Empowering the Future of Smart Grids

Abstract

The mission of vehicle-to-grid (V2G) within the context of a smart grid involves leveraging electric vehicles not only as modes of transportation but also as integral components of the energy ecosystem. V2G aims to establish a bidirectional energy flow between EVs and the grid, enabling these vehicles to not only draw power for charging but also feed excess stored energy back into the grid when required. This facilitates demand response, aids in grid stability by balancing supply and demand, promotes the integration of renewable energy sources, and supports grid resilience during peak demand or emergencies. Ultimately, the mission of V2G within the smart grid framework is to enhance grid reliability, optimize energy usage, and reduce environmental impact by maximizing the potential of electric vehicles as both consumers and providers of electricity. This chapter acts as a reference and guide for the forthcoming technological development and commercialization of electric vehicles (EVs), providing insights and recommendations for the future of smart grid transportation.