Electric vehicles (EVs) are increasingly being equipped with vehicle-to-grid (V2G) technology, allowing them to send energy back to the power grid. This capability is being tested in Massachusetts, where a coalition of companies aims to explore how EVs can support grid stability during peak demand times, potentially reducing electricity costs for consumers.
Utilities face growing electricity demand and the need for reliable energy sources as they transition to renewable resources. V2G technology could provide a cost-effective solution by utilizing existing EV batteries as backup energy sources, especially during high-demand periods like heat waves.