Vehicle-to-Grid (V2G) technology is expected to play a role in addressing the imbalance between periods of peak demand and peak supply on the electricity grid.
V2G technology enables two-way power flow between the grid and the high-power, high-capacity EV batteries.
That is, V2G allows the vehicle to store electricity during peak supply periods, and then discharge it back into the grid during peak demand periods, including other important ancillary services, like frequency regulation, peak shaving or power factor correction.