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The Potential Benefits of V2G

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Vehicle-to-Grid

Part of the book series: Energy, Climate and the Environment ((ECE))

Abstract

Vehicle-to-grid has a myriad of potential benefits, though they can roughly be characterized into three central themes that align with different elements of sociotechnical systems. These themes include technical, economic, and environmental elements, and each impacts different actors and has different scopes, ranging from the individual to society. That is, V2G offers benefits in being cheaper and faster than other energy storage devices, while also offering novel economic revenues to consumers and reducing the environmental damages from both the electricity and transport sectors. Of course, many of these benefits are intertwined with other dimensions of the sociotechnical system, especially the co-evolution of the electricity grid and adoption of electric vehicles, which the chapter discusses next.

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Notes

  1. 1.

    It is worth noting that wildlife and water damages, despite being substantial impacts on the environment, have not been monetized and would likely be very high in costs if they were [30].

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Author information

Authors and Affiliations

  1. Department of Business and Technology, Aarhus University, Herning, Denmark

    Lance Noel, Gerardo Zarazua de Rubens, Johannes Kester & Benjamin K. Sovacool

  2. Science Policy Research Unit (SPRU), University of Sussex Unit, Falmer, UK

    Benjamin K. Sovacool

  3. Universiti Tenaga Nasional, Kajang, Malaysia

    Benjamin K. Sovacool

Authors
  1. Lance Noel
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  2. Gerardo Zarazua de Rubens
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  3. Johannes Kester
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  4. Benjamin K. Sovacool
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Correspondence to Lance Noel .

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Noel, L., Zarazua de Rubens, G., Kester, J., Sovacool, B.K. (2019). The Potential Benefits of V2G. In: Vehicle-to-Grid. Energy, Climate and the Environment. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-04864-8_2

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  • DOI: https://doi.org/10.1007/978-3-030-04864-8_2

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