for the Japanese people, including solutions such as Vehicle to Home (V2H).

“It just makes sense that we use electric vehicles (EV) as part of the energy solution.  Aggregating a large number of vehicles can provide a significant amount of power that can be used not only during emergency situations, but also for day to day grid balancing. These batteries will generate revenues for the vehicle owners, thus reducing the cost of ownership of an EV.  We are excited to be part of this project and look forward to working with our partners in this project.”